Examples of Canadian Facility Effective Date in a sentence
Subject to and upon the terms and conditions set forth in Schedule 2.9 hereto, each Lender severally agrees, as part of and as a sub-facility under, its Commitment hereunder (but without increasing such Commitment), to make available hereunder (directly or through a lending affiliate of such Lender) to the Canadian Borrowers, at any time and from time to time on or after the Canadian Facility Effective Date and prior to the Termination Date, its pro rata share of the Canadian Facility.
Xxxxx Fargo and, from and after the Canadian Facility Effective Date, HSBC (and any successor acting as US Administrative Agent or as Canadian Administrative Agent) and their respective Affiliates may accept fees and other consideration from any Borrower or any Subsidiary or Affiliate of a Subsidiary for services in connection with this Agreement or otherwise without having to account for the same to the Lenders, the Issuing Lenders or the other Administrative Agent.
To facilitate the acceptance of Bankers' Acceptances under this Agreement, the Canadian Borrower shall, on the Canadian Facility Effective Date and from time to time as required, provide to the Canadian Agent bills of exchange, in form satisfactory to the Canadian Agent, duly executed and endorsed in blank by the Canadian Borrower in quantities sufficient for each Canadian Bank to fulfill its obligations hereunder.
Revolving Credit Loans shall be evidenced by separate promissory notes of the Canadian Borrower in substantially the form of Exhibit A-2 hereto (each, a "Canadian Revolving Credit Note"), dated as of the Canadian Facility Effective Date and completed with appropriate insertions.
The Canadian Borrower shall pay to Canadian Administrative Agent for the ratable benefit of each Canadian Lender all accrued but unpaid interest on such Canadian Lender’s Canadian Base Rate Advances on each March 31, June 30, September 30, and December 31 commencing on the first such date to occur after the Canadian Facility Effective Date, and on the Maturity Date.
From and after the Canadian Facility Effective Date, each Canadian Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Canadian Advances to the Canadian Borrower from time to time on any Business Day during the period from the Effective Date until the Maturity Date; provided that after giving effect to such Canadian Advances, the aggregate Canadian Outstandings shall not exceed the aggregate Canadian Commitments in effect at such time.
A form of such intercreditor agreement will be made available to each Secured Party on the Canadian Facility Effective Date and thereafter upon request.