Canadian Lender Parties definition

Canadian Lender Parties means, individually and collectively as the context may require, the Canadian Administrative Agent, the Issuing Banks issuing Canadian Letters of Credit and the Canadian Lenders.
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Canadian Lender Parties means Canadian Administrative Agent, Canadian LC Issuer, and Canadian Lenders.
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Examples of Canadian Lender Parties in a sentence

  • Each Lender Party hereby appoints each other Lender Party as its agent for the purpose of perfecting Liens, for the benefit of the Lender Parties or the Canadian Lender Parties, as the case may be, in assets which, in accordance with Article 9 of the UCC, the PPSA, the Securities Transfer Act (Ontario) or any other applicable law can be perfected only by possession.

  • The (i) U.S. Protective Advances shall be secured by the Liens in favor of the Administrative Agent (for the benefit of the Lender Parties) in and to the Collateral of the U.S. Loan Parties; and (ii) Canadian Protective Advances shall be secured by the Liens in favor of the Administrative Agent (for the benefit of the Canadian Lender Parties) in and to the Collateral of the Loan Parties.

  • The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such accounts; and (x) the U.S. Borrowers hereby grant the Administrative Agent (for the benefit of the Lender Parties) a security interest in the LC Collateral Account and (y) the Canadian Borrowers hereby grant the Administrative Agent (for the benefit of the Canadian Lender Parties) a security interest in the Canadian LC Collateral Account.

  • The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such accounts; and (x) the U.S. Borrowers hereby grant the Administrative Agent (for the benefit of the Lender Parties) a security interest in the LC Collateral Account and (y) the Canadian Borrower hereby grants the Administrative Agent (for the benefit of the Canadian Lender Parties) a security interest in the Canadian LC Collateral Account.

  • The Canadian Borrower also agrees that the Canadian Lender Parties shall have no liability to it for any reason in respect of or in connection with any Canadian Letter of Credit, the issuance thereof, any payment thereunder or any other action taken by the Canadian Lender Parties, the Administrative Agent or any other Person in connection therewith, except as a result of the Canadian Lender Party’s or the Administrative Agent’s gross negligence or willful misconduct.

  • If any amount shall be paid to the Pledgor in violation of the preceding sentence, such amount shall be deemed to have been paid to the Pledgor for the benefit of, and held in trust for, the Canadian Lender Parties, and shall forthwith be paid to the Global Administrative Agent for the benefit of the Canadian Lender Parties to be credited and applied upon the Canadian Revolving Obligations and the Canadian Term Obligations, whether matured or unmatured.

  • The Grantor is the direct, sole beneficial owner and sole holder of record of the Pledged Collateral listed on Exhibit E as being owned by it, free and clear of any Liens, except for the security interest granted to the Administrative Agent for the benefit of the Canadian Lender Parties hereunder.

  • No sales of participations, assignments, transfers, or other dispositions of any agreement governing the Canadian Secured Obligations or any portion thereof or interest therein shall in any manner impair the Lien granted to the Administrative Agent, for the benefit of the Administrative Agent and the Canadian Lender Parties, hereunder.

  • The (i) U.S. Protective Advances shall be secured by the Liens in favour of the Administrative Agent (for the benefit of the U.S. Lender Parties) in and to the Collateral of the Loan Parties; and (ii) Canadian Protective Advances shall be secured by the Liens in favour of the Administrative Agent (for the benefit of the Canadian Lender Parties) in and to the Collateral of the Loan Parties.

  • The terms and provisions of this Security Agreement shall be binding upon and inure to the benefit of the Grantor, the Administrative Agent and the Canadian Lender Parties and their respective successors and assigns (including all persons who become bound as a debtor to this Security Agreement), except that Grantor shall not have the right to assign its rights or delegate its obligations under this Security Agreement or any interest herein, without the prior written consent of the Administrative Agent.

Related to Canadian Lender Parties

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

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

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

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

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5., any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • U.S. Loan Parties means, collectively, the Parent Borrower and the U.S. Subsidiary Guarantors.

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Multicurrency Lender means the Persons listed on Schedule 1.01(b) as having Multicurrency Commitments and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption that provides for it to assume a Multicurrency Commitment or to acquire Revolving Multicurrency Credit Exposure, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Canadian Borrower as defined in the preamble hereto.