Canadian Funding Bank definition

Canadian Funding Bank means any Canadian Lender in its capacity as a funding bank for and seller of Canadian Loan Participations to Participating Lenders in respect of Canadian Revolving Loans. The initial Canadian Funding Banks as of the Agreement Date are (a) the Canadian Bank, (b) unless otherwise agreed by the Canadian Bank and UBS AG Canada Branch, UBS AG Canada Branch and (c) unless otherwise agreed by the Canadian Bank and Wachovia Capital Finance Corporation (Canada), Wachovia Capital Finance Corporation (Canada).
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Canadian Funding Bank means Chase Canada, and any successor to Chase Canada, acting in such capacity.
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Canadian Funding Bank at any time, the Bank or Banks which at that --------------------- time are obligated, subject to the terms of this Agreement, to make Canadian Dollar Loans under the Canadian Dollar Commitments or, after the Canadian Dollar Commitments are terminated, have any Canadian Dollar Loans then outstanding.
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Examples of Canadian Funding Bank in a sentence

  • The provisions of this Section 2.20 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent, the Canadian Funding Bank or any Lender in reliance upon such payment or application of proceeds.

  • Anything contained herein to the contrary notwithstanding, in the event a breach by any Lender (including any Canadian Funding Bank) of its obligations owing to another Lender (including any Canadian Funding Bank) under this Section 13.17 shall cause any losses of such other Lender, the Obligors shall not be liable for any of such losses and shall not be obligated to indemnify such other Lender for any of such losses.

  • The Administrative Agent shall have received a notice setting forth the deposit account of the Borrowers and the Canadian deposit account of the Canadian Borrower (domiciled in Canada) (the “Funding Account”) to which the Administrative Agent, Canadian Funding Bank or any Lender is authorized by the Borrowers and the Canadian Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • The Canadian Funding Bank, to the extent any of its functions, actions or obligations under this Agreement, including, the administration of any Loans, shall be afforded the same protections, agreements, etc.

  • Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent and (in the case of a Borrowing under the Canadian Subfacility) the Canadian Funding Bank of a written Borrowing Request in a form approved by the Administrative Agent and the (in the case of a Borrowing under the Canadian Subfacility) Canadian Funding Bank and signed by the Administrative Borrower.

  • If such Lender pays such amount to the Administrative Agent or the Canadian Funding Bank, as applicable, then such amount shall constitute such Lender’s Loan included in such Borrowing.

  • To request a Canadian Swingline Loan, the Administrative Borrower shall notify the Administrative Agent and the Canadian Funding Bank of such request by telephone (confirmed by facsimile), not later than 1:00 p.m., Chicago time, on the day of a proposed Canadian Swingline Loan.

  • Although, as the Claimants’ assert, Khan may have intended to merge the two licenses and informal discussions regarding a potential merger may have taken place, the Tribunal must take the situation as it was at the time of the Respondents’ allegedly wrongful acts, which is that the Mining and Exploration Licenses were not in fact merged ...

  • Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent and the Canadian Funding Bank, as applicable shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.

  • The Canadian Borrower shall pay to the Canadian Funding Bank, for the ratable benefit of the Canadian Lenders, in accordance with this Subsection 2.13(f), interest accrued on all Canadian Prime Rate Loans and CDOR Loans (which shall be payable by the Canadian Funding Bank to the Canadian Lenders on the next Business Day after payment by the Canadian Borrower).


More Definitions of Canadian Funding Bank

Canadian Funding Bank means the reference to Bank of America - Canada Branch and its successors and assigns acting as the Canadian Funding Bank hereunder pursuant to Section 2.8(a).
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Canadian Funding Bank means the collective reference to the Canadian Bank and its successors and assigns acting as the Canadian Funding Bank hereunder.
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Related to Canadian Funding Bank

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

  • 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 Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Canadian Borrower as defined in the preamble hereto.

  • Exiting Lender see Section 2.17.7.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • 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.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial