Canadian Borrowings. Each Canadian Borrowing shall be made on notice, given not later than (x) 11:00 A.M. (New York City time) on the second Business Day prior to the date of the proposed Canadian Borrowing in the case of a Canadian Borrowing consisting of Eurocurrency Rate Advances denominated in US Dollars and (y) 9:30 A.M. (Toronto time) on the Business Day prior to the date of the proposed Canadian Borrowing in the case of a Canadian Borrowing consisting of Canadian Prime Rate Advances or Base Rate Advances, by any Canadian Borrower to the Administrative Agent, which shall give to each Canadian Lender prompt notice thereof by telecopier not later than 10:00 A.M. (Toronto Time) on such date. Each such notice of a Canadian Borrowing (a “Notice of Canadian Borrowing”) shall be by telephone, confirmed immediately in writing, or telecopier in substantially the form of Exhibit B-2 hereto, specifying therein the requested (A) date of such Canadian Borrowing, (B) Type of Canadian Advances comprising such Canadian Borrowing, (C) aggregate amount of such Canadian Borrowing, and (D) in the case of a Canadian Borrowing consisting of Eurocurrency Rate Advances, initial Interest Period for each such Canadian Advance. Each Canadian Lender shall, before 1:00 P.M. (Toronto time) on the date of such Canadian Borrowing make available for the account of its Applicable Lending Office to the Administrative Agent at the applicable Administrative Agent’s Account, in same day funds, such Lender’s ratable portion of such Canadian Borrowing. After the Administrative Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article III, the Administrative Agent will make such funds available to the applicable Canadian Borrower at the Administrative Agent’s address referred to in Section 10.1 or at the applicable Payment Office, as the case be.
Canadian Borrowings. All payments to be made by a Canadian Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by a Canadian Borrower hereunder shall be made to the Canadian Lender, at the Canadian Lending Office in Canadian Dollars and in Same Day Funds not later than 1:00 p.m. on the date specified herein. Without limiting the generality of the foregoing, the Canadian Lender may require that any payments due under this Agreement with respect to the Canadian Commitment be made in Canada. All payments received by the Canadian Lender after 1:00 p.m., shall in each case be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by a Canadian Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.
Canadian Borrowings. To request a Revolving Loan or a Canadian Swingline Loan on behalf of a Canadian Borrower, the Administrative Borrower shall notify Agent of such request by telephone (i) in the case of a Canadian Swingline Loan, not later than 11:00 a.m. on the same Business Day as the date of such proposed Loan, or (ii) in the case of a Base Rate Loan, a Canadian Base Rate Loan, a Canadian BA Rate Loan, or a Eurodollar Rate Loan, not later that 11:00 a.m., three (3) Business Days before the date of the proposed Base Rate Loan, Canadian Base Rate Loan, Canadian BA Rate Loan or Eurodollar Rate Loan, as applicable. Each such telephonic request shall be irrevocable and to the extent required by Agent, shall be confirmed promptly by hand delivery or facsimile to Agent of a Notice of Borrowing signed by the Administrative Borrower on behalf of the Canadian Borrowers. Agent shall give prompt notice of each such Notice of Borrowing to each of the Lenders.
Canadian Borrowings. All payments to be made by a Canadian Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff; provided, however, that the foregoing shall not override any contrary provision contained in any Swap Contract. Except as otherwise expressly provided herein, all payments by a Canadian Borrower hereunder shall be made to the Canadian Lender, at the Canadian Lender’s Office in Canadian Dollars and in Same Day Funds not later than 1:00 p.m. on the date specified herein. Without limiting the generality of the foregoing, the Canadian Lender may require that any payments due under this Agreement with respect to the Canadian Commitment be made in Canada. All payments received by the Canadian Lender after 1:00 p.m., shall in each case be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by a Canadian Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.
Canadian Borrowings. 26 2.2.1. Canadian Loans..................................................................................... 26 2.2.2 Procedure for Canadian Borrowings.................................................................. 26 2.2.3 Conversion and Continuation Elections for Canadian Borrowings...................................... 27 2.2.4 Optional Prepayments of Canadian Borrowings........................................................ 29 2.2.5 Repayment of Canadian Borrowings................................................................... 29 2.2.6 Participations in Canadian Loans................................................................... 29 2.2.7 Canadian Participation Obligations Unconditional................................................... 30 2.3 Voluntary Termination or Reduction of Commitments.................................................. 31 2.4 Interest........................................................................................... 31 2.5 Fees ............................................................................................ 32 (a)
Canadian Borrowings. Each Canadian Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Advances in Dollars to Kodak Canada from time to time on any Business Day during the period from the Effective Date until the Termination Date, in each case (A) in an amount for each such Canadian Advance not to exceed such Canadian Lender’s Canadian Unused Revolving Credit Commitment at such time and (B) in an aggregate amount for all such Canadian Advances not to exceed such Canadian Lender’s ratable portion (based on the aggregate amount of the Canadian Unused Revolving Credit Commitments at such time) of the Canadian Line Cap at such time. Each Canadian Borrowing shall be in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof (or such lesser amount as may be applied and reborrowed in accordance with Section 2.18) and shall consist of Advances of the same Type made on the same day by the Canadian Lenders ratably according to their respective Canadian Revolving Credit Commitments. Within the limits of each Canadian Lender’s Canadian Revolving Credit Commitment, Kodak Canada may borrow under this Section 2.01(a), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(a).
Canadian Borrowings. Subject to the terms and conditions of this Agreement, each Canadian Lender severally agrees to make loans (each a “Canadian Loan” and collectively the “Canadian Loans”) in Canadian Dollars to each Canadian Borrower, and to accept Canadian Banker’s Acceptances issued by each Canadian Borrower in accordance with the terms of Schedule 2.4, from time to time on any Business Day during the period from the Closing Date to the Commitment Termination Date in amounts equal to such Canadian Lender’s Canadian Percentage of the aggregate amount requested by such Canadian Borrower. Subject to the terms and conditions hereof, each Borrower may borrow under this Section 2.4, prepay under Section 2.6 and reborrow under this Section 2.4 from time to time.
Canadian Borrowings. (a) The Canadian Lender agrees, on the terms and conditions set forth herein, to make loans to the Canadian Borrower (each such loan, a "Canadian Loan") from time to time on any Business Day during the period from the initial Closing Date to the Revolving Commitment Termination Date, in an aggregate principal Dollar Equivalent amount at any one time outstanding not to exceed the Canadian Loans Sublimit for all Canadian Loans, notwithstanding the fact that the Canadian Lender's Canadian Loans, when aggregated with the other outstanding Revolving Loans of its primary Lender and the Australian Loans of the Australian Lender and (without duplication) the participation of its primary Lender in the Effective Amount of all L/C Obligations, may exceed its related primary Lender's Revolving Commitment; provided that at no time shall the Total Revolving Outstandings exceed the combined Revolving Commitments (less the Schaxx Reserved Amount). Subject to the other terms and conditions hereof, the Canadian Borrower may borrow under this Section 5.1, prepay pursuant to Section 5.4 and reborrow pursuant to this Section 5.1 from time to time.
