Canadian Dollar Loans Sample Clauses

Canadian Dollar Loans. Each payment by the Borrowers on account of the principal of or interest on the Canadian Dollar Loans shall be made in Canadian Dollars not later than 2:00 p.m. (Toronto, Ontario time) on the date specified for payment under this Agreement to the Administrative Agent’s account with the Canadian Dollar Lender for the account of the Canadian Dollar Lender (other than as set forth below) in immediately available funds, and shall be made without any set-off, counterclaim or deduction whatsoever. Any payment received after such time but before 3:00 p.m. (Toronto, Ontario time) on such day shall be deemed a payment on such date for the purposes of Section 12.1, but for all other purposes shall be deemed to have been made on the next succeeding Business Day. Any payment received after 3:00 p.m. (Toronto, Ontario time) shall be deemed to have been made on the next succeeding Business Day for all purposes.
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Canadian Dollar Loans. Each payment by the Borrowers on account of the principal of or interest on the Canadian Dollar Loans shall be made in Canadian Dollars not later than 2:00 p.m. on the date specified for payment under this Agreement to the Administrative Agent’s account with the Canadian Dollar Lender for the account of the Canadian Dollar Lender (other than as set forth below) in immediately available funds, and shall be made without any set-off, counterclaim or deduction whatsoever. Any payment received after such time but before 3:00 p.m. on such day shall be deemed a payment on such date for the purposes of Section 13.1, but for all other purposes shall be deemed to have been made on the next succeeding Business Day. Any payment received after 3:00 p.m. shall be deemed to have been made on the next succeeding Business Day for all purposes.
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Canadian Dollar Loans. (a) Each Canadian Dollar Lender, severally and not jointly, agrees upon the terms and subject to the conditions hereof, to make loans of Canadian Dollars (the "Canadian Dollar Loans") to LGEC on any Business Day and from time to time from the Closing Date to but excluding the Commitment Termination Date, each in a principal amount which when added to the aggregate principal amount of all Canadian Dollar Loans then outstanding to LGEC from such Lender, plus such Lender's Pro Rata Share of the then current Canadian L/C Exposure plus the unused portion of the Special Production Tranche for all Designated Pictures for which Canadian Dollar Loans have been made to LGEC which have not yet been Completed, does not exceed such Lender's Canadian Dollar Credit Commitment, plus the aggregate face amount of outstanding Bankers' Acceptances which have been accepted by such Lender does not exceed such Lender's Canadian Dollar Credit Commitment. (b) In addition to the Canadian Dollar Loans contemplated pursuant to Section 2.3(a) above, with regard to each Designated Picture, each Canadian Dollar Lender, severally and not jointly, agrees upon the terms and subject to the conditions hereof, to make Canadian Dollar Loans pursuant to the Special Production Tranche, to LGEC or to a Special Purpose Producer, on any Business Day from time to time from the Closing Date to but excluding the Commitment Termination Date or such earlier time as that Designated Picture is Completed, each in an aggregate principal amount which when added to the aggregate principal amount of all Canadian Dollar Loans then outstanding with regard to that Designated Picture under the Special Production Tranche, does not exceed such Lender's Pro Rata Share of the aggregate Canadian Dollar Credit Commitments then reserved as part of the Special Production Tranche for such Designated Picture. (c) Notwithstanding anything to the contrary above, a Canadian Dollar Lender shall not be obligated to make any Canadian Dollar Loan if, as a result thereof, either (i) the sum of the aggregate principal amount of all Canadian Dollar Loans then outstanding plus the then current BA Exposure plus the then current Canadian L/C Exposure, plus the unused portion of the Special Production Tranche for all Designated Pictures for which Canadian Dollar Loans have been made to LGEC would exceed the Total Canadian Dollar Credit Commitment then in effect or (ii) the sum of the aggregate principal amount of all U.S. Dollar Loans th...
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Canadian Dollar Loans. 44 SECTION 2.4 Bankers' Acceptances............................................................................. 46 SECTION 2.5 Notes; Repayment................................................................................. 50 SECTION 2.6 Letters of Credit................................................................................ 51 SECTION 2.7 Interest......................................................................................... 57 SECTION 2.8 Commitment Fee and Other Fees.................................................................... 57 SECTION 2.9 Termination and/or Reduction of the Revolving Credit Commitments................................ 58 SECTION 2.10 Default Interest; Alternate Rate of Interest..................................................... 59 SECTION 2.11 Continuation and Conversion of Loans and Bankers' Acceptances.................................... 60 SECTION 2.12 Prepayment of Loans and Bankers' Acceptances; Reimbursement of Lenders.......................... 63 SECTION 2.13 Change in Circumstances.......................................................................... 66 SECTION 2.14 Change in Legality............................................................................... 69 SECTION 2.15 United States Withholding........................................................................ 69 SECTION 2.16 Foreign Currency Conversion; Withholding......................................................... 71 SECTION 2.17 Interest Act (Canada)............................................................................ 73 SECTION 2.18 Interest Adjustments............................................................................. 73
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Canadian Dollar Loans. Each Revolving Canadian Loan, each creation of a Bankers' Acceptance, each payment or prepayment of principal in respect of any Revolving Canadian Loan, BA Outstandings or reimbursement obligations arising from drawings under Canadian Letters of Credit, each payment of interest on the Revolving Canadian Loans or on reimbursement obligations arising from drawings under Canadian Letters of Credit, each payment of the Acceptance Fee on Bankers' Acceptances, each payment of the Unused Revolving Canadian Commitment Fee, each payment of the Standby Canadian Letter of Credit Fee, each payment of the Trade Canadian Letter of Credit Fee, each reduction of the Revolving Canadian Committed Amount and each conversion or extension of any Revolving Canadian Loan, shall be allocated pro rata among the Canadian Lenders in accordance with the respective principal amounts of their outstanding Revolving Canadian Loans, BA Outstandings and Participation Interests in Revolving Canadian Loans, Canadian Letters of Credit and BA Outstandings.
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Canadian Dollar Loans. Notwithstanding the foregoing, only those Lenders set forth on Schedule 2.1 which have commitments to make Canadian Dollar Loans shall be required to make such Loans upon the request of the Parent (in accordance with Section 3.2) in the respective Percentages set forth opposite the names of such Lenders on such Schedule 2.1.
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Canadian Dollar Loans. 47 4.1 Canadian Dollar Commitments...................................... 47 4.2
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Related to Canadian Dollar Loans

  • Eurocurrency Loans The Loans constituting each Eurocurrency Borrowing shall bear interest at a rate per annum equal to the Adjusted LIBO Rate for the related Interest Period for such Borrowing plus the Applicable Margin.

  • ABR Loans The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

  • Prime Rate Loans During such periods as the Term Loan shall be comprised of Prime Rate Loans, each such Prime Rate Loan shall bear interest at a per annum rate equal to the Prime Rate; and

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

  • Base Rate Loans During such periods as Revolving Loans shall be comprised in whole or in part of Base Rate Loans, such Base Rate Loans shall bear interest at a per annum rate equal to the Adjusted Base Rate.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Revolving Loan Borrowings During the Revolving Commitment Period, subject to the terms and conditions hereof, each Revolving Credit Lender severally agrees to make Revolving Loans denominated in Dollars to the Borrowers (on a joint and several basis) in an aggregate amount not to exceed at any time outstanding the amount of such Xxxxxx’s Revolving Commitment; provided, that after giving effect to the making of any Revolving Loans, (i) in no event shall the aggregate amount of Revolving Exposure exceed the aggregate amount of Revolving Commitments then in effect and (ii) no Lender’s Revolving Exposure shall exceed such Xxxxxx’s Revolving Commitment. Subject to the terms and conditions hereof, amounts borrowed pursuant to this Section 2.01(c) may be repaid and reborrowed during the Revolving Commitment Period. Revolving Loans may be Base Rate Loans or SOFR Loans as further provided herein.

  • LIBOR Loans Subject to the provisions hereof and provided that the Borrower has, by giving notice to the Administrative Agent in accordance with Section 5.2, requested the Lenders to continue to extend credit by way of a LIBOR Loan to replace all or a portion of an outstanding LIBOR Loan as it matures, each Lender shall, on the maturity of such LIBOR Loan, continue to extend credit to the Borrower by way of a LIBOR Loan (without a further advance of funds to the Borrower) in the principal amount equal to such Lender’s Pro Rata Share of the principal amount of the matured LIBOR Loan or the portion thereof to be replaced.

  • Alternative Currencies (a) The Borrower may from time to time request that LIBO Rate Revolving Loans be made and/or Letters of Credit be issued in a currency other than Dollars; provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request with respect to the making of LIBO Rate Revolving Loans, such request shall be subject to the approval of the Revolving Lenders of the applicable Class that will provide such Loans, and in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the applicable Issuing Banks, in each case as set forth in Section 9.02(b)(ii)(E). (b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., ten Business Days prior to the requested date of the making of such Revolving Loan or issuance of such Letter of Credit (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, the applicable Issuing Banks, in its or their sole discretion). In the case of any such request pertaining to LIBO Rate Revolving Loans, the Administrative Agent shall promptly notify each Revolving Lender thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly notify the applicable Issuings Bank thereof. Each applicable Revolving Lender (in the case of any such request pertaining to LIBO Rate Revolving Loans) or each applicable Issuing Bank (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., five Business Days after receipt of such request whether it consents, in its sole discretion, to the making of LIBO Rate Revolving Loans or the issuance of Letters of Credit, as the case may be, in such requested currency. (c) Any failure by a Revolving Lender or Issuing Bank, as the case may be, to respond to such request within the time period specified in the preceding paragraph shall be deemed to be a refusal by such Revolving Lender or Issuing Bank, as the case may be, to permit LIBO Rate Revolving Loans to be made or Letters of Credit to be issued in such requested currency. If the Administrative Agent and all the applicable Revolving Lenders consent to making LIBO Rate Revolving Loans or issuance of Letters of Credit in such requested currency, the Administrative Agent shall so notify the Borrower and the Borrower and the Revolving Lenders shall amend this Agreement and the other Loan Documents as necessary to accommodate such Borrowings and/or Letters of Credit (as applicable), in accordance with Section 9.02(b)(ii)(E). If the Administrative Agent shall fail to obtain consent to any request for an additional currency under this Section 1.10, the Administrative Agent shall promptly so notify the Borrower.

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