Aggregate Canadian Revolving Commitments definition
Examples of Aggregate Canadian Revolving Commitments in a sentence
Upon any reduction of the Aggregate Canadian Revolving Commitments, the Canadian Revolving Commitment of each Canadian Revolving Lender shall be reduced by such Lender’s Applicable Percentage of such reduction amount.
The applicable Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit, the Aggregate Domestic Revolving Commitments, the Aggregate Canadian Revolving Commitments or the Aggregate Designated Borrower Revolving Commitments under this Section 2.06.
All fees accrued until the effective date of any termination of the Aggregate Canadian Revolving Commitments shall be paid on the effective date of such termination.
The Canadian Administrative Agent will promptly notify the applicable Lenders of any such notice of termination or reduction of the Aggregate Canadian Revolving Commitments.
Any reduction of the Aggregate Canadian Revolving Commitments shall be applied to the Canadian Revolving Commitment of each Canadian Revolving Lender according to its Applicable Percentage.
The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit, the Aggregate Domestic Revolving Commitments, the Aggregate Canadian Revolving Commitments or the Aggregate Designated Borrower Revolving Commitments under this Section 2.06.
The applicable Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit, the Aggregate Domestic Revolving Commitments, the Aggregate Multi Currency Revolving Commitments, the Aggregate Canadian Revolving Commitments or the Aggregate Designated Borrower Revolving Commitments under this Section 2.06.
The Canadian Borrower may, at any time and from time to time, upon prior written notice by the Canadian Borrower to the Canadian Administrative Agent increase the Aggregate Canadian Revolving Commitments with additional Canadian Revolving Commitments from any existing Canadian Revolving Lender or new Canadian Revolving Commitments from any other Person selected by the Canadian Borrower and reasonably acceptable to the Canadian Administrative Agent; provided that: CREDIT AGREEMENT PRA GROUP, INC.
The applicable Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit, the Aggregate Domestic Revolving A Commitments, the Aggregate Canadian Revolving Commitments or the Aggregate Designated Borrower Revolving Commitments under this Section 2.06.
The Canadian Borrower shall pay to the Canadian Administrative Agent for the account of each Canadian Lender in accordance with its Applicable Percentage, a commitment fee (the “Canadian Commitment Fee”) equal to the product of (i) the Applicable Rate times (ii) the actual daily amount by which the Aggregate Canadian Revolving Commitments exceed the sum of (y) the Outstanding Amount of Canadian Revolving Loans and (z) the Outstanding Amount of Canadian L/C Obligations.