Canadian Borrowing Base Party definition

Canadian Borrowing Base Party means each Wholly-Owned Subsidiary of US Company that is (a) incorporated, amalgamated, continued or otherwise formed under the laws of Canada or any province thereof and (b) either a Canadian Borrower or a Non-US Obligation Guarantor.
Sample 1Sample 2Sample 3
Canadian Borrowing Base Party means the Canadian Borrower, Consolidated Recycling and any other Canadian Credit Party that is expressly permitted by Canadian Administrative Agent to have its assets included in the Canadian Borrowing Base.
Sample 1

Related to Canadian Borrowing Base Party

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Borrowing Base Value means, with respect to any Oil and Gas Property of a Credit Party or any Swap Agreement in respect of commodities, the value the Administrative Agent attributed to such asset in connection with the most recent determination of the Borrowing Base as confirmed by Required Lenders.

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Canadian Administrative Agent means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as Canadian administrative agent for the Lenders hereunder.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.