Canadian Term A Commitments Clause Samples

Canadian Term A Commitments. On the terms and subject to the conditions contained in this Agreement, each Canadian Term A Lender severally agrees to make a loan (each a “Canadian Term A Loan”) in Canadian Dollars to the Canadian Borrower on the Closing Date, in an amount equal to such Canadian Term A Lender’s Canadian Term A Commitment. Amounts of Canadian Term A Loans repaid or prepaid may not be reborrowed.