BOA Canada definition

BOA Canada means Bank of America, N.A., acting through its Canada branch, and its successors.
BOA Canada means Bank of America Canada, a Canadian chartered bank. Borrowing: either (a) a borrowing of Base Rate Loans, Swing Line Loans or Canadian Base Rate Loans or (b) in the case of Eurodollar Loans or Canadian COF Rate Loans, a group of Loans of a single Type made by the U.S. Dollar Lenders or the Canadian Dollar Lenders, as the case may be, on a single date and as to which a single Interest Period is in effect.
BOA Canada means such successor Canadian agent, and the retiring Administrative Agent’s and BOA Canada’s appointment, powers and duties as Administrative Agent and BOA Canada respectively shall be terminated. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent and any retiring BOA Canada’s resignation hereunder as BOA Canada, the provisions of this Article IX and Sections 10.4 and 10.5 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent and BOA Canada under this Agreement. If no successor administrative agent and Canadian agent have accepted appointment as Administrative Agent and BOA Canada by the date which is 30 days following a retiring Administrative Agent’s and BOA Canada’s notice of resignation, the retiring Administrative Agent’s and BOA Canada’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of the Administrative Agent and BOA Canada hereunder until such time, if any, as the Majority Lenders appoint a successor administrative agent and Canadian agent as provided for above. BOA may be removed as Administrative Agent and BOA Canada at the request of all Lenders; notwithstanding the foregoing, 107 however, BOA may not be removed as the Administrative Agent and as BOA Canada unless BOA or any Affiliate thereof acting as an Issuer and Canadian Issuer hereunder shall also simultaneously be replaced as the Issuer, the Canadian Issuer and the provider of Swing Line Loans pursuant to documentation in form and substance reasonably satisfactory to BOA (and if applicable, such Affiliate).

Examples of BOA Canada in a sentence

  • If BOA Canada resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or Canadian Prime Rate Loans, as applicable, or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

  • In the event of any such resignation as L/C Issuer or Swing Line Lender, the Borrower shall be entitled to appoint from among the Multicurrency Revolving Lenders a successor L/C Issuer or Swing Line Lender hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America, BOA Canada and any other L/C Issuer as L/C Issuer or Swing Line Lender, as the case may be.

  • If and to the extent any Canadian Lender shall not have made its full amount available to BOA Canada in immediately available funds and BOA Canada in such circumstances has made available to the Canadian Company such amount, then such Canadian Lender shall on or before 10:00 a.m. (Toronto time) the next Business Day following the date of such Borrowing make such amount available to BOA Canada, together with interest at the CDOR Rate for and determined as of each day during such period.

  • In the event any Canadian Letters of Credit are outstanding on the Revolving Termination Date, the Canadian Company shall provide to BOA Canada cash collateral in the amount of such Canadian Letters of Credit to secure the Canadian Company’s reimbursement obligations with respect to such Canadian Letters of Credit, together with reasonably anticipated related fees, costs and expenses, which cash collateral shall be maintained in a Collateral Account — Canada.

  • If the Administrative Agent and BOA Canada shall resign as Administrative Agent and BOA Canada under this Agreement, the Majority Lenders, with the consent of the Company and the Canadian Company so long as no Default or Event of Default exists at such time, shall appoint from among the Lenders a successor administrative agent for the Lenders and a successor Canadian agent for the Canadian Lenders.

  • The Administrative Agent and BOA Canada shall each be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Majority Lenders as it deems appropriate and, if it so requests, it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

  • If no successor administrative agent and Canadian agent is appointed prior to the effective date of the resignation of the Administrative Agent and BOA Canada, the Administrative Agent and BOA Canada, with the consent of the Company and the Canadian Company so long as no Default or Event of Default exists at such time, may appoint a successor administrative agent and Canadian agent from among the Lenders.

  • Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so determined by the Administrative Agent, BOA Canada or the Canadian Issuer, as applicable.

  • Each of the Administrative Agent and BOA Canada may execute any of its duties under this Agreement or any other Loan Document by or through agents, employees or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties.

  • In the event that the Administrative Agent or BOA Canada receives such a notice, the Administrative Agent or BOA Canada shall give notice thereof to the Lenders.

Related to BOA Canada

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Canada means the ten provinces of Canada, the Yukon Territory, the Districts and Islands comprising the Northwest Territories of Canada and Nunavut.

  • Health Canada means the section of the Canadian Government known as Health Canada and includes, among other departments, the Therapeutic Products Directorate and the Health Products and Food Branch Inspectorate;

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • domestic customer means the occupier of domestic premises;

  • U.S. Affiliate means the U.S. registered broker-dealer affiliate of an Underwriter;

  • Canadian Security Documents means the Canadian Security Agreement, any share pledge agreement governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations, and each other agreement, document or instrument executed by any Loan Party governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • UAE means the United Arab Emirates.

  • Canadian Security Agreements means, collectively, those certain Amended and Restated Security Agreements, dated as of the Restatement Date, and those certain deeds of movable hypothec dated on or about the Restatement Date, made by the Canadian Credit Parties party thereto in favor of Agent, on behalf of itself and for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time.

  • resident Canadian means an individual who is

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Regions means the six regions of the state as follows:

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Canadian Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the Canadian Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other Canadian Loan Party (as required by this Agreement or any other Loan Document).

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.