ON ANY OTHER BUSINESS DAY, SUCH OTHER INFORMATION AS THE
ADMINISTRATIVE AGENT SHALL REASONABLY REQUEST AS TO THE LETTERS OF CREDIT ISSUED
BY SUCH ISSUING BANK.
SECTION 2.07. CANADIAN BANKERS' ACCEPTANCES. (A)
EACH ACCEPTANCE AND PURCHASE
OF BAS OF A SINGLE CONTRACT PERIOD PURSUANT TO SECTION 2.01 AND THIS SECTION
SHALL BE MADE RATABLY BY THE LENDERS IN ACCORDANCE WITH THE AMOUNTS OF THEIR
REVOLVING COMMITMENTS. THE FAILURE OF ANY LENDER TO ACCEPT ANY BA REQUIRED TO BE
ACCEPTED BY IT SHALL NOT RELIEVE ANY OTHER LENDER OF ITS OBLIGATIONS HEREUNDER;
PROVIDED THAT THE
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REVOLVING COMMITMENTS ARE SEVERAL AND NO LENDER SHALL BE RESPONSIBLE FOR ANY
OTHER LENDER'S FAILURE TO ACCEPT BAS AS REQUIRED.
(B)
THE BAS OF A SINGLE CONTRACT PERIOD ACCEPTED AND PURCHASED ON ANY DATE
SHALL BE IN AN AGGREGATE AMOUNT THAT IS AN INTEGRAL MULTIPLE OF THE BORROWING
MULTIPLE AND NOT LESS THAN THE BORROWING MINIMUM. IF ANY LENDER'S RATABLE SHARE
OF THE BAS OF ANY CONTRACT PERIOD TO BE ACCEPTED ON ANY DATE WOULD NOT BE AN
INTEGRAL MULTIPLE OF CDN.$100,000, THE FACE AMOUNT OF THE BAS ACCEPTED BY SUCH
LENDER MAY BE INCREASED OR REDUCED TO THE NEAREST INTEGRAL MULTIPLE OF
CDN.$100,000 BY THE ADMINISTRATIVE AGENT IN ITS SOLE DISCRETION. BAS OF MORE
THAN ONE CONTRACT PERIOD MAY BE OUTSTANDING AT THE SAME TIME; PROVIDED THAT
THERE SHALL NOT AT ANY TIME BE MORE THAN A TOTAL OF SIX BA DRAWINGS OUTSTANDING
AT ANY TIME.
(C)
TO REQUEST AN ACCEPTANCE AND PURCHASE OF BAS, THE CANADIAN BORROWER SHALL
NOTIFY THE ADMINISTRATIVE AGENT OF SUCH REQUEST BY TELEPHONE NOT LATER THAN
12:00 NOON., LOCAL TIME, TWO BUSINESS DAYS BEFORE THE DATE OF SUCH ACCEPTANCE
AND PURCHASE. EACH SUCH REQUEST SHALL BE IRREVOCABLE AND SHALL BE CONFIRMED
PROMPTLY BY HAND DELIVERY OR FACSIMILE TO THE ADMINISTRATIVE AGENT OF A WRITTEN
REQUEST IN A FORM APPROVED BY THE ADMINISTRATIVE AGENT AND SIGNED BY THE
CANADIAN BORROWER. EACH SUCH TELEPHONIC AND WRITTEN REQUEST SHALL SPECIFY THE
FOLLOWING INFORMATION:
(I) THE AGGREGATE FACE AMOUNT OF THE BAS TO BE ACCEPTED AND PURCHASED;
(II) THE DATE OF SUCH ACCEPTANCE AND PURCHASE, WHICH SHALL BE A BUSINESS DAY;
(III) THE CONTRACT PERIOD TO BE APPLICABLE THERETO, WHICH SHALL BE A PERIOD
CONTEMPLATED BY THE DEFINITION OF THE TERM "CONTRACT PERIOD" (AND WHICH SHALL IN
NO EVENT END AFTER THE REVOLVING MATURITY DATE); AND
(IV) THE LOCATION AND NUMBER OF THE CANADIAN BORROWER'S ACCOUNT TO WHICH THE
PROCEEDS OF SUCH BAS ARE TO BE DISBURSED.
Any request for an acceptance and purchase of BAs that shall fail to specify any
of the information required by the preceding provisions of this paragraph may be
rejected by the Administrative Agent if such failure is not corrected promptly
after the Administrative Agent shall give written or telephonic notice thereof
to the applicable Borrower and, if so rejected, will be of no force or effect.
Promptly following receipt of a request in accordance with this paragraph, the
Administrative Agent shall advise each Lender of