Common use of Canadian Benchmark Unavailability Period Clause in Contracts

Canadian Benchmark Unavailability Period. Upon the Borrowers’ receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers may revoke any pending request for a Borrowing of, conversion to or continuation of Loans, which are of the Type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers will be deemed to have converted any such request into a request for a Borrowing of or conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate Loans.

Canadian Benchmark Unavailability Period. Upon the Borrowers’ Borrower's receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers Borrower may revoke any pending request for a Borrowing an Advance of, conversion to or continuation of LoansAdvances, which are of the Type type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers Borrower will be deemed to have converted any such request into a request for a Borrowing an Advance of or conversion to, (iA) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX LoansAdvances, and (iiB) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate LoansAdvances.

Canadian Benchmark Unavailability Period. Upon the Borrowers’ Master Xxxxxxxx’s receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers applicable Borrower may revoke any pending request for a Borrowing ofLoan, conversion Conversion to or continuation Rollover of Loans, which are of the Type type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers applicable Borrower will be deemed to have converted any such request into a request for a Borrowing Loan of or conversion Conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate Loans.

Canadian Benchmark Unavailability Period. Upon the Borrowers’ Master Xxxxxxxx’s receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers applicableApplicable Borrower may revoke any pending request for a Borrowing ofLoan, conversion Conversion to or continuation Rollover of Loans, which are of the Type type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers applicableApplicable Borrower will be deemed to have converted any such request into a request for a Borrowing Loan of or conversion Conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate Loans.

Canadian Benchmark Unavailability Period. Upon the Borrowers’ receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers may revoke any pending request for a Borrowing an Advance of, conversion to or continuation rollover of LoansAdvances, which are of the Type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers will be deemed to have converted any such request into a request for a Borrowing an Advance of or conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate LoansAdvances.

Canadian Benchmark Unavailability Period. Upon the Borrowers’ Borrower's receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers Borrower may revoke any pending request for a Borrowing an Advance of, conversion to or continuation of Loans, which are of the Type type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers Borrower will be deemed to have converted any such request into a request for a Borrowing an Advance of or conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate Loans.. 5.7.6

Canadian Benchmark Unavailability Period. Upon the Borrowers’ Borrower’s receipt of notice of the commencement of a Canadian Benchmark Unavailability Period, the Borrowers Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Loans, which are of the Type that have a rate of interest determined by reference to the then-current Canadian Benchmark, to be made, converted or continued during any Canadian Benchmark Unavailability Period and, failing that, the Borrowers Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to, (i) for a Canadian Benchmark Unavailability Period in respect of Term XXXXX, Daily Compounded XXXXX Loans, and (ii) for a Canadian Benchmark Unavailability Period in respect of a Canadian Benchmark other than Term XXXXX, Canadian Prime Rate Loans.