C$ Prime Loans definition

C$ Prime Loans means advances denominated in Canadian Dollars that bear interest at a rate based upon the C$ Prime Rate.

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C$ Prime Loans shall have the meaning assigned to such term in Annex A hereto.

C$ Prime Loans. C$ Loans at such time as they bear interest at a rate based upon the Canadian Prime Rate.

Examples of C$ Prime Loans in a sentence

• Each borrowing of C$ Prime Loans shall be in an amount equal to C$300,000 or a whole multiple of C$100,000 in excess thereof.

• The Credit Agreement provides for the acceleration of the maturity of this C$ Note upon the occurrence of certain events and for prepayments of C$ Prime Loans upon the terms and conditions specified therein.

• Unless otherwise provided herein, all US$-Canadian Loans made to the US$-Canadian Borrowers, other than Dollar-denominated US$-Canadian Loans, shall be made, maintained and continued as CDOR Loans or, in the case of US$-Canadian Swingline Loans only, C$ Prime Loans or Agreed Rate Loans.

• Any termination of the Canadian Commitments shall be accompanied by prepayment in full of all C$ Prime Loans together with accrued interest thereon to the date of such prepayment, and by cash collateralization, but not prepayment, of the Bankers' Acceptances on terms satisfactory to the Canadian Administrative Agent.

• The Canadian Borrower may borrow C$ Prime Loans during the Canadian Revolving Credit Commitment Period on any Business Day, provided that the Canadian Borrower shall give the Canadian Administrative Agent irrevocable notice (which notice must be received by the Canadian Administrative Agent prior to 10:00 A.M., Toronto Time, one Business Day prior to the requested Borrowing Date), specifying (a) the amount to be borrowed and (b) the requested Borrowing Date.

More Definitions of C$ Prime Loans

C$ Prime Loans. C$ Loans at such time as they bear interest at a -------------- rate based upon the C$ Prime Rate.

C$ Prime Loans. Loans the rate of interest applicable to which is based upon the C$ Prime Rate.

C$ Prime Loans. Canadian Revolving Credit Loans at such time as they bear interest at a rate based upon the C$ Prime Rate.

C$ Prime Loans means on any date a Loan denominated in Canadian Dollars bearing interest at a rate determined by reference to the C$ Prime Rate.

C$ Prime Loans means a Loan denominated in Canadian Dollars that bears interest at a rate based upon the C$ Prime Rate. “C$ Prime Rate” shall mean, on any day, the rate determined by the Administrative Agent to be the rate equal to the PRIMCAN Index rate that appears on the Bloomberg screen at 10:15 a.m. Toronto time on such day (or, in the event that the PRIMCAN Index is not published by Bloomberg, any other information services that publishes such index from time to time, as selected by the Administrative Agent in its reasonable discretion); provided, that if any the above rates shall be less than 0.00%, such rate shall be deemed to be 0.00% for purposes of this Agreement. Any change in the Canadian Prime Rate due to a change in the PRIMCAN Index shall be effective from and including the effective date of such change in the PRIMCAN Index. “Daily Simple ▇▇▇▇▇” shall mean, for any day (a “▇▇▇▇▇ Rate Day”), a rate per annum equal to ▇▇▇▇▇ for the day (such day “▇▇▇▇▇ Determination Date”) that is five (5) RFR Business Days prior to (i) if such ▇▇▇▇▇ Rate Day is an RFR Business Day, such ▇▇▇▇▇ Rate Day or (ii) if such ▇▇▇▇▇ Rate Day is not an RFR Business Day, the RFR Business Day immediately preceding such ▇▇▇▇▇ Rate Day, in each case, as such ▇▇▇▇▇ is published by the ▇▇▇▇▇ Administrator on the ▇▇▇▇▇ Administrator’s website. Any change in Daily Simple ▇▇▇▇▇ due to a change in ▇▇▇▇▇ shall be effective from and including the effective date of such change in ▇▇▇▇▇ without notice to the Borrower. If by 5:00 p.m. (Toronto time) on any given ▇▇▇▇▇ Determination Date, ▇▇▇▇▇ in respect of such ▇▇▇▇▇ Determination Date has not been published on the ▇▇▇▇▇ Administrator’s website and a Benchmark Replacement Date

C$ Prime Loans. C$ LOANS AT SUCH TIME AS THEY BEAR INTEREST AT A -------------- RATE BASED UPON THE C$ PRIME RATE.

C$ Prime Loans means a Loan denominated in Canadian Dollars that bears interest at a rate based upon the C$ Prime