Canadian Deed of Hypothec definition

Canadian Deed of Hypothec means any deed of hypothec creating a hypothec in favor of the Collateral Agent, as hypothecary representative for the benefit of the Secured Parties, pursuant to the laws of the Province of Quebec on the assets of any Loan Party existing under the laws of the Province of Quebec, having its domicile (within the meaning of the Civil Code of Quebec) in the Province of Quebec or having a place of business or tangible property situated in the Province of Quebec.
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Canadian Deed of Hypothec means, collectively, the deed of hypothec, among certain Loan Parties and the Collateral Agent, acting as hypothecary representative, together with each additional deed of hypothec executed and delivered pursuant to this Agreement.
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Canadian Deed of Hypothec means, collectively, the deed of hypothec, among certain Loan Parties and the Collateral Agent, acting as Hypothecary Representative, substantially in the form of Exhibit F-3, together with each additional deed of hypothec executed and delivered pursuant to Section 6.11. “Canadian Defined Benefit Plan” means any Foreign Plan that is a “registered pension plan” as defined in subsection 248(1) of the Income Tax Act (Canada) and/or is subject to the funding requirements of applicable pension benefits legislation in any Canadian jurisdiction and which, in either case, contains a “defined benefit provision” as defined in subsection 147.1(1) of the Income Tax Act (Canada), excluding any Canadian Multi-Employer Plan. “Canadian Dollar”, “Cdn.$” and “CAD” mean lawful money of Canada. “Canadian Intercompany Note” means that certain intercompany note dated as of April 26, 2021 by Evergreen AcqCo 2 Inc. in favor of the Canadian Borrower in an aggregate principal amount not to exceed $80,000,000, pursuant to which the Canadian Borrower has made an intercompany loan in such principal amount to Evergreen AcqCo 2 Inc. “Canadian Multi-Employer Plan” means a “registered pension plan” as defined in subsection 248(1) of the Income Tax Act (Canada) that is a “multi-employer pension plan” within the meaning of the Pension Benefits Act (Ontario) or applicable federal or provincial pension benefits standards legislation and to which any Loan Party is required to contribute pursuant to a collective agreement, trust agreement or participation agreement which is not maintained or administered by a Loan Party. “Canadian Pension Event” means the occurrence of any of the following: (i) any Loan Party initiates any action or filing to voluntarily terminate or wind-up (in whole or in part) any Canadian Defined Benefit Plan; (ii) the institution of proceedings by a Governmental Authority to terminate or wind-up (in whole or in part) any Canadian Defined Benefit Plan; (iii) the appointment by any Governmental Authority
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Examples of Canadian Deed of Hypothec in a sentence

  • Canadian Deed of Hypothec: the Deed of Hypothec to Secure Payment of Debentures, dated as of June 11, 2010, by the Canadian Borrower in favor of Bank of America, N.A., acting as fondé de pouvoir for the debentureholders under the Canadian Debenture.


More Definitions of Canadian Deed of Hypothec

Canadian Deed of Hypothec means (i) the deed of hypothec dated on or about the date of this Agreement in form and substance reasonably satisfactory to Agent executed and delivered by each of Comtech Satellite Network Technologies Corp. and Comtech Solacom Technologies, Inc. in favour of the Agent, and (ii) each other deed of hypothec executed by a Loan Party which either (a) is organized under the laws of Québec, (ii) maintains its chief executive office or registered office in the Province of Québec, or (iii) maintains tangible property or assets in the Province of Québec, each as amended, amended and restated, restated, supplemented, modified or otherwise in effect from time to time.
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Related to Canadian Deed of Hypothec

  • Canadian Security Agreement means, collectively, a security agreement and a pledge agreement, each dated as of the Original Closing Date, governed by Canadian law and securing the assets of the Loan Parties organized under Canadian Law, each duly executed by each applicable Loan Party, as the same may be supplemented, modified, amended and/or restated or replaced from time to time.

  • Dutch Security Documents means the Dutch Security Agreement and the Dutch Share Pledge Agreement and any other Security Document governed by Dutch law.

  • U.S. Security Agreement means that certain Security Agreement, dated as of the Original Effective Date (as amended, amended and restated, supplemented or otherwise modified from time to time), between the U.S. Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent, and the other Lender Parties, and any other pledge or security agreement entered into, after the Original Effective Date by any other U.S. Loan Party (as required by this Agreement or any other Loan Document).

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • Canadian Securities Regulators means the applicable securities commission or securities regulatory authority in each of the Qualifying Jurisdictions;