Common use of Canadian Advances Clause in Contracts

Canadian Advances. (i) Each Canadian Lender agrees, for itself only, subject to the terms and conditions of this Agreement, to make Canadian Advances to the Borrowing Subsidiaries pursuant to Section 2.4, from time to time from and including the Effective Date to be excluding the Termination Date, not to exceed an aggregate principal amount at any time outstanding to the Borrowing Subsidiaries the respective amounts determined pursuant to Section 2.1(d). (ii) If on any date a Canadian Advance is to be made to a Borrowing Subsidiary (A) such Canadian Advance may not be made because the aggregate Commitments of the Canadian Lenders would be exceeded and (B) the amount by which such Commitments of the Canadian Lenders would be exceeded is less than or equal to the aggregate unused Commitments of Lenders that are not Canadian Lenders, each Lender that is not a Canadian Lender shall make a U.S. Advance to the Company on such date, if the conditions for such an Advance are satisfied, and the proceeds of such U.S. Advance shall be simultaneously applied to repay the outstanding U.S. Advances of the Canadian Lenders, in each case in amounts such that, after giving effect to such Borrowing and repayments and the Borrowing from the Canadian Lenders of the requested Canadian Advance, the provisions of Section 2.1(d) will not be violated. If any Borrowing of U.S. Advances is required pursuant to this Section 2.1(b)(ii), the Company shall notify the Agent in the manner provided for U.S. Advances in Section 2.4 and the Agent will notify each Lender of the amount to be advanced by such Lender.

Canadian Advances. (iA) Each Canadian Lender agrees, for itself itsel only, subject to the terms and conditions of this Agreement, to make Canadian Advances to the Company or the Canadian Borrowing Subsidiaries pursuant to Section 2.4, from time to time from and including the Effective Date to be but excluding the Revolving Credit Termination Date, denominated in CAD not to exceed an aggregate principal amount at any time outstanding to the Company and the Canadian Borrowing Subsidiaries the respective amounts determined pursuant to Section 2.1(d2.1(e). (iiB) If on any date a Canadian Advance is to be made to the Company or a Canadian Borrowing Subsidiary (Ax) such Canadian Advance may not be made because the aggregate Revolving Credit Commitments of the Canadian Lenders would be exceeded and (By) the amount by which such Revolving Credit Commitments of the Canadian Lenders would be exceeded is less than or equal to the aggregate unused Revolving Credit Commitments of Lenders that are not Canadian Lenders, each Lender that is not a Canadian Lender shall make a U.S. Advance to the Company on such date, if the conditions for such an Advance are satisfied, and the proceeds of such U.S. Advance shall be simultaneously applied to repay the outstanding U.S. Advances of the Canadian Lenders, in each case in amounts such that, after giving effect to such Borrowing and repayments and the Borrowing from the Canadian Lenders of the requested Canadian Advance, the provisions of Section 2.1(d2.1(e) will not be violated. If any Borrowing of U.S. Advances is required pursuant to this Section 2.1(b)(ii2.1(a)(ii)(B), the Company shall notify the Agent in the manner provided for U.S. Advances in Section 2.4 and the Agent will notify each Lender of the amount to be advanced by such Lender.

Canadian Advances. (iA) Each Canadian Lender agrees, for itself only, subject to the terms and conditions of this Agreement, to make Canadian Advances to the Company or the Canadian Borrowing Subsidiaries pursuant to Section 2.4, from time to time from and including the Effective Date to be but excluding the Revolving Credit Termination Date, denominated in CAD not to exceed an aggregate principal amount at any time outstanding to the Company and the Canadian Borrowing Subsidiaries the respective amounts determined pursuant to Section 2.1(d2.1(e). (iiB) If on any date a Canadian Advance is to be made to the Company or a Canadian Borrowing Subsidiary (Ax) such Canadian Advance may not be made because the aggregate Revolving Credit Commitments of the Canadian Lenders would be exceeded and (By) the amount by which such Revolving Credit Commitments of the Canadian Lenders would be exceeded is less than or equal to the aggregate unused Revolving Credit Commitments of Lenders that are not Canadian Lenders, each Lender that is not a Canadian Lender shall make a U.S. Advance to the Company on such date, if the conditions for such an Advance are satisfied, and the proceeds of such U.S. Advance shall be simultaneously applied to repay the outstanding U.S. Advances of the Canadian Lenders, in each case in amounts such that, after giving effect to such Borrowing and repayments and the Borrowing from the Canadian Lenders of the requested Canadian Advance, the provisions of Section 2.1(d2.1(e) will not be violated. If any Borrowing of U.S. Advances is required pursuant to this Section 2.1(b)(ii2.1(a)(ii)(B), the Company shall notify the Agent in the manner provided for U.S. Advances in Section 2.4 and the Agent will notify each Lender of the amount to be advanced by such Lender.