Common use of Canadian Revolving Loans Clause in Contracts

Canadian Revolving Loans. Subject to the terms and conditions set forth herein, each Canadian Revolving Lender agrees to make Canadian Revolving Loans in Canadian Dollars to the Canadian Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Canadian Lender's Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Lender's Canadian Revolving Subfacility Commitment or (ii) the total Canadian Revolving Subfacility Credit Exposures exceeding the lesser of (x) the sum of the total Canadian Revolving Subfacility Commitments of the Canadian Revolving Lenders or (y) the Canadian Borrowing Base, subject to the Administrative Agent's authority, in its sole discretion, to make Protective Advances pursuant to the terms of Section 2.05. Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrower may borrow, prepay and reborrow Canadian Revolving Loans.

Canadian Revolving Loans. Subject to the terms and conditions set forth herein, each Canadian Revolving Lender severally agrees to make loans (each such loan, a “Canadian Revolving Loans Loan”) in Dollars or Canadian Dollars to the any Canadian Borrower from time to time on any Business Day during the Canadian Availability Period Period, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Canadian Lender’s Canadian Commitment; provided, that, after giving effect to any Canadian Revolving Borrowing, (i) such the Total Canadian Lender's Outstandings shall not exceed the Aggregate Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Lender's Canadian Revolving Subfacility Commitment or Commitments, and (ii) the total Canadian Revolving Subfacility Credit Exposures exceeding the lesser Exposure of (x) the sum of the total any Canadian Revolving Subfacility Commitments of the Lender shall not exceed such Canadian Revolving Lenders or (y) the Lender’s Canadian Borrowing Base, subject to the Administrative Agent's authority, in its sole discretion, to make Protective Advances pursuant to the terms of Section 2.05Commitment. Within the foregoing limits of each Canadian Lender’s Canadian Commitment, and subject to the other terms and conditions set forth hereinhereof, the each Canadian Borrower may borrowborrow Canadian Revolving Loans under this Section 2.01(b), prepay Canadian Revolving Loans under Section 2.05(a), and reborrow Canadian Revolving Loans under this Section 2.01(b). Canadian Revolving Loans may be Canadian Base Rate Loans, Term SOFR Loans, or Canadian Prime Rate Loans, or Term XXXXX Loans, as further provided herein.

Canadian Revolving Loans. Subject to the terms and conditions set forth herein, each Canadian Revolving Lender severally agrees to make loans (each such loan, a “Canadian Revolving Loans Loan”) in Dollars or Canadian Dollars to the any Canadian Borrower from time to time on any Business Day during the Canadian Availability Period Period, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Canadian Lender’s Canadian Commitment; provided, that, after giving effect to any Canadian Revolving Borrowing, (i) such the Total Canadian Lender's Outstandings shall not exceed the Aggregate Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Lender's Canadian Revolving Subfacility Commitment or Commitments, and (ii) the total Canadian Revolving Subfacility Credit Exposures exceeding the lesser Exposure of (x) the sum of the total any Canadian Revolving Subfacility Commitments of the Lender shall not exceed such Canadian Revolving Lenders or (y) the Lender’s Canadian Borrowing Base, subject to the Administrative Agent's authority, in its sole discretion, to make Protective Advances pursuant to the terms of Section 2.05Commitment. Within the foregoing limits of each Canadian Lender’s Canadian Commitment, and subject to the other terms and conditions set forth hereinhereof, the each Canadian Borrower may borrowborrow Canadian Revolving Loans under this Section 2.01(b), prepay Canadian Revolving Loans under Section 2.05(a), and reborrow Canadian Revolving Loans under this Section 2.01(b). Canadian Revolving Loans may be Canadian Base Rate Loans, Eurodollar Rate Loans, or Canadian Prime Rate Loans, as further provided herein.

Canadian Revolving Loans. Subject to the terms and conditions set forth herein, each Canadian Revolving Lender agrees agrees, severally and not jointly, to make Canadian Revolving Loans in Canadian Dollars to the Canadian Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Canadian Revolving Lender's ’s Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Revolving Lender's ’s Canadian Revolving Subfacility Commitment at such time or (ii) the total Canadian Revolving Subfacility Credit Exposures exceeding the lesser of (x) the sum of the total Canadian Revolving Subfacility Commitments of the Canadian Revolving Lenders or and (y) the Canadian Borrowing Base, Base (subject to the Administrative Agent's ’s authority, in its sole discretion, to make Canadian Protective Advances and Canadian Overadvances pursuant to the terms of Section 2.052.04) at such time. Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrower may borrow, prepay repay and reborrow Canadian Revolving Loans. Each Canadian Revolving Loan shall be funded and repaid in Canadian Dollars.

Canadian Revolving Loans. Subject to the terms and conditions set forth herein, each Canadian Revolving Lender severally agrees to make loans (each such loan, a “Canadian Revolving Loans Loan”) in Dollars or Canadian Dollars to the any Canadian Borrower from time to time on any Business Day during the Canadian Availability Period Period, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Canadian Lender’s Canadian Commitment; provided, that, after giving effect to any Canadian Revolving Borrowing, (i) such the Total Canadian Lender's Outstandings shall not exceed the Aggregate Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Lender's Canadian Revolving Subfacility Commitment or Commitments, and (ii) the total Canadian Revolving Subfacility Credit Exposures exceeding the lesser Exposure of (x) the sum of the total any Canadian Revolving Subfacility Commitments of the Lender shall not exceed such Canadian Revolving Lenders or (y) the Lender’s Canadian Borrowing Base, subject to the Administrative Agent's authority, in its sole discretion, to make Protective Advances pursuant to the terms of Section 2.05Commitment. Within the foregoing limits of each Canadian Lender’s Canadian Commitment, and subject to the other terms and conditions set forth hereinhereof, the each Canadian Borrower may borrowborrow Canadian Revolving Loans under this Section 2.01(b), prepay Canadian Revolving Loans under Section 2.05(a), and reborrow Canadian Revolving Loans under this Section 2.01(b). Canadian Revolving Loans may be Canadian Base Rate Loans, Eurodollar RateTerm SOFR Loans, or Canadian Prime Rate Loans, as further provided herein.