Time for Honour. No Letter of Credit shall require payment against a conforming draft to be made thereunder on the same Business Day upon which such draft is presented, if such presentation is made after 11:00 a.m. (Toronto time) on such Business Day.
Appears in 7 contracts
Samples: Credit Agreement (West Fraser Timber Co., LTD), Agreement (Telus Corp), Credit Agreement (West Fraser Timber Co., LTD)
Time for Honour. No Letter of Credit shall require payment against a conforming draft to be made thereunder on the same Business Day upon which such draft is presented, if such presentation is made after 11:00 a.m. (Toronto timelocal time at the place of presentation) on such Business Day.
Appears in 3 contracts
Samples: Credit Agreement (Maxar Technologies Inc.), Credit Agreement (Maxar Technologies Ltd.), 2012 Credit Agreement (Macdonald Dettwiler & Associates LTD)
Time for Honour. No Letter of Credit shall require payment against a conforming draft to be made thereunder on the same Business Day upon which such draft 48 - 42 - is presented, if such presentation is made after 11:00 a.m. (Toronto local time) on such Business Day.
Appears in 1 contract
