Common use of Canadian Prime Rate Advances Clause in Contracts

Canadian Prime Rate Advances. Each Canadian Prime Rate Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Prime Rate Advances to Xxxxx from time to time on any Business Day during the period from the Effective Date until the Termination Date in an amount (based on the Equivalent in Dollars determined on the date of delivery of the applicable Notice of Committed Borrowing) not to exceed such Lender’s Unused Canadian Prime Rate Commitment. Each Canadian Prime Rate Borrowing shall be in an aggregate amount of CN$5,000,000 or an integral multiple of CN$1,000,000 in excess thereof and shall consist of Canadian Prime Rate Advances made on the same day by the Canadian Prime Rate Lenders ratably according to their respective Canadian Prime Rate Commitments. Within the limits of each Lender’s Canadian Prime Rate Commitment, Xxxxx may borrow under this Section 2.01(b), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(b).

Canadian Prime Rate Advances. Each Canadian Prime Rate Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Prime Rate Advances in Canadian Dollars to Xxxxx Lafarge Canada from time to time on any Business Day during the period from the Effective Date until the Termination Date in an amount for each such Advance (based determined by reference to the Equivalent thereof in US Dollars on the Equivalent in Dollars determined on the date of delivery of the applicable Notice of Committed BorrowingBusiness Day such Advance is made) not to exceed such Lender’s Unused Canadian Prime Rate CommitmentCommitment at such time. Each Canadian Prime Rate Borrowing under this Section 2.01(b) shall be in an aggregate amount of CN$5,000,000 not less than CN$10,000,000 or an integral multiple of CN$1,000,000 in excess thereof and shall consist of Canadian Prime Rate Advances made on the same day by the Canadian Prime Rate Lenders ratably according to their respective Canadian Prime Rate Commitments. Within the limits of each Canadian Lender’s Unused Canadian Prime Rate CommitmentCommitment in effect from time to time, Xxxxx Lafarge Canada may borrow under this Section 2.01(b2.01(a), prepay pursuant to Section 2.10 2.12 and reborrow under this Section 2.01(b2.01(a).

Canadian Prime Rate Advances. Each Canadian Prime Rate Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Prime Rate Advances to Xxxxx any Canadian Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date applicable to such Lender in an amount (based on the Equivalent in Dollars determined on the date of delivery of the applicable Notice of Committed Borrowing) not to exceed such Lender’s 's Unused Canadian Prime Rate Commitment. Each Canadian Prime Rate Borrowing shall be in an aggregate amount of CN$5,000,000 or an integral multiple of CN$1,000,000 in excess thereof and shall consist of Canadian Prime Rate Advances made on the same day by the Canadian Prime Rate Lenders ratably according to their respective Canadian Prime Rate Commitments. Within the limits of each Lender’s 's Canadian Prime Rate Commitment, Xxxxx any Canadian Borrower may borrow under this Section 2.01(b), prepay pursuant to Section 2.10 2.11 and reborrow under this Section 2.01(b).

Canadian Prime Rate Advances. Each Canadian Prime Rate Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Prime Rate Advances to Xxxxx the Canadian Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date applicable to such Lender in an amount (based on the Equivalent in Dollars determined on the date of delivery of the applicable Notice of Committed Borrowing) not to exceed such Lender’s Unused Canadian Prime Rate Commitment. Each Canadian Prime Rate Borrowing shall be in an aggregate amount of CN$5,000,000 or an integral multiple of CN$1,000,000 in excess thereof and shall consist of Canadian Prime Rate Advances made on the same day by the Canadian Prime Rate Lenders ratably according to their respective Canadian Prime Rate Commitments. Within the limits of each Lender’s Canadian Prime Rate Commitment, Xxxxx the Canadian Borrower may borrow under this Section 2.01(b), prepay pursuant to Section 2.10 2.11 and reborrow under this Section 2.01(b).