Common use of Canadian Revolver Loans Clause in Contracts

Canadian Revolver Loans. Each Canadian Lender agrees, severally on a Pro Rata basis up to its Canadian Revolver Commitment, on the terms set forth herein, to make Canadian Revolver Loans to Canadian Borrower from time to time through the Canadian Commitment Termination Date. The Canadian Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Canadian Lenders have any obligation to honor a request for a Canadian Revolver Loan if Canadian Revolver Usage at such time plus the requested Canadian Revolver Loan would exceed the Canadian Borrowing Base.

Canadian Revolver Loans. Each Canadian Lender agrees, severally on a Pro Rata basis up to the Canadian Dollar Equivalent of its Canadian Revolver Commitment, on the terms set forth herein, to make Canadian Revolver Loans in Canadian Dollars to Canadian Borrower from time to time through the Canadian Revolver Commitment Termination Date. The Canadian Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Canadian Lenders have any obligation to honor a request for a Canadian Revolver Loan if the unpaid balance of Canadian Revolver Usage Loans outstanding at such time plus (including the requested Canadian Revolver Loan Loan) would exceed the Canadian Borrowing Base. Each Canadian Revolver Loan shall be funded and repaid in Canadian Dollars.

Canadian Revolver Loans. Each Canadian Lender agrees, severally on a Pro Rata basis up to its Canadian Revolver Commitment, on the terms set forth herein, to make Canadian Revolver Loans to Canadian Borrower Borrowers from time to time through the Canadian Commitment Termination Date. The Canadian Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Canadian Lenders have any obligation to honor a request for a Canadian Revolver Loan if Canadian Revolver Usage at such time plus the requested Canadian Revolver Loan would exceed the Canadian Borrowing Base or if the Revolver Usage at such time plus the requested Revolver Loan would exceed the Borrowing Base.