Common use of Procedure for Drawing Clause in Contracts

Procedure for Drawing. Each Bankers’ Acceptance Loan shall be made in accordance with the notice provisions given by the relevant Borrower by way of a Notice of Borrowing to the Administrative Agent as set forth in Section 2.03 of the Agreement.

Appears in 3 contracts

Sources: Abl Credit Agreement (Smurfit Stone Container Corp), Abl Credit Agreement (Smurfit Stone Container Corp), Abl Credit Agreement (AbitibiBowater Inc.)