Canadian Base Rate Loan definition
Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.
Canadian Base Rate Loan a Canadian Revolver Loan, or portion thereof, funded in Dollars and bearing interest calculated by reference to the Canadian Base Rate.
Canadian Base Rate Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Canadian Base Rate in accordance with the provisions of Article II.
Examples of Canadian Base Rate Loan in a sentence
If no election as to whether a Canadian Revolving Loan denominated in Canadian Dollars is to be a ▇▇▇▇▇ Loan or Canadian Base Rate Loan is contained in the applicable request, then the requested Canadian Loan shall be a Canadian Base Rate Loan.
More Definitions of Canadian Base Rate Loan
Canadian Base Rate Loan means Revolving Loans bearing interest at a rate by reference to the Canadian Base Rate.
Canadian Base Rate Loan means a Loan in Canadian Dollars which bears interest at the Canadian Base Rate pursuant to the provisions of Articles 2 or 8 hereof.
Canadian Base Rate Loan means a Loan denominated in US Dollars that bears interest at a rate based on the Canadian Base Rate.
Canadian Base Rate Loan means any Canadian Revolving Credit Loan or Canadian Swingline Loan bearing interest at a rate based upon the Canadian Base Rate as provided in Section 5.1(a) .
Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime
Canadian Base Rate Loan a Canadian Revolver Loan that bears interest based on the Canadian Base Rate. Canadian Borrower: as defined in the preamble. Canadian Borrowing Base: the Dollar Equivalent sum of the following, as set forth in the most recently delivered Borrowing Base Certificate by the Canadian Borrower:
Canadian Base Rate Loan means a Loan in U.S. Dollars made by each of the Tranche 2 Lenders to any Borrower designated to receive Tranche 2 Loans hereunder.