BA Borrowing definition

BA Borrowing means a Borrowing comprised of one or more Bankers’ Acceptances or, as applicable, B/A Equivalent Loans. For greater certainty, all provisions of this Agreement that are applicable to Bankers’ Acceptances are also applicable, mutatis mutandis, to B/A Equivalent Loans.

BA Borrowing means a Borrowing comprised of BA Loans.

BA Borrowing means a borrowing consisting of the simultaneous issuance of Bankers’ Acceptances and BA Equivalent Notes on the same Drawing Date and having the same Contract Maturity Date made by each of the Multicurrency Revolving Lenders pursuant to Section 2.05.

Examples of BA Borrowing in a sentence

• The Loans comprising each B/A Borrowing shall be subject to the Acceptance Fee which shall be payable as set out in Section 2.11.

• Each Lender is hereby authorized (in accordance with a Borrowing Request relating to a B/A Borrowing) to issue such B/As endorsed in blank in such face amounts as may be determined by such Lender; provided that the aggregate amount thereof is equal to the aggregate amount of B/As required to be accepted and purchased by such Lender.

• Subject to the provisions of Section 9.10, the Advances comprising each B/A Borrowing shall be subject to an Acceptance Fee, payable by the Canadian Borrower on the date of acceptance of the relevant B/A and calculated as set forth in the definition of the term “Acceptance Fee” in Section 1.1.

• If the Borrower fails to notify the Administrative Agent of its intention to issue B/As on such last day of the Contract Period, the Borrower shall provide payment to the Administrative Agent on behalf of the Lenders of an amount equal to the aggregate face amount of such B/A Borrowing on the last day of the Contract Period thereof.

• Thereafter, the Borrower Representative may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Borrowing or a B/A Borrowing, may elect Interest Periods or Contract Periods (as applicable) therefor, all as provided in this Section.

• To facilitate availment of B/A Borrowings, the Borrower hereby appoints each Lender as its attorney to sign and endorse on its behalf (in accordance with a Borrowing Request relating to a B/A Borrowing), in handwriting or by facsimile or mechanical signature as and when deemed necessary by such Lender, blank forms of B/As in the form requested by such Lender.

• Any B/A Borrowing may be repaid by the Borrower in whole or in part prior to the expiry date of the Contract Period.

• One stream of research concentrates on the influence of earnings management as a basis of mispricing (Teoh et al.

• Thereafter, the Canadian Borrower may elect to convert such Borrowing to a different Type, in the case of Borrowings denominated in Dollars, or to continue such Borrowing and, in the case of a Eurodollar Borrowing or BA Borrowing, may elect Interest Periods therefor, all as provided in this Section.

• For the avoidance of doubt, the amount owing by the Borrower with respect to any B/A Borrowing shall unconditionally be the face amount of the B/As and/or undiscounted amount of the B/A Equivalent Loans in question, such that any prepayment shall not serve to reduce the prepaid interest cost of such B/A Borrowing.

More Definitions of BA Borrowing

BA Borrowing means a Borrowing comprised of one or more Bankers’ Acceptances or, as applicable, B/A Equivalent Loans.For greater certainty, unless the context requires otherwise, all provisions of this Agreement which are applicable to Bankers’ Acceptances are also applicable, mutatis mutandis, to B/A Equivalent Loans.

BA Borrowing means a Borrowing comprised of one or more Bankers’ Acceptances or, as applicable, B/A Equivalent Advances, as to which a single Contract Period is in effect.

BA Borrowing or "USBR Loan" or "USBR Borrowing" or "Canadian Prime Loan" or "Canadian Prime Borrowing").

BA Borrowing means Bankers' Acceptance and BA Equivalent Notes accepted or purchased by the Canadian Lenders in amounts substantially equivalent (subject to SUBSECTION 2.3.2(B)) to their respective Pro Rata Shares on the same day and for the same term.

BA Borrowing means a Borrowing comprised of one or more Bankers Acceptances or BA Equivalent Loans. For greater certainty, unless the context requires otherwise, all provisions of this Agreement which are applicable to Bankers Acceptances are also applicable, mutatis mutandis, to BA Equivalent Loans.

BA Borrowing means Bankers' Acceptances and BA Equivalent Notes accepted or purchased by the Lenders in amounts substantially equivalent (subject to SUBSECTION 2.3.2(b)) to their respective Pro Rata Shares on the same day and for the same term. BA DISCOUNT PROCEEDS means, with respect to any Bankers' Acceptance or BA Equivalent Note, an amount calculated on the applicable Borrowing Date which is (rounded to the nearest full cent) equal to the face amount of such Bankers' Acceptance or BA Equivalent Note divided by the sum of one plus the product of (i) the BA Discount Rate applicable thereto, multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance or BA Equivalent Note and the denominator of which is 365. BA DISCOUNT RATE means, subject to SUBSECTION 2.3.4(b), with respect to any Bankers' Acceptances or BA Equivalent Notes to be purchased by the Lenders on any Borrowing Date, (i) for each Lender that is a bank named in Schedule I to the Bank Act, the CDOR for bankers' acceptances having an identical maturity date and (if shown on the CDOR page of the Reuters screen) comparable aggregate face amount to the maturity date and aggregate face amount of such Bankers' Acceptances, (ii) for each Lender that is not a bank named in Schedule I to the Bank Act, the arithmetic average (rounded upward, if necessary, to an integral multiple of 1/100 of 1%) of the discount rate of interest at which each BA Reference Lender is offering as of 10:00 a.m. (Toronto time) on such Borrowing Date to purchase bankers' acceptances accepted by it having an identical maturity date and comparable aggregate face amount to the maturity date and aggregate face amount of the applicable Bankers' Acceptance of such BA Reference Lender, as notified by such Lender to the Administrative Agent and (iii) for each Non-BA Lender, the lesser of (A) the CDOR plus 0.10%, and (B) the annual interest rate which is the cost to such Non-BA Lender of obtaining Canadian Dollars to fund such purchase by it, as notified by such Lender to the Administrative Agent. BA EQUIVALENT NOTE - see SECTION 2.3.1.