Canadian Borrower definition

Canadian Borrower as defined in the preamble hereto.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Canadian Borrower has the meaning specified in the introductory paragraph hereto.

Canadian Borrower shall have the meaning assigned to such term in the preamble hereto.

Examples of Canadian Borrower in a sentence

If no Interest Period is specified with respect to any requested Borrowing of Term SOFR Loans or Term ▇▇▇▇▇ Loans, then the Lead Borrower or the Canadian Borrower, as applicable, shall be deemed to have selected an Interest Period of one month’s duration (subject to the proviso in clause (d) above).
Within the foregoing limits and subject to the terms and conditions set forth herein, the Lead Borrower or the Canadian Borrower, as applicable, may borrow, repay and reborrow Swingline Loans.
If no currency is specified, then the requested Borrowing shall be made in Dollars for U.S. Borrowers and Canadian Dollars for the Canadian Borrower.
In such event, the Lead Borrower or the Canadian Borrower, as applicable, shall promptly prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its registered assigns) substantially in the form of Exhibit B-1 or Exhibit B-2, as applicable.
The Administrative Agent shall notify the Lead Borrower or the Canadian Borrower, as applicable, of any participations in a Swingline Loan acquired pursuant to this paragraph, and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to any Swingline Lender.

More Definitions of Canadian Borrower

Canadian Borrower has the meaning assigned to such term in the introductory paragraph of this Agreement.

Canadian Borrower shall have the meaning provided in the first paragraph of this Agreement.

Canadian Borrower and “Canadian Borrowers” has the meaning specified in the preamble to this Agreement.

Canadian Borrower means a Borrower that is incorporated in Canada.

Canadian Borrower means (i) MK Canada Holdings and (ii) any other Borrower organized under the laws of Canada or any province or territory thereof.

Canadian Borrower means (i) the Canadian Primary Borrower and (ii) any Borrower incorporated or otherwise organized under the laws of Canada or any province or territory thereof. It is understood and agreed that while the Canadian Primary Borrower is designated as a Canadian Borrower for purposes of receiving Loans hereunder, the Canadian Primary Borrower is a Domestic Subsidiary and shall be treated as such for all other purposes under the Loan Documents.

Canadian Borrower shall have the meaning provided in the recitals of this Agreement.