Common use of Availment Options Clause in Contracts

Availment Options. Subject to the restrictions contained in this Article III and the exceptions indicated below, the Borrower may receive Advances under Facility B from the Facility B Lenders (subject to the restrictions set out below) by any one or more of the following Availment Options (or any combination thereof): (i) Canadian Dollar Loans in minimum amounts of $500,000 and multiples of $100,000; or (ii) Bankers' Acceptances from the BA Lenders in minimum amounts of $500,000 and multiples of $100,000; or (iii) BA Equivalent Note Loans from the Non-BA Lenders in minimum amounts of $500,000 and multiples of $100,000; or (iv) Fixed-Rate Term Loans in minimum amounts of $500,000 and multiples of $100,000, subject to section 3.07; provided that Bankers' Acceptances, BA Equivalent Note Loans and Fixed-Rate Term Loans will not be issued with a maturity date later than the Facility B Maturity Date or which could result in the Facility B Limit being exceeded at any time. The Borrower may convert Outstanding Advances under Facility B in the form of any above Availment Option into another said form of Availment Option, subject to and in accordance with the terms and conditions of this Agreement (but for greater certainty, Bankers' Acceptances, BA Equivalent Note Loans and Fixed-Rate Term Loans may not be converted into another Availment Option prior to the maturity thereof).

Availment Options. Subject to the restrictions contained in this Article III Agreement (and the exceptions indicated belowin particular, Sections 7.02 and 7.03), the Borrower may receive Advances under Facility B from the Facility B Lenders (subject to the restrictions set out below) C by any one or more of the following Availment Options (or any combination thereof):Options: (i) Canadian Dollar Loans in minimum amounts of $500,000 and multiples of $100,000; orLoans; (ii) Bankers' Acceptances from the BA Lenders in minimum amounts of $500,000 and multiples of $100,000; orU.S. Dollar Loans; (iii) BA Equivalent Note Loans from the Non-BA Lenders Bankers’ Acceptances in a minimum amounts amount of One Million Dollars ($500,000 1,000,000), and in multiples of One Hundred Thousand Dollars ($100,000), each having a maturity of between twenty-eight (28) and one hundred and eighty-two (182) days (inclusive), subject to availability; or (iv) Fixed-Rate Term LIBOR Loans in a minimum amounts amount of One Million U.S. Dollars (U.S. $500,000 1,000,000), and in multiples of One Hundred Thousand U.S. Dollars (U.S. $100,000) and with a LIBOR Period of 1, 2, and 3 months, subject to section 3.07; availability, provided that no Bankers' Acceptances, BA Equivalent Note Loans and Fixed-Rate Term Loans ’ Acceptance or a LIBOR Loan will not be issued with a maturity date later than the Facility B Maturity Date or which could result in the Facility B Limit being exceeded at any timeDate. The Borrower may convert Outstanding Advances under Facility B C in the form of any above Availment Option into another said form of Availment Option, subject to and in accordance with the terms and conditions of this Agreement (but for greater certainty, a Bankers' Acceptances, BA Equivalent Note Loans and Fixed-Rate Term Loans ’ Acceptance or a LIBOR Loan may not be converted into another Availment Option prior to the maturity thereof).