Canadian Credit Parties definition

Canadian Credit Parties means (a) individually, (i) each Canadian Lender and its Lender Affiliates, (ii) the Canadian Agent and its Lender Affiliates, (iii) each L/C Issuer of any Canadian Letter of Credit and (iv) the successors and assigns of each of the foregoing, and (b) collectively, all of the foregoing.

Canadian Credit Parties means the Canadian Borrower and the Canadian Subsidiary Guarantors.

Canadian Credit Parties means, collectively, the Canadian Borrower and the Canadian Subsidiary Guarantors.

Examples of Canadian Credit Parties in a sentence

• Any Accounts which are not Eligible Accounts shall nevertheless be part of (i) in the case of the U.S. Credit Parties, the ABL Priority Collateral and (ii) in the case of the Canadian Credit Parties, the Canadian Collateral.

• Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Administrative Agent has no obligation to ascertain the identity of the Canadian Credit Parties or any authorized signatories of the Canadian Credit Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Credit Party or any such authorized signatory in doing so.

• Each Canadian Credit Party shall instruct all Account Debtors of the Canadian Credit Parties to remit all payments to the “P.O. Boxes” or “Lockbox Addresses” of the depositary banks maintaining Canadian Collection Accounts (or to remit such payments to the applicable depositary bank by electronic settlement) with respect to all Accounts of such Account Debtor, which remittances shall be collected by such depositary banks and deposited in a Canadian Collection Account.

• Each [of Trak SaaS and Trak IoT] hereby further acknowledges and agrees that any of the Loan Documents granting a Lien in any of the Collateral of the Canadian Credit Parties [Trak SaaS and Trak IoT] shall continue to guarantee and secure all of the Obligations and that the guarantees provided by, and the Liens granted under, such Loan Documents shall not be limited, terminated, altered, amended or discharged by the execution and delivery of this Agreement.

• Notwithstanding the foregoing, the Canadian Credit Parties [Trak SaaS and Trak IoT] acknowledge, confirm and agree that the execution and delivery of this Agreement does not, and shall not, in any way be deemed to be a novation of the Original Credit Agreement or any accommodations of credit provided to Borrower prior to the date hereof.

More Definitions of Canadian Credit Parties

Canadian Credit Parties means, collectively, the Canadian Borrower and each Material Subsidiary organized under the laws of Canada or any province or territory thereof that is or becomes a guarantor of the Canadian Liabilities. “Canadian Credit Party” means any one of such Persons.

Canadian Credit Parties means the Canadian Borrower and each Canadian Subsidiary (a) which executes a guaranty of the Canadian Obligations, (b) which grants a Lien on its Canadian Collateral to secure payment of the Canadian Obligations and (c) all of the Stock of which is pledged to Agent for the benefit of the Secured Parties.

Canadian Credit Parties means, collectively, the Canadian Borrower and the Canadian Subsidiary Guarantors. “ Canadian Dollar ” or “ C$ ” means, at the time of determination, the lawful currency of Canada.

Canadian Credit Parties means, collectively, the Canadian Borrower and each Material Subsidiary that is or becomes a guarantor of the Canadian Liabilities. “Canadian Credit Party” means any one of such Persons.

Canadian Credit Parties means the Canadian Borrower and each other Person (i) which executes a guarantee of the Canadian Obligations, (ii) which grants a Lien on all or substantially all of its assets to secure payment of the Canadian Obligations, and/or (iii) which pledges to the Canadian Agent for the benefit of the Canadian Secured Parties, the Equity Interests of any Subsidiary.

Canadian Credit Parties means, collectively, Canadian Borrower and each other Subsidiary of Bxxxxx, Inc. that is organized under the laws of Canada or any province thereof that executes and delivers a Canadian Guaranty; and “Canadian Credit Party” means any one of the foregoing Credit Parties.

Canadian Credit Parties. WESCO DISTRIBUTION CANADA GP INC. By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx Title: Assistant Secretary WESCO DISTRIBUTION CANADA CO. By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx Title: Assistant Secretary WESCO DISTRIBUTION II ULC By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. Xxxxxxx Title: Treasurer GENERAL ELECTRIC CAPITAL CORPORATION, as Agent and a Lender By: /s/ Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxx Title: Duly Authorized Signatory GE CANADA FINANCE HOLDING COMPANY, as Canadian Agent and a Lender By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Duly Authorized Signatory BANK OF AMERICA, N.A., as a Lender By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Senior Vice President CITIZENS BANK OF PENNSYLVANIA, as a Lender By: /s/ Xxx Xxxx Name: Xxx Xxxx Title: Vice President PNC BANK, N.A., as a Lender By: /s/ Xxxxx X. Xxxxxx Name: Xxxxx X. Xxxxxx Title: Vice President FIRST COMMONWEALTH BANK, as a Lender By: /s/ Xxxxx X. Xxxxxxx Name: Xxxxx X. Xxxxxxx Title: Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION as a Lender By: /s/ Xxxx Spring Name: Xxxx Spring Title: Vice President JPMORGAN CHASE BANK, N.A., as a Lender By: /s/ Xxxxx X. Xxxx, III Name: Xxxxx X. Xxxx, III Title: Assistant Vice President XXXXX FARGO CAPITAL FINANCE CORPORATION CANADA, as a Lender By: /s/ Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx Title: Vice President BANK OF AMERICA, N.A., CANADA BRANCH, as a Lender By: /s/ Xxxxxx Sales xx Xxxxxxx Name: Xxxxxx Sales xx Xxxxxxx Title: Vice President JPMORGAN CHASE BANK, N.A. TORONTO BRANCH, as a Lender By: /s/ Xxxxx Xxxxx Name: Xxxxx Xxxxx Title: Senior Vice President PNC BANK CANADA BRANCH, as a Lender By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Assistant Vice President XXXXX FARGO CAPITAL FINANCE, LLC, as a Lender By: /s/ Xxxx Spring Name: Xxxx Spring Title: Vice President