Maturity/Continuations Sample Clauses

Maturity/Continuations. The Canadian Borrowers shall pay to the Canadian Agent, and there shall become due and payable, at 2:00 p.m., Toronto, Ontario time, on the maturity date for each Bankers' Acceptance an amount in Canadian Dollars in same day funds equal to the Face Amount of such Bankers' Acceptance (notwithstanding that any Canadian Lender which accepted any such Bankers' Acceptance may be the holder thereof at maturity); provided, however, that subject to Section 4.10 and provided that the Canadian Borrowers have, by giving notice in accordance with Section 2.5(d) or Section 4.1, requested the Canadian Lenders to accept their orders to replace all or a portion of outstanding Bankers' Acceptances as they mature, each Canadian Lender shall, on the maturity of such Bankers' Acceptances, accept the Canadian Borrowers' order(s) having an aggregate Face Amount equal to such Canadian Lender's pro rata share of such new Face Amount as will result in the aggregate BA Discount Proceeds, net of the Acceptance Fees, of the new order(s) being equal to (or, due to the operation of 2.5(h), exceeding to the least extent possible) the aggregate Face Amount of the matured Bankers' Acceptances or the portion thereof to be replaced.

Maturity/Continuations. The Canadian Borrowers shall pay to the Canadian Administrative Agent, and there shall become due and payable, on the earlier of (i) 1:00 P.M. (Toronto, Ontario time) on the maturity date for each Bankers' Acceptance and (ii) the occurrence of an Event of Default and acceleration of the Loans by the Domestic Administrative Agent pursuant to Section 9.2, an amount in Canadian Dollars in same day funds equal to the Face Amount of such Bankers' Acceptance (notwithstanding that any Canadian Lender which accepted any such Bankers' Acceptance may be the holder thereof at maturity); provided, however, with respect to clause (i) above, subject to Section 3.7 and all other applicable provisions hereof and provided that the applicable Canadian Borrower has, by giving notice in accordance with subsection 2.2(a)(v) or 3.2, requested the Canadian Lenders to accept its orders to replace all or a portion of outstanding Bankers' Acceptances as they mature, each Canadian Lender shall, on the maturity of such Bankers' Acceptances and concurrent with the payment by the Canadian Borrowers to the Canadian Lenders of the Face Amount of such Bankers' Acceptances or the portion thereof to be replaced, accept the Canadian Borrowers' order(s) having an aggregate Face Amount equal to its pro rata share of the aggregate Face Amount of the matured Bankers' Acceptances or the portion thereof to be replaced. Notwithstanding anything to the contrary herein or in any other Credit Document, upon the occurrence of an Event of Default and acceleration of the Loans by the Domestic Administrative Agent pursuant to Section 9.2, an amount equal to the BA Obligations shall, without demand upon or further notice to the