Canadian Advances definition

Canadian Advances has the meaning given to such term in Section 2.1(c).
Canadian Advances means all Loans, including Acceptances, denominated in CAD.
Canadian Advances has the meaning specified therefor in Section 2.1(a) of the Agreement.

Examples of Canadian Advances in a sentence

  • There shall be no more than ten (10) Interest Periods in effect with respect to all of the Syndicated Canadian Advances at any time.

  • The Canadian Borrower hereby unconditionally promises to pay to the Canadian Administrative Agent for the account of and ratable benefit of each Canadian Lender the aggregate outstanding principal amount of all Canadian Advances on the Maturity Date.

  • To make any such election, the applicable Canadian Borrower must give to Canadian Agent written notice (or telephonic notice promptly confirmed in writing) of any such Conversion or Continuation of existing Canadian Advances, with a separate notice given for each new Borrowing.

  • The Canadian Borrower agrees to pay to the Canadian Administrative Agent for the account of each Canadian Lender a Canadian Commitment Fee on the average daily amount by which such Lender’s Canadian Commitment exceeds such Lender’s outstanding Canadian Advances plus such Lender’s Applicable Percentage of the Canadian Letter of Credit Exposure at the rate equal to the Applicable Margin for Canadian Commitment Fees for such period.

  • The Canadian Advances and other Canadian Finance Obligations (unless such other Canadian Finance Obligations expressly provide otherwise) shall be made and repaid in Canadian Dollars or U.S. Dollars.


More Definitions of Canadian Advances

Canadian Advances as defined in Section 2.1(b).
Canadian Advances means, collectively, as of the date of determination, the aggregate outstanding amount of all loans and advances under the Canadian Loan Agreement as of such date.
Canadian Advances means and include the Canadian Revolving Advances, the Canadian Letters of Credit and any other advance made hereunder to a Canadian Borrower.
Canadian Advances has the meaning given to such term in Section 1.1(a) of the Canadian Agreement.
Canadian Advances means Advances of any Type under the Canadian Commitment.
Canadian Advances means any advance or conversion under the Credit Facility requested by the Borrower in Canadian Funds and advanced by the Lender in Canadian Funds or determined as such pursuant to §4.12;
Canadian Advances means an advance under Section 2.1(b) which is made in CDN Dollars and may be either a Canadian Prime Rate Advance or a Cost of Funds Advance.