Acceptance Commitments. (a) Subject to the terms and conditions hereof, each Lender agrees to create Acceptances for the Borrower on any Business Day during the Commitment Period by accepting Drafts drawn by the Borrower; provided that no Lender shall be obligated to accept any Draft if, after giving effect to such acceptance, (i) the Available Commitment of such Lender would not be greater than or equal to zero or (ii) the Aggregate Available Commitments of all Lenders would not be greater than or equal to zero. (b) The Borrower may utilize the Commitments in the manner contemplated by this Article 3 by authorizing each Lender in the manner provided for in subsection 3.2(b) to draw Drafts on such Lender and having such Drafts accepted pursuant to Section 3.2, paying its obligations with respect thereto pursuant to Section 3.2, and again authorizing Drafts to be drawn on the Lenders and having them presented for acceptance, all in accordance with the terms and conditions of this Article 3. (c) For the purposes of this Agreement, all Acceptances shall be considered a utilization of the Commitments in an amount equal to the undiscounted face amount of such Acceptance.
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Sources: Revolving Credit Agreement (Case Corp), Revolving Credit Agreement (Case Credit Corp)