Canadian Facility definition

Canadian Facility means, at any time, the aggregate amount of the Canadian Commitments at such time.

Canadian Facility the credit facility available to the Canadian Borrowers and the U.S. Borrowers hereunder.

Canadian Facility means the revolving credit facility described in Section 2.1(b).

Examples of Canadian Facility in a sentence

• The ledger balance in the main Dominion Account of the Canadian Borrower as of the end of a Business Day shall be applied to the Canadian Facility Obligations of the Canadian Borrower at the beginning of the next Business Day, during any Dominion Trigger Period.

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

• The Canadian Revolver Loans shall be repaid in accordance with the terms of this Agreement and shall be secured by all of the Canadian Facility Collateral.

• On the Canadian Revolver Commitment Termination Date, the Canadian Borrower shall make Full Payment of all Canadian Facility Obligations.

• All Protective Advances made by Agent with respect to Canadian Borrower shall be Canadian Facility Obligations, secured by the Canadian Facility Collateral and shall be treated for all purposes as Extraordinary Expenses.

More Definitions of Canadian Facility

Canadian Facility means that certain Senior Secured Credit Agreement, dated as of March 27, 2007, by and among Primus Telecommunications Canada Inc., 3082833 Nova Scotia Company, the lenders party thereto from time to time, Group, Holding and Guggenheim Corporate Funding, LLC, as administrative agent and collateral agent (as may be amended, restated, supplemented or otherwise modified from time to time).

Canadian Facility the Canadian Revolving Commitments and the extensions of credit made thereunder.

Canadian Facility the Second Amended and Restated Loan Agreement, dated as of the Original Effective Date, by and among GM Canada, as borrower, the other loan parties party thereto, and the Canadian Lender, as lender, in form and substance substantially similar to the UST Facility as the same may be amended, restated, supplemented or modified from time to time hereafter in accordance with the other Secured Note Documents.

Canadian Facility as defined in Schedule 2.9 hereto.

Canadian Facility means, collectively, (a) the revolving credit facility described in Section 2.1(b) and Section 2.5, (b) the swing line subfacility provided by the Canadian Swingline Lender described in Section 2.4 and (c) the letter of credit subfacility provided by the Canadian Issuing Lender described in Section 2.3.

Canadian Facility means all Canadian Commitments of Canadian Lenders.

Canadian Facility means a revolving loan and letter of credit facility for loans and letters of credit in Canadian or U.S. dollars to or for the account of Sterling Pulp.