Acceptance Commitment Sample Clauses

Acceptance Commitment. Subject to the terms and conditions set forth herein, each Canadian Lender severally agrees that Canadian Borrower may, at any time and from time to time during the Availability Period, issue Acceptances denominated in Canadian Dollars, in minimum denominations of Cdn. $100,000 or a whole multiple thereof and in minimum aggregate face amounts in connection with any Notice of Drawing of Cdn. $1,000,000 or any greater whole multiple of Cdn. $100,000, each in accordance with the provisions of this Section 2.03 and in an aggregate face amount that will not result in (i) such Lender’s Applicable Percentage of Total Canadian Outstandings exceeding such Lender’s Canadian Commitment, (ii) the Total Canadian Outstandings exceeding the Aggregate Canadian Commitments, or (iii) the Total Canadian Outstandings exceeding an amount that equals the Canadian Borrowing Base then in effect; provided that at all times the outstanding aggregate face amount of all Acceptances made by a Canadian Lender shall equal its Applicable Revolving Credit/Committed Loan Percentage of the outstanding face amount of all Acceptances made by all Canadian Lenders. For purposes of this Agreement, the full face value of an Acceptance, without discount, shall be used when calculations are made to determine the outstanding amount of a Canadian Lender’s Acceptances; provided that in computing the face amount of Acceptances outstanding, the face amount of an Acceptance in respect of which the Obligations with respect to such Acceptance have been cash collateralized by Canadian Borrower and received by Canadian Lender that created the same in accordance with the terms of this Agreement shall not be included.
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Acceptance Commitment. (i) Each Canadian Lender severally agrees, on and subject to the terms and conditions set forth herein: (A) in the case of a Canadian Lender that is able to accept Drafts from McKesson Canada, to create acceptances (each, a “Bankers’ Acceptance”) by accepting Drafts from McKesson Canada and to purchase such Bankers’ Acceptances in accordance with Section 2.04(d); and (B) in the case of a Canadian Lender that has participated all or any part of its interest in the Bankers’ Acceptance Facilities to a participant that is able to accept Drafts from McKesson Canada, to arrange for the creation of Bankers’ Acceptances by such participant and for the purchase of such Bankers’ Acceptances by such participant, to the extent of such participation or assignment, in accordance with Section 2.04(d).
Acceptance Commitment. The Canadian Borrower may issue Bankers’ Acceptances denominated in Canadian Dollars, for purchase by the Canadian Lenders hereunder, in each case in accordance with the provisions of this Section 3.02; provided that, immediately after each such Bankers’ Acceptance is issued by the Canadian Borrower and purchased by the applicable Canadian Lender, the amount of such Canadian Lender’s Canadian Outstandings shall not exceed the amount of its Canadian Commitment.
Acceptance Commitment. In addition to requesting Canadian Loans pursuant to subsection 2.1A(ii), Canada Safeway may request pursuant to this Section 4, from time to time during the period from the Closing Date to but excluding the Termination Date, that, under the Canadian Commitments, Canadian Lenders create bankers’ acceptances (each, an “Acceptance”) by accepting Drafts from Canada Safeway in an aggregate amount not exceeding each such Canadian Lender’s Canadian Pro Rata Share of the aggregate amount of the Canadian Commitments to be used for the purposes identified in subsection 4.11; provided that Canada Safeway shall not request the creation and purchase of any Acceptance if, after giving effect thereto, the Total Utilization of Canadian Commitments would exceed the Canadian Commitments then in effect, and no Canadian Lender shall have any obligation to create and purchase any Acceptance if, after giving effect thereto, the Total Utilization of Canadian Commitments of such Canadian Lender would exceed its Canadian Commitment. Each Drawing shall be in an aggregate Face Amount of not less than Cdn.$10,000,000 and in integral multiples of Cdn.$100,000 and shall consist of the creation and purchase of Acceptances by Canadian Lenders on the same day in accordance with subsection 4.4, ratably in accordance with their respective Canadian Pro Rata Shares; provided that if apportionment of Acceptances among the Canadian Lenders cannot be made on a pro rata basis in even multiples of Cdn.$100,000, Canadian Administrative Agent shall round the allocations among Canadian Lenders consistent with Canadian Administrative Agent’s money market practices.
Acceptance Commitment. (a) Upon the terms and subject to the conditions hereof, the Administrative Agent agrees, at any time and from time to time during the Acceptance Availability Period, to create Acceptances for the Company maturing on a Business Day not less than 30 days or more than 90 days after the creation thereof and in any event not later than the last day of the Acceptance Availability Period; provided, however, that at any time during the Revolving Credit Availability Period, (i) Aggregate Outstandings of all Banks shall not exceed the Aggregate Revolving Commitment, and (ii) the sum of (A) each Bank's Pro Rata Share multiplied by the sum of the aggregate unpaid face amount of all unmatured Acceptances and the aggregate amount of all outstanding Acceptance Obligations plus (B) the aggregate unpaid principal amount of such Bank's Committed Loans outstanding hereunder shall not exceed the amount of such Bank's Revolving Commitment which, for purposes of this clause (B), shall be reduced by an amount equal to the product obtained by multiplying such Bank's Pro Rata Share by the aggregate unpaid principal amount of all outstanding Bid Loans.
Acceptance Commitment. I understand and accept all the above provisions and commit to protect and promote the wellbeing of children and protect the ELOM data when it is our possession. As the signatory to the full ELOM User Agreement, I take responsibility for ensuring that any associated sta or volunteers are informed of and uphold this agreement, including the code of conduct for working with children. Organisation Name of authorised signatory Position Preferred package I, agree to the terms and conditions of the user agreement. SAMPLE
Acceptance Commitment. I understand and accept all the above provisions and commit to protect and promote the well-being of children and protect the ELOM data when it is in our possession. As the signatory to the full ELOM User Agreement, I take responsibility for ensuring that any associated sta or volunteers are informed of and uphold this agreement. Organisation Name of authorised signatory Position Preferred package Email address We periodically send out a mailer via email, with useful information and insights on our work and the ELOM tools. Please tick here if you wish to opt out of our mailer. Please opt me out of the DataDrive2030 mailer. I, agree to the terms and conditions of the user agreement. SAMPLE
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Acceptance Commitment. No irrevocable commitment to accept or reject the Offer has been received by the Offeror and / or parties acting in concert with it.
Acceptance Commitment. (a) Upon the terms and subject to the conditions hereof and upon receipt of a duly executed application for the creation of Acceptances substantially in the form of the Notice of Drawing attached hereto as Exhibit C (each, a "Notice of Drawing"), or upon the creation of an Acceptance, arising from a Letter of Credit providing for time drafts, to pay an LOC Reimbursement Obligation, the Agent agrees, from the Closing Date to the Maturity Date, to create Acceptances for the Borrower maturing on a Business Day not less than 30 days or more than 180 days after the creation thereof; provided, however, that at any time (i) the Aggregate Outstanding, the amount of all Acceptance Reimbursement Obligations (other than in respect of Special Finance Bankers Acceptances), the aggregate face amount of all Letters of Credit then outstanding plus the amount of all LOC Reimbursement Obligations may not exceed the Tranche 2 Commitment, (ii) the aggregate amount of Loans outstanding together with the aggregate amount of Special Finance Bankers Acceptances then outstanding plus all Acceptance Reimbursement Obligations with respect to any Special Finance Bankers Acceptances may not exceed the Tranche 1 Commitment and (iii) the maturity date of any such Acceptance may not be more than 120 days beyond the Maturity Date. The bankers acceptances identified on Schedule B hereto shall be deemed to be Acceptances issued by the Agent pursuant to the terms of this Article IIB.
Acceptance Commitment. 22 3.2 Notice of Drawing 22 3.3 Preparation of Drafts and Creation of Acceptances 22 3.4 Acceptance Obligation of the Company 23 3.5 Prepayment 24 3.6 Participations in Acceptances. 24
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