Common use of Canadian Administrative Agent Clause in Contracts

Canadian Administrative Agent. (a) Each of the Lenders hereby agrees and confirms that the provisions of this Section 12 shall apply to JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian Administrative Agent with respect to the Canadian Revolving Credit Loans upon the same terms and subject to the same conditions as provided in this Section 12 mutatis mutandis; provided, that any successor Canadian Administrative Agent shall be a Canadian Resident with an office in Toronto, Canada or Montreal, Canada having a combined capital and surplus of at least $500,000,000 or an Affiliate of any such bank which is also a bank.

Appears in 3 contracts

Samples: Assignment and Acceptance (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)

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Canadian Administrative Agent. (a) Each of the Lenders hereby agrees and confirms that the provisions of this Section 12 shall apply to JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian Administrative Agent with respect to the Canadian Revolving Credit Loans upon the same terms and subject to the same conditions as provided in this Section 12 mutatis mutandis; provided, that any successor Canadian Administrative Agent shall be a Canadian Resident with an office in Toronto, Canada or Montreal, Canada having a combined capital and surplus of at least $500,000,000 or an Affiliate of any such bank which is also a bank.

Appears in 3 contracts

Samples: Credit Agreement (Sealy Mattress CORP), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Mattress CORP)

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Canadian Administrative Agent. (a) Each of the Lenders hereby agrees and confirms that the provisions of this Section 12 Article IX shall apply to JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian Administrative Agent with respect to the Canadian CDN Revolving Credit Loans and the CDN Term Loans, upon the same terms and subject to the same conditions as provided in this Section 12 Article IX, mutatis mutandis; provided, that any successor Canadian Administrative Agent shall be a Canadian Resident bank with an office in Toronto, Canada or Montreal, Canada having a combined capital and surplus of at least $500,000,000 or an Affiliate of any such bank which is also a bank.

Appears in 1 contract

Samples: Credit Agreement (Cogent Management Inc)

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