Canadian Credit Extensions definition

Canadian Credit Extensions mean each of the following: (a) a Canadian Borrowing and (b) a Canadian L/C Credit Extension.
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Canadian Credit Extensions as of any day, shall be equal to the sum of (a) the principal balance of all Canadian Loans (including Canadian Swingline Loans) then outstanding, and (b) the then amount of the Canadian Letter of Credit Outstandings.
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Canadian Credit Extensions means the making of a Canadian Revolving Loan to the Canadian Borrower or any Canadian L/C Credit Extensions. “Canadian Credit Party” or “Canadian Credit Parties” means (a) individually, (i) each Canadian Lender and each of its Affiliates and branches to whom any Canadian Liabilities are owed, (ii) the Agent, (iii) each L/C Issuer with respect to Canadian Letters of Credit, (iv) the Arranger, (v) each beneficiary of each indemnification obligation undertaken by any Canadian Loan Party under any Loan Document, (vi) any other Person to whom Canadian Liabilities under this Agreement and other Loan Documents are owing, and (vii) the successors and assigns of each of the foregoing, and (b) collectively, all of the foregoing.
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Examples of Canadian Credit Extensions in a sentence

  • The Board also reviewed the feedback from Vice-Chair Fisher and Principal Veitch.

  • The aggregate outstanding amount of the Canadian Credit Extensions plus the aggregate outstanding amount of the UK Credit Extensions shall not at any time exceed fifty percent (50%) of the Loan Cap.

  • Such legislation will enable extradition to proceed smoothly even with States that have a different procedure for finding accused persons guilty and imposing sentence.


More Definitions of Canadian Credit Extensions

Canadian Credit Extensions means, as the context may require, (i) the making of a Canadian Loan by a Revolving Lender (including the acceptance of a Canadian BA) or (ii) the issuance of any Canadian Letter of Credit, or the extension of any Stated Expiry Date of any existing Canadian Letter of Credit, by the Issuer.
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Canadian Credit Extensions means the making of a Canadian Revolving Loan to the Canadian Borrower or any Canadian L/C Credit Extensions.
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Canadian Credit Extensions means a Canadian Borrowing.
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Canadian Credit Extensions means the making of a Canadian Loan to the Canadian Borrower or any Canadian L/C Credit Extensions. “Canadian Credit Party” or “Canadian Credit Parties” means (a) individually, (i) each Canadian Lender and each of its Affiliates and branches to whom
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Related to Canadian Credit Extensions

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Credit Extensions mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Extension of Credit means, as to any Lender, the making of a Loan by such Lender (or a participation therein by a Lender) or the issuance of, or participation in, a Letter of Credit by such Lender.

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

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.