Common use of Outstanding Bankers’ Acceptances or Discount Notes Clause in Contracts

Outstanding Bankers’ Acceptances or Discount Notes. If the Credit Facility is terminated at any time prior to the maturity date of any Bankers’ Acceptance or Discount Note issued hereunder, the Borrower shall pay to the Lenders, on demand, an amount with respect to each such Bankers’ Acceptance or Discount Note equal to the total amounts which would be required to purchase in the Canadian Dollars market, as of 10:00 a.m. (Toronto, Ontario time) on the date of payment of such demand, Government of Canada treasury bills in an aggregate amount equal to the face amount of such Bankers’ Acceptance and Discount Note and having in each case a term to maturity similar to the period from such demand to maturity of such Bankers’ Acceptance or Discount Note. Upon payment by the Borrower as required under this Section, the Borrower shall have no further liability in respect of each such Bankers’ Acceptance or Discount Note and the Lenders shall be entitled to all of the benefits of, and be responsible for all payments to third parties under such Bankers’ Acceptance or Discount Note, and the Lenders shall indemnify and hold harmless the Borrower in respect of all amounts which the Borrower may be required to pay under each such Bankers’ Acceptance or Discount Note to any party other than the Lenders.

Outstanding Bankers’ Acceptances or Discount Notes. If the Credit Facility is terminated at any time prior to the maturity date of any Bankers’ Acceptance or Discount Note issued hereunder, the Borrower shall pay to the Lenders, on demand, an amount with respect to each such Bankers’ Acceptance or Discount Note equal to the total amounts which would be required to purchase in the Canadian Dollars market, as of 10:00 a.m. (Toronto, Ontario time) on the date of payment of such demand, Government of Canada treasury bills in an aggregate amount equal to the face amount of such Bankers’ Acceptance and Discount Note and having in each case a term to maturity similar to the period from such demand to maturity of such Bankers’ Acceptance or Discount Note. Upon payment by the Borrower as required under this Section, the Borrower shall have no further liability in respect of each such Bankers’ Acceptance or Discount Note and the Lenders shall be entitled to all of the benefits of, and be responsible for all payments to third parties under such Bankers’ Acceptance or Discount Note, and the Lenders shall indemnify and hold harmless the Borrower in respect of all amounts which the Borrower may be required to pay under each such Bankers’ Acceptance or Discount Note to any party other than the Lenders.. LEGAL_1:60252742.8

Outstanding Bankers’ Acceptances or Discount Notes. If the Credit Facility is terminated at any time prior to the maturity date of any Bankers’ ' Acceptance or Discount Note issued hereunder, the Borrower shall pay to the Lenders, on demand, an amount with respect to each such Bankers’ ' Acceptance or Discount Note equal to the total amounts which would be required to purchase in the Canadian Dollars market, as of 10:00 a.m. (Toronto, Ontario time) on the date of payment of such demand, Government of Canada treasury bills in an aggregate amount equal to the face amount of such Bankers’ ' Acceptance and Discount Note and having in each case a term to maturity similar to the period from such demand to maturity of such Bankers’ ' Acceptance or Discount Note. Upon payment by the Borrower as required under this Sectionparagraph, the Borrower shall have no further liability in respect of each such Bankers’ ' Acceptance or Discount Note and the Lenders shall be entitled to all of the benefits of, and be responsible for all payments to third parties under such Bankers’ ' Acceptance or Discount Note, and the Lenders shall indemnify and hold harmless the Borrower in respect of all amounts which the Borrower may be required to pay under each such Bankers’ ' Acceptance or Discount Note to any party other than the Lenders.