Best Buy 2003 Annual Report Download - page 79
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6.2.2 interest on advances made under the Loans in Canadian Dollars, stamping fees with respect to
Canadian Dollar Bankers’ Acceptances and fees with respect to Canadian dollar bank guarantees or
Letters of Credit shall be payable in Canadian Dollars; and
6.2.3 interest on U.S. Dollar advances, stamping fees with respect to U.S. Dollars Bankers’
Acceptances and fees with respect to U.S. Dollar bank guarantees or Letters of Credit shall be payable in
U.S. Dollars;
6.3. Premises Visits − The Bank shall have the right to inspect the Borrower’s
business premises at all reasonable times, and in any event not less than quarterly; or
6.4. Credit Reporting − The Borrower consents to the obtaining from any credit
reporting agency or from any person all information that the Bank may require at any
time. The Bank agrees not to disclose any information (the “Non−Public Financial
Information”) concerning the Borrower to any credit grantor with whom the Borrower
has financial relations or to any credit reporting agency other than information,
including consolidated financial statements for the Borrower which is ordinarily
available to the Borrower’s shareholders. Notwithstanding the foregoing, if the Bank
by inadvertence or otherwise discloses the Non−Public Financial Information to any
such credit grantor or credit reporting agency, the Bank shall not be liable to the
Borrower in any way whatsoever.
6.5. Non−Merger and Conflict − None of the execution, delivery or, where applicable,
registration of the Loan Documents or the disbursement of funds under the Loans will
in any way merge or extinguish the terms and conditions of the Offer Letter, which
terms and conditions will continue in full force and effect. In the event of any
inconsistency or conflict between any provision contained in the Offer Letter and any
provision contained in any of the Loan Documents, the provisions of the Offer Letter
shall prevail, but the omission from the Offer Letter of any provision contained in any
of the Loan Documents shall not be considered to be an inconsistency or conflict for the
purposes hereof.
10
6.6. Assignment − The Borrower shall not be entitled to assign any of the
rights and benefits conferred by the Offer Letter. The Offer Letter and the
Loan Documents may be freely assigned by the Bank, in whole or in part,
without the consent of the Borrower.