Common use of Canadian Base Rate Advances Clause in Contracts

Canadian Base Rate Advances. Each Canadian Base Rate Advance shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin for Canadian Base Rate Advances for such period, provided that while an Event of Default is continuing the Canadian Base Rate Advances shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin plus 2%. The Canadian Borrower shall pay to Canadian Administrative Agent for the ratable benefit of each Canadian Lender all accrued but unpaid interest on such Canadian Lender’s Canadian Base Rate Advances on each March 31, June 30, September 30, and December 31 commencing on September 30, 2005, and on the Revolving Maturity Date.

Canadian Base Rate Advances. Each Canadian Base Rate Advance shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin for Canadian Base Rate Advances for such period, provided that while an Event of Default is continuing the Canadian Base Rate Advances shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin plus 2%. The Canadian Borrower shall pay to Canadian Administrative Agent for the ratable benefit of each Canadian Lender all accrued but unpaid interest on such Canadian Lender’s Canadian Base Rate Advances on each March 31, June 30, September 30, and December 31 commencing on September 30December 31, 20052006, and on the Revolving Maturity Date.

Canadian Base Rate Advances. Each Canadian Base Rate Advance shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin for Canadian Base Rate Advances for such period, provided that while an Event of Default is continuing the Canadian Base Rate Advances shall bear interest at the applicable Canadian Base Rate in effect from time to time plus the Applicable Margin plus 2%. The Canadian Borrower shall pay to Canadian Administrative Agent for the ratable benefit of each Canadian Lender all accrued but unpaid interest on such Canadian Lender’s Canadian Base Rate Advances on each March 31, June 30, September 30, and December 31 commencing on September 30, 2005the first such date to occur after the Canadian Facility Effective Date, and on the Revolving Maturity Date.