Common use of Acceptance Notes Clause in Contracts

Acceptance Notes. (i) It is understood that from time to time certain Schedule II Banks and Schedule III Banks may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Borrower in accordance with the provisions of Section 2.12(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account. (ii) In connection with any request by the Borrower for the creation of Bankers’ Acceptances, the Borrower shall deliver to each Acceptance Note Lender non-interest bearing promissory notes (each, an “Acceptance Note”) of the Borrower, substantially in the form of Exhibit G, having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the face amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Acceptance Note Lender. Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it, and such Acceptance Notes shall be governed by the provisions of this Section 2.12 as if they were Bankers’ Acceptances.

Acceptance Notes. (i) It is understood that from time to time certain Schedule II Banks and Schedule III Banks Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Borrower Canadian Borrowers in accordance with the provisions of this Section 2.12(b1.3(d) in lieu of accepting and purchasing Bankers’ Acceptances for its account. (iii) In connection with any request by the a Canadian Borrower for the creation of Bankers’ Acceptances, the such Canadian Borrower shall deliver to each Acceptance Note Lender non-interest bearing promissory notes (each, an “Acceptance Note”) of the such Canadian Borrower, substantially in the form of Exhibit GD-4, having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the face amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Acceptance Note Lender. Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Borrower Canadian Borrowers at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it, and such it (less any Acceptance Notes shall be governed by the provisions of this Section 2.12 as if they were Bankers’ Acceptances.Fee which would have been paid pursuant to Section

Acceptance Notes. (i) It is understood that from time to time certain Schedule II Banks and Schedule III Banks Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Canadian Borrower in accordance with the provisions of Section 2.12(b3.02(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account. (ii) In connection with any request by the Canadian Borrower for the creation of Bankers’ Acceptances, the Canadian Borrower shall deliver to each Acceptance Note Lender non-interest bearing promissory notes (each, an “Acceptance Note”) of the Canadian Borrower, substantially in the form of Exhibit GJ, having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the face amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Acceptance Note Lender. Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by itit (less any Acceptance Fee which would have been paid pursuant to Section 3.02(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 2.12 3.02 as if they were Bankers’ Acceptances.

Acceptance Notes. (i) It is understood that from time to time certain Schedule II Banks and Schedule III Banks Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the a Canadian Borrower in accordance with the provisions of Section 2.12(b2.03(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account. (ii) In connection with any request by the a Canadian Borrower for the creation of Bankers’ Acceptances, the such Canadian Borrower shall deliver to each Acceptance Note Lender non-interest bearing promissory notes (each, an “Acceptance Note”) of the such Canadian Borrower, substantially in the form of Exhibit GK, having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the face amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Acceptance Note Lender. Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the such Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by itit (less any Acceptance Fee which would have been paid pursuant to Section 2.03(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 2.12 2.03 as if they were Bankers’ Acceptances.

Acceptance Notes. (i) It is understood that from time to time certain Schedule II Banks and Schedule III Banks Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Canadian Borrower in accordance with the provisions of Section 2.12(b2.03(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account. (ii) In connection with any request by the Canadian Borrower for the creation of Bankers’ Acceptances, the Canadian Borrower shall deliver to each Acceptance Note Lender non-interest bearing promissory notes (each, an “Acceptance Note”) of the Canadian Borrower, substantially in the form of Exhibit GK, having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the face amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Acceptance Note Lender. Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by itit (less any Acceptance Fee which would have been paid pursuant to Section 2.03(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 2.12 2.03 as if they were Bankers’ Acceptances.