Canadian Borrower Obligations definition

Canadian Borrower Obligations means all Obligations owing to the Administrative Agent, the Collateral Agent, any Issuing Lender or any Lender by any Canadian Borrower.
Canadian Borrower Obligations all Obligations of the Canadian Borrowers and any guarantees thereof (including by U.S. Loan Parties) pursuant to the Canadian Guarantee Agreement or pursuant to any other Loan Document.
Canadian Borrower Obligations the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Loans and Acceptance Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Canadian Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans and Acceptance Reimbursement Obligations and all other obligations and liabilities of the Canadian Borrower to the Administrative Agents or to any Lender (or, in the case of any Hedging Agreements, any affiliate of any Lender), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document, any Hedging Agreement entered into with any Lender or any affiliate of any Lender or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses (including, without limitation, all fees, charges and disbursements of counsel to the Administrative Agents or to any Lender that are required to be paid by the Canadian Borrower pursuant hereto) or otherwise.

Examples of Canadian Borrower Obligations in a sentence

  • Notwithstanding anything set forth in this Agreement or any other Loan Document to the contrary, the Canadian Borrower shall at no time be liable, directly or indirectly, for any portion of the Obligations other than the Canadian Borrower Obligations.


More Definitions of Canadian Borrower Obligations

Canadian Borrower Obligations means the collective reference to the unpaid principal of and interest on the Canadian Loans and Canadian Reimbursement Obligations and all other obligations and liabilities of the Canadian Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Canadian Loans and Canadian Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Canadian Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Collateral Agent, either Administrative Agent, any other Agent or any Lender (or, in the case of any Specified Hedge Agreement entered into by the Canadian Borrower, any Lender Affiliate or any other counterparty thereto), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, the other Loan Documents, any Canadian Letter of Credit, any Specified Hedge Agreement entered into by the Canadian Borrower or any other document made, delivered or given in connection with any of the foregoing, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Collateral Agent, either Administrative Agent, any other Agent or to the Lenders that are required to be paid by the Canadian Borrower pursuant to the terms of any of the foregoing agreements).
Canadian Borrower Obligations means all advances to, and debts, liabilities, obligations, covenants and duties of, the Canadian Borrower arising under any Loan Document or otherwise with respect to any Canadian Revolving Loan, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against the Canadian Borrower or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding. The foregoing shall also include (a) all obligations under any Swap Contract between the Canadian Borrower and any Swap Bank that is permitted to be incurred pursuant to Section 8.03(d) and (b) all obligations under any Treasury Management Agreement between the Canadian Borrower and any Treasury Management Bank; provided that “Canadian Borrower Obligations” shall exclude any Excluded Swap Obligations.
Canadian Borrower Obligations all indebtedness, obligations and ----------------------------- liabilities of the Canadian Borrower hereunder or under the other Loan Documents in respect of the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Loans, Reimbursement Obligations and Acceptance Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Canadian Borrower, whether or not a claim for post- filing or post-petition interest is allowed in such proceeding) the Canadian Facility Loans, the Reimbursement Obligations in respect of Canadian Letters of Credit and Acceptance Reimbursement Obligations, and all other obligations and liabilities of the Canadian Borrower to any Administrative Agent or to any Lender (or, in the case of Specified Hedge Agreements, any affiliate of any Lender), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document, the Canadian Letters of Credit, the Acceptances, any Specified Hedge Agreement or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses (including, without limitation, all fees, charges and disbursements of counsel to either Administrative Agent or to any Lender that are required to be paid by the Canadian Borrower pursuant hereto) or otherwise; provided, that (i) -------- obligations of the Canadian Borrower or any Subsidiary thereof under any Specified Hedge Agreement shall be guaranteed hereby and secured pursuant to the Canadian Security Documents only to the extent that, and for so long as, the other Canadian Borrower Obligations are so secured and guaranteed and (ii) any release of Collateral or Guarantors effected in the manner permitted by this Agreement shall not require the consent of holders of obligations under Specified Hedge Agreements.
Canadian Borrower Obligations shall have the meaning assigned to such term in the Canadian Guarantee and Collateral Agreement.
Canadian Borrower Obligations the Obligations (as defined in the Credit Agreement) of the Canadian Borrowers and including the obligations of each Canadian Borrower arising under this Agreement, provided that for purposes of this Agreement, Excluded Swap Obligations of any Grantor shall at no time constitute Canadian Borrower Obligations of such Grantor. For the avoidance of doubt, in no event shall the Canadian Borrower Obligations guaranteed or secured hereunder include any US Borrower Obligations (as defined in the Credit Agreement).
Canadian Borrower Obligations means all Obligations owing to the Secured Parties by the Canadian Credit Parties.
Canadian Borrower Obligations as defined in the definition of “Obligations” in this Section 1.1.