Canadian Intercompany Loan definition

Canadian Intercompany Loan means the loan made by the US Borrower to the Canadian Borrower prior to the Original Effective Date in the aggregate principal amount of $17,323,877, as of the Original Effective Date, and assigned by the US Borrower to Subco.
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Canadian Intercompany Loan shall have the meaning provided in -------------------------- Section 5.05(a).
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Canadian Intercompany Loan shall have the meaning provided in the definition of “Foreign Restructuring Transactions”.
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Examples of Canadian Intercompany Loan in a sentence

  • The proceeds of the Term Loans will be used only to finance the Miranda Acquisition (including fees, costs and expenses associated therewith and repayment of the Existing Miranda Debt Facility) indirectly through the Canadian Intercompany Loan.


More Definitions of Canadian Intercompany Loan

Canadian Intercompany Loan means a loan made by Administrative Borrower to Canadian Guarantor on the Closing Date in an amount sufficient to pay in full all obligations of Canadian Guarantor to the Prior Lenders but in any event not exceeding $1,825,000. The Canadian Intercompany Loan shall remain fully outstanding until, and shall be due and payable on, the date of termination of this Agreement, whether by its terms, by prepayment, or by acceleration.
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Canadian Intercompany Loan shall have the meaning provided in Section 5.05(a).
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Canadian Intercompany Loan means a loan or loans made by Administrative Borrower to Canadian Guarantor from time to time pursuant to the Canadian Intercompany Note in an aggregate principal amount outstanding not to exceed the Canadian Guarantor Base at any time.
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Canadian Intercompany Loan means that certain loan in a maximum aggregate principal amount of CAD250,000,000 to be made by the Canadian Borrower to Belden Canada in connection with the Miranda Acquisition by lending proceeds of the Term Loans; the proceeds of such intercompany loan shall be used by Belden Canada to fund a portion of the purchase price for the Miranda Acquisition.
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Related to Canadian Intercompany Loan

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Canadian Pledge Agreement means a pledge agreement in a form to be agreed upon, and to be executed in favor of the Canadian Administrative Agent, for the benefit of the holders of the Canadian Borrower Obligations, by the Canadian Borrower and each Canadian Guarantor, as amended or modified from time to time in accordance with the terms hereof.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Canadian Obligations means all Obligations owing by the Canadian Borrower.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Canadian Collateral means any and all property owned, leased or operated by a Person covered by the Canadian Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Canadian Security Documents means the Canadian Security Agreement, any share pledge agreement governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations, and each other agreement, document or instrument executed by any Loan Party governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;

  • 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).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) from the Bank or the Transferred Subsidiaries.