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 means all Obligations of the Canadian Borrower and any guarantees thereof (including by U.S. Credit Parties) pursuant to the Guaranties or pursuant to any other Credit 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

  • Neither Administrative Agents nor any Lender or the Canadian Operating Facility Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Canadian Borrower Obligations, the Canadian Operating Facility Obligations or for the guarantee contained in this Section 13 or any property subject thereto.

  • The provisions of this Section 13.2 shall survive the term of the guarantee contained in this Section 13 and the payment in full of the Canadian Borrower Obligations and the Canadian Operating Facility Obligations and the termination of the Canadian Term Loan Commitments and the Canadian Operating Facility.

  • The Company waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Canadian Borrower or the Company with respect to the Canadian Borrower Obligations and the Canadian Operating Facility Obligations.

  • The Company hereby agrees that any payments in respect of the Canadian Borrower Obligations and the Canadian Operating Facility Obligations pursuant to this Section 13 will be paid to the Canadian Administrative Agent without setoff or counterclaim in Canadian Dollars, at the office of the Canadian Administrative Agent specified in Section 14.2.

  • 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 the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Loans, Acceptance Reimbursement Obligations and 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 made to the Canadian Borrower and all other obligations and liabilities of the Canadian Borrower to the Administrative Agent, the Canadian Administrative Agent or any Lender (or, in the case of Interest Rate Protection Arrangements or Currency Agreements, any Affiliate of any Lender), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, of the Canadian Borrower which may arise under, out of, or in connection with, this Agreement, any other Loan Document, the Letters of Credit, any Interest Rate Protection Arrangement or Currency 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 Agent, the Canadian Administrative Agent or to any Lender that are required to be paid by the Canadian Borrower pursuant hereto) or otherwise.
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.