Canadian Commitment Period definition

Canadian Commitment Period means, the period from and including the date hereof to but not including the Canadian Revolver Termination Date.
Canadian Commitment Period means the period from and including the date -------------------------- hereof until the Canadian Revolver Maturity Date (or, if earlier, the day on which the obligation of Canadian Revolver Lenders to make Canadian Revolver Advances hereunder and the obligation of Canadian LC Issuer to issue Canadian Letters of Credit hereunder has been terminated or the day on which any of the Canadian Revolver Notes first becomes due and payable in full).
Canadian Commitment Period means the period from and including the date hereof until the Canadian Conversion Date (or, if earlier, the day on which the obligations of US Lenders to make US Loans to Canadian Borrower hereunder pursuant to Section 2.1(b) and the obligation of US LC Issuer to issue US Letters of Credit at the request of Canadian Borrower pursuant to Section 2.11 has been terminated or the day on which any of the Canadian Notes first becomes due and payable in full).

Examples of Canadian Commitment Period in a sentence

  • The Canadian Borrower may make Bankers' Acceptance borrowings during the Canadian Commitment Period on any Business Day, in accordance with and pursuant to the procedures set forth in subsection 2.16.

  • This commitment fee shall be due and payable in arrears on the last day of each Fiscal Quarter and at the end of the Canadian Commitment Period.

  • Subject to the provisions of this Agreement, Canadian Borrowers shall be entitled under this Section 2.1D to borrow funds, repay the same in whole or in part and re-borrow hereunder at any time and from time to time during the Canadian Commitment Period.

  • Subject to the terms and conditions of this Agreement, during the Canadian Commitment Period, the Canadian Banks shall make a CAD Loan or CAD Loans to any Canadian Borrower in such amount or amounts as such Canadian Borrower may from time to time request, but not exceeding in aggregate principal amount at any time outstanding hereunder the aggregate amount of the Canadian Commitments.

  • For at least one Business Day -------------------------- each year during the Canadian Commitment Period, the outstanding principal balance of the Canadian Revolver Advances (not including any Canadian Revolver Advances made in respect of Canadian Cash and Carry Purchases or margin deposits) will not exceed the Dollar Equivalent of $5,000,000.


More Definitions of Canadian Commitment Period

Canadian Commitment Period means the period from the Activation Date to October 31, 2003 or such earlier date on which the Commitment shall have been terminated pursuant to Article VIII hereof.