This excerpt taken from the DRAX 20-F filed Mar 31, 2005.
To: National Bank of Canada
Attention: Larry Yamamoto
This Rollover Notice is being delivered pursuant to the amended and restated loan agreement made as of June 10, 2004 (the Loan Agreement) between Draxis Health Inc. and National Bank of Canada, as the same may be further amended, restated or modified from time to time. Capitalized terms used herein but not defined shall have the meanings ascribed to such terms in the Loan Agreement.
We hereby request the following:
check the applicable box
o Rollover in respect of the Libor Advance currently outstanding in the amount of U.S.$ and with an Interest Period ending on , . The next Interest Period for such Libor Advance, commencing on such date is to be months.
o Acceptance of Bankers Acceptances in the aggregate Face Amount of Cdn.$ having a term of days.
The representations and warranties set forth in Section 7.1 of the Loan Agreement are, mutatis mutandis, true and correct in all material respects on and as of the date hereof, both before and after giving effect to the Rollover, by reference to the facts and circumstances now existing.
No Default or Event of Default has occurred, is continuing, nor shall any such event occur as a result of making the requested Rollover.
DATED , 20 .