Canadian Lender definition

Canadian Lender means a Lender that has a Canadian Revolving Credit Commitment. For the avoidance of doubt, unless the Agent shall otherwise approve, each Canadian Lender shall be (a) a Canadian Resident, or (b) if it is not a Canadian Resident, it is also not a foreign bank for purposes of the Bank Act (Canada).

Canadian Lender. Export Development Canada, a corporation established pursuant to the laws of Canada, and its successors and assigns.

Canadian Lender means each Lender that has a Canadian Commitment or, if applicable, the Canadian Lending Installation of any Lender that has a Canadian Commitment; provided, however, that (i) if a Canadian Commitment is being provided by a Canadian Lending Installation of any Lender, then, except as specifically set forth in this Agreement, such Lender and its Canadian Lending Installation shall constitute a single “Lender” under this Agreement and the other Loan Documents, provided further that, notwithstanding the foregoing, to the extent a Canadian Commitment is being provided by a Canadian Lending Installation of any Lender, each such Canadian Lending Installation shall be entitled to all of the benefits, indemnifications and protections set forth in this Agreement or any other Loan Document, including, but not limited to, those set forth in Article III, Section 11.01 and Section 11.02, and (ii) no Lender, and no Canadian Lending Installation of any Lender, may be or become a Canadian Lender hereunder unless such Lender or the Canadian Lending Installation of such Lender, as the case may be, is (x) a resident of Canada within the meaning of the Income Tax Act (Canada) for the purposes of the withholding tax provisions in Part XIII of the Income Tax Act (Canada) or (y) an “authorized foreign bank” as defined in Section 2 of the Bank Act (Canada), or (z) is a Person whose lending activities are not regulated by the Bank Act (Canada).

Examples of Canadian Lender in a sentence

• In consideration for each of the Treasury and the Canadian Lender making available its Commitment and making its Loans, on the Closing Date the Borrower shall issue to the Treasury and the Canadian Lender the Additional Notes referred to in Section 4.1(b).

• For the avoidance of doubt, this Section 8.7 shall not include any payment or collateral received by the Canadian Lender and its nominees, participants and assigns pursuant to the obligations under the Canadian Facility.

• Xxxxxxxxx Telecopy: 000-000-0000 Telephone: 000-000-0000 Canadian Lender: Export Development Canada 000 X’Xxxxxx Xxxxxx Ottawa, Ontario Canada K1A 1K3 Attention: Loans Services Telecopy: 000-000-0000 with a copy to: Export Development Canada 151 O’Xxxxxx Xxxxxx Xxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Attention: Asset Management/Covenants Officer Telecopy: 000-000-0000 with a copy to: Xxxxxx Price P.C. 0000 Xxxxxxxx 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxx Xxxxxxx and Xxxxxxx X.

• Xxxxxxxxx Telecopy: 000-000-0000 Telephone: 000-000-0000 Canadian Lender: Export Development Canada 000 X’Xxxxxx Xxxxxx Ottawa, Ontario Canada K1A 1K3 Attention: Loans Services Telecopy: 000-000-0000 with a copy to: Export Development Canada 151 O’Xxxxxx Xxxxxx Xxxxxx, Xxxxxxx Xxxxxx X0X 0X0 Attention: Asset Management/Covenants Officer Telecopy: 000-000-0000 provided that any notice, request or demand to or upon the Lenders shall not be effective until received.

• The provisions of this Section do not constitute a consent to the incurrence of any Indebtedness by any Group Member not permitted by Section 6.3. The Borrower shall cause Chrysler Canada to concurrently make prepayments to the Canadian Lender of the Canadian Loans and reductions of the Canadian Commitment in an aggregate amount equal to the Canadian Lender’s Pro Rata Share of the Net Cash Proceeds of any Indebtedness described in clause (ii).

More Definitions of Canadian Lender

Canadian Lender means Congress Financial Corporation (Canada), an Ontario corporation, and its successors and assigns.

Canadian Lender means any "Lender" as defined in the Canadian Credit Agreement.

Canadian Lender means any Lender which, whether directly or through an Affiliate of such Lender, can make Canadian Advances hereunder free of withholding taxes of Canada and that is designated from time to time by the Agent and the Company, with the consent of such Lender, as a Canadian Lender.

Canadian Lender as defined in Schedule 1.7.

Canadian Lender means Bank of Montreal, in its capacity as provider of Canadian Loans and Canadian Letters of Credit, or any successor lender of Canadian Loans or Canadian Letters of Credit hereunder.

Canadian Lender means a Lender with a Canadian Commitment or Canadian Revolving Credit Exposure.

Canadian Lender means each lender signatory hereto with (i) prior to the Termination Date, a Canadian Commitment and (ii) on and after the Termination Date, any outstanding Canadian Obligations.