Common use of Acceptance and Purchase Clause in Contracts

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Lender severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit I. A Bankers’ Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance (i) the Canadian Revolving Credit Exposure of any Canadian Lender shall not exceed such Canadian Lender’s Canadian Commitment, and (ii) the Total Canadian Outstandings shall not exceed the Aggregate Canadian Commitments.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Lender Bank severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Canadian Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit I. A F. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding Bankers’ Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance Acceptances exceed the remainder of (i) the Total Canadian Revolving Credit Exposure of any Canadian Lender shall not exceed such Canadian Lender’s Canadian Commitment, and Commitment minus (ii) the Total sum of (A) the Outstanding Amount of all Canadian Outstandings shall not exceed Loans denominated in U.S. Dollars, plus (B) the Aggregate Outstanding Amount of all Canadian CommitmentsLoans denominated in Canadian Dollars.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Lender severally agrees to the extent of its respective Pro Rata Share of the Revolving Credit Commitments accept and purchase Bankers’ Canadian Bankers Acceptances drawn upon it by the Canadian Borrowers Borrower denominated in Canadian Dollars. The Canadian Borrowers Borrower shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ "Canadian Bankers Acceptance Notice”") by 11:00 10:00 a.m. (Toronto Toronto, Ontario time) within one two (12) Business Day of Days prior to the date of any borrowing Borrowing (including a conversion into or continuation/rollover of) by way of Bankers’ Canadian Bankers Acceptances. Each borrowing Borrowing by way of Bankers’ Canadian Bankers Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an 500,000.00 and integral multiple multiples of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple 100,000.00 in excess thereof. Each Bankers’ Canadian Bankers Acceptance Notice shall be in the form of Exhibit I. A Bankers’ Acceptance "D". In no event shall be purchased and accepted only ifthe Dollar Equivalent of the aggregate face amount (without discount) of all outstanding Canadian Bankers Acceptances exceed the Maximum Canadian Exposure minus the sum of the outstanding principal amount of all Canadian Loans (expressed in its Dollar Equivalent thereof), after giving effect to such purchase and acceptance (i) plus the Canadian Revolving Letter of Credit Exposure of any Canadian Lender shall not exceed such Canadian Lender’s Canadian Commitment, and Obligations (ii) the Total Canadian Outstandings shall not exceed the Aggregate Canadian Commitmentsexpressed in its Dollar Equivalent thereof).

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Lender Bank severally agrees to accept and purchase Bankers’ ' Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “"Bankers’ ' Acceptance Notice”") by 11:00 10:00 a.m. (Toronto New York time) within one two (12) Business Day of Days prior to the date of any borrowing by way of Bankers’ ' Acceptances. Each borrowing by way of Bankers’ ' Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an 1,000,000 and integral multiple multiples of C$100,000 in excess thereof. The face amount of each Bankers’ ' Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ ' Acceptance Notice shall be in the form of Exhibit I. A H. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding Bankers’ Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance (i) the Canadian Revolving Credit Exposure of any Canadian Lender shall not ' Acceptances exceed such Canadian Lender’s Canadian Commitment, and (ii) the Total Canadian Outstandings shall not exceed Commitment minus the Aggregate sum of the outstanding principal amount of all Canadian CommitmentsLoans (expressed in its Dollar Equivalent thereof), plus the Maximum Drawing Amount (expressed in its Dollar Equivalent thereof) of all outstanding Canadian Letters of Credit.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Lender severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit I. A Bankers’ Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance (i) the Canadian Revolving Credit Exposure of any Canadian Lender shall not exceed such Canadian Lender▇▇▇▇▇▇’s Canadian Commitment, and (ii) the Total Canadian Outstandings shall not exceed the Aggregate Canadian Commitments.