Examples of Canada Loan Agreement in a sentence
The Canada Loan Agreement is structured similarly to this Agreement and provides that Triad Canada must, to the extent of a specified loss limitation, make mandatory payment of loans upon the occurrence of obligor defaults under the agreements securing such loans.
English, French I-20669 (1259) ACCESSION Cyprus, 3 Aug 2004 A-20669 2275 13 Jan Brazil and Canada: Loan Agreement signed the 13th day of January 1977 between the Government of Canada and the Government of the Federative Republic of Brazil (with annexes).
To the extent that such excess payments under the Canada Loan Agreement or such reimbursements are made, the amount of such payment or reimbursement shall be charged against the maximum amount of loss provided under Section 8.4(c) of this Agreement, and the maximum amount of loss provided under Section 8.4(c) will be reduced by the U.S. Dollar equivalent of such charge (determined as of the date of payment of such amount to Sanwa Bank Canada).
The Company has no obligations for borrowed money under the Royal Bank of Canada Loan Agreement, dated May 6, 2011, by and between the Royal Bank of Canada and Enobia Pharma, Inc.
The foregoing limitations shall not apply to any encumbrance or restriction with respect to Lily Canada pursuant to the Lily Canada Loan Agreement or to Global, provided that no such restriction shall limit or prevent the payment of any intercompany Indebtedness payable from Lily Canada or Global to the Company or any of its Restricted Subsidiaries (other than Lily Canada, Global or any Subsidiary of Lily Canada or Global) in accordance with its terms.
In furtherance of the agreement regarding loss limitations applicable to the Canada Loan Agreement, SBCC has agreed to reimburse Sanwa Bank Canada for the amount of any such additional loss which is not promptly paid by Triad Canada, and SPE has agreed to reimburse SBCC for the amount of any such payments.
SBCC, Sanwa Bank Canada, SPE, TSFC and CCI/Triad, and Triad Canada have agreed that, to the extent that such obligor-default-triggered loan repayments under the Canada Loan Agreement exceed the amount of loss limitation provided under the Canada Loan Agreement, Triad Canada may be required by Sanwa Bank Canada to continue to make such loan repayments to the extent that the loss limitation under Section 8.4(c) of this Agreement has not been exceeded.
In the event that Tab Canada prepays in full the Tab Canada Liabilities and terminates the Tab Canada Loan Agreement, Borrower shall simultaneously prepay the Liabilities hereunder in accordance with the provisions of SECTION 10 hereunder and terminate this Agreement upon such prepayment.