Canadian Letter of Credit Fee definition

Canadian Letter of Credit Fee shall have the meaning provided in Section 4.1(d).
Canadian Letter of Credit Fee has the meaning specified in Section 3.04(i).
Canadian Letter of Credit Fee is defined in Section 2.5(b).

Examples of Canadian Letter of Credit Fee in a sentence

  • Canadian Borrower shall pay Agent (for the ratable benefit of the Revolving Lenders with a Canadian Revolver Commitment), a Letter of Credit fee (the "Canadian Letter of Credit Fee") (which fee shall be in addition to the fees, charges, commissions, and costs set forth in Section 2.11B(j)) that shall accrue at a per annum rate equal to the Non-Base Rate Margin times the undrawn amount of all outstanding Canadian Letters of Credit.


More Definitions of Canadian Letter of Credit Fee

Canadian Letter of Credit Fee has the meaning specified therefor in Section 2.6(b) of the Agreement.
Canadian Letter of Credit Fee shall have the meaning assigned to such term in Section 2.05(d).
Canadian Letter of Credit Fee has the meaning ascribed to it in Annex C.
Canadian Letter of Credit Fee payable with respect to each Canadian Letter of Credit in the currency in which it is denominated, determined at a rate per annum equal to the Applicable Margin for Canadian US$ Libor Loans from time to time in effect during such quarter (provided, however, that with respect to Performance Letters of Credit, such Applicable Margin shall be multiplied by 0.50), multiplied by the average daily amount of the aggregate Canadian L/C Obligations during such quarter calculated on the basis of a 360 day year and actual days elapsed; provided that the minimum fee for each such Canadian Letter of Credit shall be US$350. In addition, Canadian Borrower shall pay to Canadian Issuing Bank, in connection with each Canadian Letter of Credit, the Canadian Issuing Bank’s standard issuance and administrative fees and expenses for Letters of Credit issued by it. 66
Canadian Letter of Credit Fee has the meaning specified in Section 2.03(i). [Published CUSIP Number: ____]
Canadian Letter of Credit Fee as defined in Section 3.2.2(b). -7- \8885650.14 Canadian Letter of Credit Subline: $2,000,000. Canadian Obligations: on any date, the portion of the Obligations outstanding that are owing by Canadian Borrower or any other Canadian Obligor.
Canadian Letter of Credit Fee shall have the meaning provided in Section 2.03(j).