Base Rate Loans and Libor Loans. Upon receipt of a Drawdown Notice, Rollover Notice or Conversion Notice with respect to a Canadian Prime Rate Loan, U.S. Base Rate Loan or Libor Loan, the Agent shall forthwith notify the relevant Lenders of the requested type of Loan, the proposed Drawdown Date, Rollover Date or Conversion Date, each Lender’s Rateable Portion of such Loan and, if applicable, the account of the Agent to which each Lender’s Rateable Portion is to be credited.
Base Rate Loans and Libor Loans. All interest and fees under each Financing Document shall be calculated on the basis of a 360-day year for the actual number of days elapsed. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last day of each month and on the maturity of such Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such Loans, whether by acceleration or otherwise.
Base Rate Loans and Libor Loans. Each Lender shall, for same day value on the Drawdown Date specified by the Borrower in a Drawdown Notice with respect to a Canadian Prime Rate Loan, a U.S. Base Rate Loan or a Libor Loan, credit the Agent’s account specified in the Agent’s notice given under Section 2.11 with such Lender’s Rateable Portion of each such requested Loan and for same day value on the same date the Agent shall pay to the Borrower the full amount of the amounts so credited in accordance with any payment instructions set forth in the applicable Drawdown Notice.
Base Rate Loans and Libor Loans. In addition, the Borrower may make Drawdowns and Rollovers under the Syndicated Facility and the Operating Facility of Letters of Credit denominated in Canadian Dollars or United States Dollars; provided that, the Outstanding Principal of Letters of Credit outstanding under the Syndicated Facility shall not exceed [Amount redacted]. The Borrower shall have the option, subject to the terms and conditions hereof, to determine which types of Loans shall be drawn down and in which combinations or proportions.
Base Rate Loans and Libor Loans. Each Revolving Lender will, for same day value on the Drawdown Date specified by the Borrower in a Drawdown Notice with respect to a Canadian Prime Rate Loan, U.S. Base Rate Loan and LIBOR Loan under the Revolving Facility, credit the Administrative Agent's account specified in the Administrative Agent's notice given under Section 2.8 with such Lender's Proportion of each such requested Loan and for same day value on the same date the Administrative Agent will pay to the Borrower the full amount of the amounts so credited in accordance with any payment instructions set forth in the applicable Drawdown Notice.
Base Rate Loans and Libor Loans. Upon receipt of a Drawdown Notice, Rollover Notice or Conversion Notice with respect to a U.S. Base Rate Loan or Libor Loan, the Agent shall forthwith notify the Lenders of the requested type of Loan, the proposed Drawdown Date, Rollover Date or Conversion Date, each Lender’s Rateable Portion of such Loan and, if applicable, the account of the Agent to which each Lender’s Rateable Portion is to be credited.
Base Rate Loans and Libor Loans. In addition, the Canadian Borrower may make Drawdowns and Rollovers under the Revolving Facilities of Letters of Credit denominated in Canadian Dollars or United States Dollars; provided that, the Outstanding 31150487.8 Principal of Letters of Credit outstanding under the Revolving Syndicated Facility shall not exceed Cdn.$100,000,000 at any time. The Canadian Borrower shall have the option, subject to the terms and conditions hereof, to determine which types of Loans shall be drawn down and in which combinations or proportions.
Base Rate Loans and Libor Loans. The Borrower shall have the option, subject to the terms and conditions hereof, to determine which types of Loans shall be drawn down and in which combinations or proportions.
Base Rate Loans and Libor Loans. In addition, the Borrower may make Drawdowns and Rollovers under the Syndicated Facility and the Operating Facility of Letters of Credit denominated in Canadian Dollars or United States Dollars; provided that (a) the Outstanding Principal of Letters of Credit outstanding under the Operating Facility shall not exceed [Redacted] and (b) the Outstanding Principal of Letters of Credit outstanding under the Syndicated Facility shall not exceed [Redacted]. The Borrower shall have the option, subject to the terms and conditions hereof, to determine which types of Loans shall be drawn down and in which combinations or proportions.
Base Rate Loans and Libor Loans. In addition, the Borrower may make Drawdowns and Rollovers under the Operating Facility of Letters of Credit denominated in Canadian Dollars and United States Dollars; provided that the Outstanding Principal of Letters of Credit outstanding under the Operating Facility shall not exceed (i) prior to the EDC Amendment and provided that the EDC Guarantee remains in full force and effect, Cdn.$16,000,000 (or the Equivalent Amount thereof in United States Dollars),
