Common use of Converting Canadian BAs to Canadian Prime Rate Loans Clause in Contracts

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4, requested a Canadian Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Revolving Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Revolving Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4, requested a Canadian Revolving Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Revolving Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Revolving Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian applicable Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.42.6, requested a Canadian Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Revolving Loan Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Revolving Loan Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4, requested a Canadian Revolving Loan Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Revolving Loan Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Revolving Loan Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Facility Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Facility Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the any Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4, requested a Canadian Facility Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Facility Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Facility Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the applicable Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage or Canadian Term Loan Percentage, as the case may be, of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4SECTION 3.4, requested a the Canadian Lender Lenders to convert all or a portion of outstanding maturing Canadian BAs into a particular type of Canadian Prime Rate Loan, such each Canadian Lender shall, upon the end of the current an Interest Period with respect to such Canadian BAs and the payment by such Canadian Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made make available to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Administrative Agent in accordance with Section 2.4SECTION 3.4, requested a the Canadian Lender Lenders to convert all or a portion of outstanding maturing Canadian BAs into a particular type of Canadian Prime Rate Revolving Loan, such each Canadian Lender shall, upon the end of the current an Interest Period with respect to such Canadian BAs and the payment by such Canadian Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made make available to the Canadian Borrower the Canadian Prime Rate Revolving Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.

Converting Canadian BAs to Canadian Prime Rate Loans. Each Canadian Lender shall, at the end of an Interest Period with respect to Canadian BAs which such Canadian Lender has accepted, pay to the holder thereof the face amount of such Canadian BA; provided . Provided that the Canadian Borrower has, by giving notice to the Canadian Revolving Administrative Agent in accordance with Section 2.4, requested a Canadian Lender to convert all or a portion of outstanding maturing Canadian BAs into a Canadian Prime Rate Loan, such Canadian Lender shall, upon the end of the current Interest Period with respect to such Canadian BAs and the payment by such Canadian Lender to the holders of such Canadian BAs of the aggregate face amount thereof, be deemed to have made to the Canadian Borrower the Canadian Prime Rate Loan into which the matured Canadian BAs or a portion thereof are converted in the aggregate principal amount equal to its Canadian Revolving Loan Percentage of the aggregate face amount of the matured Canadian BAs or the portion thereof which are being converted.