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. 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. (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.
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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. 47 4.1 Canadian Dollar Commitments...................................... 47 4.2
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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.
Sample 1
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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, and 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.
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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.

  • Alternative Currency In the case of a Credit Extension to be denominated in an Alternative Currency, such currency remains an Eligible Currency.

  • Revolving Loan Borrowings (i) Each Borrowing of Revolving Loans shall be made on notice given by a Borrower to the Revolving and LC Administrative Agent not later than 11:00 a.m. (New York time) (A) on the Business Day of the proposed Borrowing, in the case of a Borrowing of Base Rate Loans and (B) three Business Days prior to the date of the proposed Borrowing, in the case of a Borrowing of Eurodollar Rate Loans. Each such notice shall be in substantially the form of Exhibit C-2 (a “Notice of Revolving Borrowing”) (or shall be made by telephone and the same information shall be confirmed promptly thereafter in writing), specifying (1) the date of such proposed Borrowing, (2) the aggregate amount of such proposed Borrowing, (3) whether any portion of the proposed Borrowing will be of Base Rate Loans or Eurodollar Rate Loans, (4) the initial Interest Period or Interest Periods for any such Eurodollar Rate Loans, and (5) remittance instructions. The Revolving Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Revolving Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans. Each Borrowing of Revolving Loans shall be in an aggregate amount that is an integral multiple of $1,000,000.00 (or $500,000.00 with respect to Swing Loans) and shall be allocated ratably in accordance with each Revolving Lender’s Revolving Commitment.

  • 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.

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