Common use of Availability of Canadian Loans Clause in Contracts

Availability of Canadian Loans. (a) During the Interim Period, US$15,000,000 (or the Canadian Dollar Equivalent thereof) of the Canadian Revolving Commitment (the “Interim Canadian Revolving Commitment”) shall be available to the Canadian Borrower and the U.S. Borrower (subject to compliance with the Canadian Borrowing Base and the terms, conditions and covenants described in this Agreement).

Appears in 4 contracts

Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)

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