Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' Acceptances which are authorized and requested hereunder by the Canadian Revolver Borrower may, at the option of Canadian Revolver Borrower, be reproduced in facsimile and such Bankers' Acceptances bearing such facsimile signatures shall be binding on Canadian Revolver Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory may no longer be an authorized signatory of Canadian Revolver Borrower at the date of issuance of a Bankers' Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall, unless prior to its use the Canadian Revolver Borrower has notified the Canadian Administration Agent in writing to contrary, nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' Acceptance so signed shall be binding on Canadian Revolver Borrower.
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Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' ’ Acceptances which are authorized and requested hereunder by the Canadian Revolver Working Capital Borrower may, at the option of Canadian Revolver Working Capital Borrower, be reproduced in facsimile and such Bankers' ’ Acceptances bearing such facsimile signatures shall be binding on Canadian Revolver Working Capital Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of Canadian Revolver Working Capital Borrower at the date of issuance of a Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall, unless prior to its use the Canadian Revolver Working Capital Borrower has notified the Canadian Administration Administrative Agent in writing to contrary, nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' ’ Acceptance so signed shall be binding on Canadian Revolver Working Capital Borrower.
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Execution of Bankers’ Acceptances. The signatures of any --------------------------------- authorized signatory on Bankers' Acceptances which are authorized and requested hereunder by the Canadian Revolver Borrower may, at the option of Canadian Revolver Borrower, be reproduced in facsimile and such Bankers' Acceptances bearing such facsimile signatures shall be binding on Canadian Revolver Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory may no longer be an authorized signatory of Canadian Revolver Borrower at the date of issuance of a Bankers' Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall, unless prior to its use the Canadian Revolver Borrower has notified the Canadian Administration Agent in writing to contrary, nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' Acceptance so signed shall be binding on Canadian Revolver Borrower.
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