Canadian Lease definition

Canadian Lease means the Lease Agreement, dated as of January 1, 2003, between the Canadian Subsidiary and Old Oak Properties Inc., relating to the Canadian Leased Property, together with the Lease Amending Agreement in the form provided to Purchaser (or with such changes as are consented to by Purchaser, such consent not to be unreasonably withheld) if it is executed prior to the Closing.
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Canadian Lease means that certain Lease dated July 26, 2012, by and between Georgian Properties Corporation andEmerson Electric Canada Ltd. (o/a Closetmaid Canada), as amended by that certain Lease Amending and Extension Agreement dated February 13, 2015 relating to the Leased Real Property located at Unit 9, 1215 Meyerside Drive, Mississauga, Ontario, Canada.
Sample 1
Canadian Lease is a lease for the office and warehouse (the "Canadian Property") located at 0000 Xxxxxxx Xxxx, Xxxxxx, Xxxxxxx, Xxxxxx X0X 383. Schedule 2.10 is a list of all the documents evidencing the Canadian Lease. Copies of these documents have been given to Purchaser.
Sample 1

Examples of Canadian Lease in a sentence

  • Seller has made available to Purchaser a true and complete copy of the Canadian Lease.

  • Neither the Canadian Subsidiary nor, to the knowledge of Seller and the Canadian Subsidiary, any other party to such lease is in breach or default in any material respect of such lease, and, to the knowledge of Seller and the Canadian Subsidiary, no event has occurred that, with notice or lapse of time, or both, would constitute a material Violation under such Canadian Lease.

  • The Canadian Lease is legal, valid, binding, enforceable and in full force and effect and represents the entire agreement between the landlord and the Canadian Subsidiary with respect to such property.

  • Each Seller has duly performed in all material respects and is in compliance in all material respect with all its obligations under the Assumed Contracts and the Canadian Lease.

  • If there exists any Event of Default (as such term is defined in the Canadian Lease) under the terms of the Canadian Lease; provided, that the provisions of this Section 15.01(g) shall not be applicable if the Canadian Lease has been assigned or otherwise transferred to an unrelated third party by the landlord thereunder in accordance with the provisions of the Canadian Lease.

  • True, correct and complete copies of the Assumed Contracts (and written summaries of the terms of any oral Assumed Contract) and the Canadian Lease have been provided to Buyers, together with all amendments, supplements or modifications thereto.

  • Coverage that can be subsidized must meet some conditions: 1) employers must contribute 40 percent of the cost; 2) the benefit package must meet an actuarial equivalency test to the CHIP coverage or children are eligible for supplemental benefits and cost- sharing protections; and 3) subsidies may not be used to purchase high deductible plans and/or benefits provided under flexible health spending accounts.

  • Angela.In Attendance: Assistant Town Clerk, Assistant Chief Officer (Housing and Property), Assistant Chief Officer (Income), Democratic Services Officer.

  • The Insurance Policies are all the liability and other insurance necessary with respect to the Property, Products, Introductory Sizes, operation of the Distribution Network, and the use of the Facilities, Equipment, and the property subject to the Canadian Lease.

  • The Canadian Lease and each Assumed Contract is legal, valid, binding and in full force and effect, except as to enforcement may be limited by bankruptcy, insolvency or other similar laws affecting the rights and remedies of creditors generally and the general principles of equity.


More Definitions of Canadian Lease

Canadian Lease means that certain Lease dated July 26, 2012, by and between Georgian Properties Corporation and Xxxxxxx Electric Canada Ltd. (o/a Closetmaid Canada), as amended by that certain Lease Amending and Extension Agreement dated February 13, 2015 relating to the Leased Real Property located at Xxxx 0, 0000 Xxxxxxxxx Xxxxx, Xxxxxxxxxxx, Xxxxxxx, Xxxxxx.
Sample 1
Canadian Lease means a Lease with a Lessee for which a Canadian address is referenced on the Lease.
Sample 1
Canadian Lease means that certain Master Land and Building Lease, dated on or about the date hereof, between FORT-NOM HOLDINGS (ONQC) INC., as Landlord, and Forterra Pipe & Precast, Ltd., an Ontario corporation, Forterra Pressure Pipe Inc., a Quebec corporation and Forterra Pipe & Precast Québec Ltd., a Quebec company, collectively, as Tenant, covering the Canadian Demised Properties.
Sample 1

Related to Canadian Lease

  • Canadian Letter of Credit means any letter of credit issued by the Canadian Lender pursuant to Section 2.03. A Canadian Letter of Credit may be a commercial letter of credit or a standby letter of credit. No Letter of Credit shall be or become a Canadian Letter of Credit.

  • 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.

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

  • Bankers’ Acceptance means a time draft or xxxx of exchange or other deferred payment obligation relating to a Commercial Letter of Credit which has been accepted by the L/C Issuer.

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

  • Letter of Credit Collateral has the meaning provided in Section 6.4.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • 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.

  • Letter of Credit Liabilities means, for any Bank and at any time, such Bank's ratable participation in the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for drawing under all Letters of Credit.

  • Letter of Credit Liability means, all reimbursement and other liabilities of Borrower or any of its Subsidiaries with respect to each Lender Letter of Credit, whether contingent or otherwise, including: (a) the amount available to be drawn or which may become available to be drawn; (b) all amounts which have been paid or made available by any Lender issuing a Lender Letter of Credit or any bank issuing a Bank Letter of Credit to the extent not reimbursed; and (c) all unpaid interest, fees and expenses related thereto.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Facility Letter of Credit Fee is defined in Section 2A.8.

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

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

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Letter of Credit Limit means $5,000,000.

  • U.S. Letter of Credit means any Letter of Credit issued hereunder for the purpose of providing credit support for any U.S. Borrower, any Domestic Subsidiary or any Foreign Subsidiary.

  • Letter of Credit Agreements means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with the Issuing Bank relating to any Letter of Credit.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Revolving Letter of Credit means each letter of credit issued pursuant to Section 3.1(a)(i) (including DIP Revolving Letters of Credit deemed issued as Revolving Letters of Credit pursuant to Section 3.10).

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the Borrowers' obligations to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • 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.