Degree of Care. Any executed Drafts to be used as Bankers' Acceptances which are delivered to a Lender shall be held in safekeeping with the same degree of care as if they were the Lender's own Property, and shall be kept at the place at which such drafts are ordinarily held by such Lender.
Appears in 2 contracts
Samples: Credit Agreement (Enerplus Resources Fund), Credit Agreement
Degree of Care. Any executed Drafts drafts to be used as Bankers' Acceptances which are delivered to a the Lender shall be held in safekeeping with the same degree of care as if they were the Lender's own Propertyproperty, and shall be kept at the place at which such drafts are ordinarily held by such the Lender.
Appears in 1 contract
Samples: Credit Agreement (Jpe Inc)
Degree of Care. Any executed Drafts drafts to be used as Bankers' Acceptances which are delivered by the Borrower to a Lender shall need only be held in safekeeping with the same degree of care as if they were the Lender's own Property, and shall be kept at the place at which such drafts are ordinarily held by such Lenderproperty.
Appears in 1 contract
Samples: Credit Agreement (Microcell Telecommunications Inc)
Degree of Care. Any executed Drafts drafts to be used as Bankers' Acceptances which are delivered by the Borrower to a the Lender shall need only be held in safekeeping with the same degree of care as if they were the Lender's own Property, and shall be kept at the place at which such drafts are ordinarily held by such Lenderproperty.
Appears in 1 contract
Degree of Care. Any executed Drafts drafts to be used as Bankers' ’ Acceptances which are delivered to a BA Lender shall be held in safekeeping with the same degree of care as if they were the such Lender's ’s own Propertyproperty, and shall be kept at the place at which such drafts are ordinarily held by such BA Lender.
Appears in 1 contract
Samples: Assignment and Assumption (Canetic Resources Trust)
Degree of Care. Any executed Drafts drafts to be used as Bankers' Acceptances which are delivered to a the Lender shall be held in safekeeping with the same degree of care as if they were the such Lender's own Propertyproperty, and shall be kept at the place at which such drafts are ordinarily held by such the Lender.
Appears in 1 contract
Degree of Care. Any executed Drafts to be used as Bankers' Acceptances or promissory notes, as applicable, which are delivered to a Lender shall be held in safekeeping safely with the same degree of care as if they were the such Lender's own Propertyproperty, and shall be kept at the place at which such drafts Drafts are ordinarily held by such Lender.
Appears in 1 contract
Samples: Credit Agreement
