Common use of Mechanics of Issuance Clause in Contracts

Mechanics of Issuance. (a) Upon receipt by the Agent of a Drawdown Notice or Conversion/Rollover/ Repayment Notice from the Borrower requesting the issuance of Bankers’ Acceptances, the Agent shall promptly notify the Lenders thereof and advise each Lender of the aggregate face amount of Bankers’ Acceptances to be accepted and purchased by such Lender, the date of issue and the Interest Period for such Loan; the apportionment among the Lenders of the face amounts of Bankers’ Acceptances to be accepted by each Lender shall be determined by the Agent by reference and in proportion to the respective applicable Commitments of each Lender; provided that, when such apportionment cannot be evenly made, the Agent shall round allocations amongst such Lenders consistent with the Agent’s normal money market practices.

Mechanics of Issuance. (a1) Upon receipt by the Agent of a Drawdown Notice, Conversion Notice or Conversion/Rollover/ Repayment Rollover Notice from the Borrower requesting the issuance of Bankers’ Acceptances' Acceptances under the Syndicated Facility, the Agent shall promptly notify the Lenders thereof and advise each Lender of the aggregate face amount of Bankers’ ' Acceptances to be accepted and purchased by such Lender, the date of issue and the Interest Period for such Loan; the apportionment among the Lenders of the face amounts of Bankers’ ' Acceptances to be accepted by each Lender shall be determined by the Agent by reference and in proportion to the respective applicable Commitments of each Lender; , provided that, when such apportionment cannot be evenly made, the Agent shall round allocations amongst such Lenders consistent with the Agent’s 's normal money market practices.

Mechanics of Issuance. (a1) Upon receipt by the Agent of a Drawdown Notice, Conversion Notice or Conversion/Rollover/ Repayment Rollover Notice from the Borrower requesting the issuance of Bankers’ AcceptancesAcceptances under the Syndicated Facility, the Agent shall promptly notify the Lenders thereof and advise each Lender of the aggregate face amount of Bankers’ Acceptances to be accepted and purchased by such Lender, the date of issue and the Interest Period for such Loan; the apportionment among the Lenders of the face amounts of Bankers’ Acceptances to be accepted by each Lender shall be determined by the Agent by reference and in proportion to the respective applicable Commitments of each Lender; , provided that, when such apportionment cannot be evenly made, the Agent shall round allocations amongst such Lenders consistent with the Agent’s normal money market practices.

Mechanics of Issuance. (a) Upon receipt by the Administrative Agent of a Drawdown Notice, Conversion Notice or Conversion/Rollover/ Repayment Rollover Notice from the Borrower requesting the issuance of Bankers’ ' Acceptances, the Administrative Agent shall promptly notify the Lenders thereof and advise each Lender of the aggregate face amount of Bankers’ ' Acceptances to be accepted and purchased by such Lender, the date of issue and the Interest Period for such Loan; the . The apportionment among the Lenders of the face amounts of Bankers’ ' Acceptances to be accepted by each Lender shall be determined by the Administrative Agent by reference and in proportion to the respective applicable Commitments of each LenderLender and shall be forthwith provided to the Borrower; provided that, when such apportionment cannot be evenly made, the Administrative Agent shall round allocations amongst such Lenders consistent with the Administrative Agent’s 's normal money market practices.