Canadian Facility Fee definition

Canadian Facility Fee as defined in Section 4.5(b).
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Canadian Facility Fee has the meaning specified in Section 2.09(a)(ii).
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Canadian Facility Fee. See §2.2(b).
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Examples of Canadian Facility Fee in a sentence

  • Upon the effective date of any such reduction or termination, the Canadian Borrowers shall pay to the Canadian Agent, for the pro rata accounts of the Canadian Banks, the full amount of the accrued and unpaid Canadian Facility Fee on the amount of such reduction.

  • Collectively, the Domestic Facility Fee, the Canadian Facility Fee, the U.K. Facility Fee and the PR Facility Fee.

  • The Canadian Facility Fee shall be payable by the Canadian Borrowers quarterly in arrears on the last Business Day of each calendar quarter for the quarter then ending, commencing with the first such date after the Closing Date and with a final payment on the Maturity Date (or on the date of the termination in full of the Total Canadian Commitment, if earlier).

  • All such payments shall be made together with any and all accrued and unpaid interest thereon, the accrued and unpaid Domestic Facility Fee, Canadian Facility Fee, U.K. Facility Fee and the PR Facility Fee with respect thereto, and any other fees and other amounts owing hereunder.

  • The Canadian Facility Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect.

  • Such Canadian Facility Fee shall accrue from the Safeline Closing Date to the earlier of the Canadian Termination Date and the date on which the Canadian Commitments have been terminated in full and shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter (commencing June 30, 1997) through the Canadian Termination Date or such earlier date as the Canadian Commitments have been terminated in full.

  • Canadian Borrower shall pay to the Canadian Agent for the account of each Canadian Lender a facility fee computed at a rate per annum equal to the Applicable Facility Fee Percentage (the "Canadian Facility Fee") on the average daily effective amount of such Canadian Lender's Canadian Commitment computed on a quarterly basis in arrears on the last Business Day of each calendar quarter.

  • The Canadian Facility Fee shall be paid solely in Canadian Dollars.

  • All such payments shall be made together with any and all accrued and unpaid interest thereon, the accrued and unpaid Domestic Facility Fee, Canadian Facility Fee, U.K. Facility Fee, PR Facility Fee and Utilization Fee with respect thereto, and any other fees and other amounts owing hereunder.

  • The Company and the Multicurrency Subsidiary Borrowers jointly and severally agree to pay to the Canadian Lender in US Dollars a facility fee ("Canadian Facility Fee") at a per annum rate equal to the Applicable Fee Rate on the Tranche B Commitment.


More Definitions of Canadian Facility Fee

Canadian Facility Fee has the meaning specified in Section 4.02(a)(ii).
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Related to Canadian Facility Fee

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

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • Facility Fees has the meaning provided in Section 2.11(a).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.