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, severally and not jointly, to make Canadian Revolving Loans 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 Canadian Revolving Exposure exceeding such Canadian Revolving Lender’s Canadian Commitment at such time or (ii) the total Canadian Revolving Exposures exceeding the lesser of (x) the sum of the total Canadian Commitments and (y) the Canadian Borrowing Base (subject to the Agent’s authority, in its sole discretion, to make Canadian Protective Advances and Canadian Overadvances pursuant to the terms of Section 2.04) at such time. Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrower may borrow, 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 agrees, severally and not jointly, 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 Revolving Lender’s Outstandings shall not exceed the Aggregate Canadian Revolving Exposure exceeding such Canadian Revolving Lender’s Canadian Commitment at such time or Commitments, and (ii) the total Canadian Revolving Exposures exceeding the lesser Credit Exposure of (x) the sum of the total any Canadian Commitments and (y) the Lender shall not exceed such Canadian Borrowing Base (subject to the AgentLender’s authority, in its sole discretion, to make Canadian Protective Advances and Canadian Overadvances pursuant to the terms of Section 2.04) at such timeCommitment. 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), repay prepay Canadian Revolving Loans under Section 2.05(a), and reborrow Canadian Revolving LoansLoans under this Section 2.01(b). Each Canadian Revolving Loan shall Loans may be funded and repaid in Canadian DollarsBase 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, severally and not jointly, 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 Revolving Lender’s 's Canadian Revolving Subfacility Credit Exposure exceeding such Canadian Lender's Canadian Revolving Lender’s Canadian 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 and of the Canadian Revolving Lenders or (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 2.04) at such time2.05. Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrower may borrow, repay prepay 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 agrees, severally and not jointly, 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 Revolving Lender’s Outstandings shall not exceed the Aggregate Canadian Revolving Exposure exceeding such Canadian Revolving Lender’s Canadian Commitment at such time or Commitments, and (ii) the total Canadian Revolving Exposures exceeding the lesser Credit Exposure of (x) the sum of the total any Canadian Commitments and (y) the Lender shall not exceed such Canadian Borrowing Base (subject to the AgentLender’s authority, in its sole discretion, to make Canadian Protective Advances and Canadian Overadvances pursuant to the terms of Section 2.04) at such timeCommitment. 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), repay prepay Canadian Revolving Loans under Section 2.05(a), and reborrow Canadian Revolving LoansLoans under this Section 2.01(b). Each Canadian Revolving Loan shall Loans may be funded and repaid in Canadian DollarsBase Rate Loans, Eurodollar RateTerm SOFR Loans, or Canadian Prime Rate Loans, as further provided herein.