Examples of Canadian LC Reserve in a sentence
Canadian Availability Reserves: the sum (without duplication) of (a) the aggregate amount of the Canadian Rent Reserve, if any, established pursuant to clause (h) of the definition of Canadian Eligible Inventory; (b) the Canadian LC Reserve; (c) the Canadian Bank Product Reserve; (d) the Canadian Priority Payables Reserve; and (e) such additional reserves, in such amounts and with respect to such matters, as the Agent may establish in its Permitted Discretion.
If, at any time, the unpaid balance of the Canadian Revolving Loans plus the Canadian L/C Reserve plus the Canadian F/X Reserve exceeds the Canadian Borrowing Base, then the Canadian Lenders may refuse to make or otherwise restrict Canadian Revolving Loans and/or Letters of Credit and/or F/X Transactions, on such terms as the Canadian Lenders determine until such excess has been eliminated and the Canadian Borrower shall immediately repay to the Canadian Lenders an amount equal to such excess.
For example, while middle school philosophy proposes, and educators are using, curriculum integration, the usefulness of the approach may be drawn into question.
LC Reserve: the Australian LC Reserve, the Belgian LC Reserve, the Canadian LC Reserve, the Dutch LC Reserve, the New Zealand LC Reserve, the Norwegian LC Reserve, the Singapore LC Reserve, the UK LC Reserve and/or the U.S. LC Reserve, as the context requires.
In particular, the purchased securities include: i) covered bonds (purchased under the CBPP3), ii) asset-backed securities (purchased under the ABSPP), iii) nominal and inflation-linked central government bonds (purchased under the PSPP), iv) bonds issued by recognized agencies, regional and local governments, international organizations, and multilateral development banks located in the euro area (purchased under the PSPP), andv) corporate sector bonds (purchased under the CSPP) [11].
Administrative Agent shall maintain records enabling it to determine the amounts paid over to it and deposited in the Canadian LC Reserve Accounts in respect of each Canadian Letter of Credit and the amounts on deposit in respect of each Canadian Letter of Credit attributable to each Lender’s CAM Percentage.
Canadian Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the aggregate amount of Canadian Revolver Commitments minus the Canadian LC Reserve; or (b) the Canadian Accounts Formula Amount minus the Canadian Availability Reserve.
By looking at the context, they may for instance prevent themselves from panning into regions where there are no items lo- cated.
In addition, and without limiting the generality of the foregoing, the Canadian Borrower shall pay to the Canadian Lender on demand, the amount by which the unpaid principal balance of the Canadian Revolving Loans plus the Canadian L/C Reserve at any time exceeds the ---- Canadian Borrowing Base or the unpaid balance of Canadian Revolving Loans plus the face amount of all Letters of Credit under the Canadian Revolving Credit Facility exceeds the Maximum Canadian Revolving Credit Line, at such time.
Administrative Agent shall deposit in each Lender’s Canadian LC Reserve Account such Lender’s CAM Percentage of the amounts received from the Canadian Lenders as provided above.