Amendments to Canadian Credit Agreement. A. Section 1.1 of the Canadian Credit Agreement is hereby amended by inserting the following definitions to such Section:
Amendments to Canadian Credit Agreement. In reliance on the representations and warranties of the U.S. Borrower and the Canadian Borrower contained herein, and subject to the terms, and satisfaction of the conditions precedent, set forth in Section XI hereof, the Canadian Credit Agreement shall be amended effective as of the Effective Date in the manner provided in this Section II:
Amendments to Canadian Credit Agreement. A. Section 2.7(d)(ii) of the Canadian Credit Agreement hereby is amended by deleting the phrase “; provided, however, that at no time prior to the first scheduled redetermination of the Global Borrowing Base following the Global Effective Date shall the Allocated Canadian Borrowing Base exceed U.S.$150,000,000”.
B. Section 2.7(d)(iv) of the Canadian Credit Agreement hereby is amended (i) by revising the first sentence thereof to read as follows: “So long as no Default or Event of Default shall have occurred and be continuing, from time to time but in no event more than (i) four (4) times per Fiscal Year and (ii) once every thirty (30) days, upon at least five (5) Business Days prior written notice to the Global Administrative Agent, the Borrower may reallocate the Global Borrowing Base between the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base (a “Discretionary Borrowing Base Reallocation”).” , and (ii) by deleting from the last sentence thereof the reference to “ten (10) Business Days” and replacing such reference with “five (5) Business Days”.
Amendments to Canadian Credit Agreement. Schedule 2.1 to the Canadian Credit Agreement hereby is amended by replacing Schedule 2.1 to the Canadian Credit Agreement with Schedule 2.1—Canadian Credit Agreement to this Amendment.
Amendments to Canadian Credit Agreement. (i) The second sentence of the definition of “Combined Commitments” contained in Section 1.1 of the Canadian Credit Agreement is amended in its entirety to read as follows: “The initial amount of each Combined Lender’s Commitment is set forth on Schedule 2.1 to the applicable Combined Credit Agreement, or in a Assignment and Acceptance (as defined in this Agreement and the U.S. Credit Agreement) or in a Substitution Certificate (as defined in the Australian Credit Agreement) pursuant to which such Combined Lender shall have assumed its Combined Commitment, as applicable, or in an applicable Notice of Commitment Increase.”
(ii) The definition of “Commitment” contained in Section 1.1 of the Canadian Credit Agreement is amended in its entirety to read as follows:
Amendments to Canadian Credit Agreement. A. Section 2.7 of the Canadian Credit Agreement hereby is amended by inserting the following Subsection 2.7(h) after Subsection 2.7(g):
Amendments to Canadian Credit Agreement. A. The definition of “Guarantor” contained in Section 1.1 of the Canadian Credit Agreement is hereby amended in its entirety to read as follows:
Amendments to Canadian Credit Agreement. A. The definition of “Authorized Officer” contained in Section 1.1 of the Canadian Credit Agreement hereby is amended by deleting the reference to “with respect to the Borrower, its Chief Financial Officer” and replacing such reference with “with respect to the Borrower, its Vice President Finance”.
Amendments to Canadian Credit Agreement. In reliance on the representations and warranties of the U.S. Borrower and the Canadian Borrower contained herein, and subject to the terms, and satisfaction of the conditions precedent, set forth in Section IV hereof on or prior to the Subject Acquisition Closing Date, the Canadian Credit Agreement shall be amended effective as of the Subject Acquisition Closing Date in the manner provided in this Section II:
A. The definitions of “Applicable Margin,” “Canadian Newco,” “Collateral,” “Existing Convertible Note Indenture,” “Existing Subordinate Note Indenture,” “Guarantor,” “Guaranty,” “Loan Documents,” “Loan Parties,” “Material Adverse Effect,” “Material Subsidiary,” “Permitted Senior Notes Debt,” “Permitted Senior Notes Documents” and “Required Reserve Value” contained in Section 1.1 of the Canadian Credit Agreement shall be amended in their entirety to read as follows:
Amendments to Canadian Credit Agreement. A. The definition of "Unutilized Commitment" in Section 1.1 of the Canadian Credit Agreement hereby is amended in its entirety to read as follows: