Common use of Types of Credit Availments Clause in Contracts

Types of Credit Availments. Subject to the terms and conditions hereof: (a) each Borrower may obtain credit under the RT Facility from the Lenders by way of one or more Loans, Bankers' Acceptances and Letters, provided, at no time, shall the aggregate amount of credit outstanding in respect of Letters exceed $300,000,000; and (b) ▇▇▇▇▇▇ ▇▇ may obtain credit under the NRT Facility from the Lenders by way of one or more Loans and Bankers' Acceptances. Any extension of credit hereunder by way of Base Rate Canada Loans or LIBOR (U.S.) Loans shall be in a minimum amount of U.S.$1,000,000, by way of Euribor Loans shall be in a minimum amount of €1,000,000, by way of Kronor Loans shall be in a minimum amount of 1,000,000 Swedish Kronor and by way of Prime Rate Loans, BA Rate Loans or Bankers' Acceptances shall be in a minimum amount of Cdn.$1,000,000.

Types of Credit Availments. Subject to the terms and conditions hereof: (a) each Borrower may obtain credit under the RT Facility from the Lenders by way of one or more Loans, Bankers' ’ Acceptances and Letters, provided, at no time, shall the aggregate amount of credit outstanding in respect of Letters exceed $300,000,000; and (b) ▇▇▇▇▇▇ ▇▇ may obtain credit under the NRT Facility from the Lenders by way of one or more Loans and Bankers' ’ Acceptances. Any extension of credit hereunder by way of Base Rate Canada Loans or LIBOR (U.S.) Loans shall be in a minimum amount of U.S.$1,000,000, by way of Euribor Loans shall be in a minimum amount of €1,000,000, by way of Kronor Loans shall be in a minimum amount of 1,000,000 Swedish Kronor and by way of Prime Rate Loans, BA Rate Loans or Bankers' ’ Acceptances shall be in a minimum amount of Cdn.$1,000,000.