Canadian Facility Loans definition

Canadian Facility Loans the collective reference to the Canadian ----------------------- Term Loans, the Canadian Revolving Credit Loans and the Canadian Swing Line Loans.
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Canadian Facility Loans. Canadian Revolving Credit Commitment", "Canadian Revolving Extensions of Credit", "Revolving Credit Commitments" and "Swing Line Lender" contained in Section 1.1 of the Credit Agreement are hereby deleted in their entirety and replaced with the following new definitions:
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Canadian Facility Loans means Loans, both Canadian Facility Base Rate Loans and Canadian Facility BA Rate Loans, made by the Canadian Facility Lenders pursuant to Article IV hereof.
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Examples of Canadian Facility Loans in a sentence

  • Therefore, the SRL structure may not be used nor allowed for an initial public offering through the Mexican Stock Exchange.

  • The Canadian Borrower hereby further agrees to pay interest on the unpaid principal amount of the Canadian Facility Loans from time to time outstanding until payment thereof in full at the rates per annum, and on the dates, set forth in Section 5.1.

  • Remove wet or damaged insulation and replace with insulation of same type and thickness.

  • This means that it goes beyond physical individual persons and beyond the physical realm.

  • The proceeds of the Canadian Facility Loans made pursuant to the Canadian Facility hereunder shall be used by the Canadian Facility Borrower to repay and terminate the Prior Canadian Facility, to finance capital expenditures and Permitted Acquisitions and for other working capital and general corporate needs of the Canadian Facility Borrower.

  • The Canadian Facility Term Loans shall bear interest at a rate equal to (i) the same terms as the Canadian Facility Loans prior to the conversion to Canadian Facility Term Loans plus .125% until the initial Continuation or Conversion thereof pursuant to Section 4.08 hereof and (ii) the Applicable Margin for either Canadian Facility Base Rate Loans or Eurodollar Rate Loans, as selected by the Borrower, plus .125%, at all times after the initial Continuation or Conversion thereof.

  • The Canadian Facility Term Loans shall bear interest on the same terms as the Canadian Facility Loans prior to the conversion to Canadian Facility Term Loans until the Continuation or Conversion thereof pursuant to Section 4.08 hereof.

  • All prepayments of Canadian Facility Loans made by the Canadian Facility Borrower shall be in the amount of (i) at least CAN $2,000,000 or (ii) the amount equal to all Canadian Facility Outstandings, or (iii) such other amount as necessary to comply with Section 4.01(a) or 4.07.


More Definitions of Canadian Facility Loans

Canadian Facility Loans means any borrowing pursuant to a Canadian Facility Advance under the Canadian Facility in accordance with the terms of SECTION 4.01 or 4.
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Related to Canadian Facility Loans

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

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • 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

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

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Revolving Loans as defined in Section 2.4(a).

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 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.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

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

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Credit Loans as defined in Section 2.1.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Swingline Loans as defined in Section 2.6.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.

  • New Revolving Loans as defined in Section 2.25.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).