Acceptance Drawing definition

Acceptance Drawing means a drawing in any medium, including but not limited to, an electronic version in CAD format, made by Supplier based upon specification tenders provided by MARELLI or any of its Affiliates and design-released by MARELLI or any of its Affiliates;
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Acceptance Drawing a drawing in any medium, including an electronic version in a CAD format, made by Supplier based upon specification tenders provided by Nissan or any of its Affiliates and design-released by Nissan or any of its Affiliates;
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Examples of Acceptance Drawing in a sentence

  • To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers' Acceptance Drawing.

  • The amount of each BA Equivalent Drawing shall be equal to the BA Discount Proceeds which would be realized from a hypothetical sale of those Bankers' Acceptances which, but for this Section 5.7, such Lender would otherwise be required to accept as part of such Bankers' Acceptance Drawing.

  • To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers’ Acceptance Drawing.

  • The amount of each BA Equivalent Drawing shall be equal to the BA Discount Proceeds which would be realized from a hypothetical sale of those Bankers’ Acceptances which, but for this Section 5.7, such Lender would otherwise be required to accept as part of such Bankers’ Acceptance Drawing.

  • Neither the Administrative Agent nor any Lender shall be responsible or liable for its failure to make its share of any Bankers’ Acceptance Drawing as required hereunder if the cause of such failure is, in whole or in part, due to the failure of the Borrower to provide such pre-signed Bankers’ Acceptances to the Administrative Agent or such Lender on a timely basis.

  • If to make such repayment it is necessary to repay a Bankers’ Acceptance Drawing or LIBOR Drawing, the Borrower shall not be required to repay such Bankers’ Acceptance Drawing or LIBOR Drawing until the BA Maturity Date or end of the LIBOR Interest Period, as the case may be, provided that the Borrower has deposited with the Administrative Agent funds equal to such excess to be held in trust to be applied against payment of such excess.

  • Concurrent with the making of a BA Equivalent Drawing, a Non-Acceptance Lender shall be entitled to deduct therefrom an amount equal to the BA Stamping Fee which, but for this Section 5.7, such Lender would otherwise be entitled to receive as part of such Bankers’ Acceptance Drawing.

  • If there is no Rollover or Conversion of a Banker’s Acceptance Drawing pursuant to the terms hereof, or no repayment of the relevant Bankers’ Acceptances in accordance with the foregoing, there shall be deemed to be a Conversion of the Bankers’ Acceptance Drawing to a Prime Rate Drawing and the provisions hereof relating to Prime Rate Drawings shall be applicable thereto.

  • If there is no Rollover or Conversion of a Banker's Acceptance Drawing pursuant to the terms hereof, or no repayment of the relevant Bankers' Acceptances in accordance with the foregoing, there shall be deemed to be a Conversion of the Bankers' Acceptance Drawing to a Prime Rate Drawing and the provisions hereof relating to Prime Rate Drawings shall be applicable thereto.

  • If to make such repayment it is necessary to repay a Bankers' Acceptance Drawing or LIBOR Drawing, the Borrower shall not be required to repay such Bankers' Acceptance Drawing or LIBOR Drawing until the BA Maturity Date or end of the LIBOR Interest Period, as the case may be, provided that the Borrower has deposited with the Administrative Agent funds equal to such excess to be held in trust to be applied against payment of such excess.