Canadian Loan Guarantors means, individually or collectively as the context may require: (a) the entities listed on the Loan Party Schedule attached hereto under the heading “Canadian Loan Guarantors,” (b) each Canadian Borrower (in respect of each other Canadian Borrower’s obligations), (c) any Canadian Subsidiary or CFC Subsidiary Holding Company that, after the Fourth Restatement Date, guarantees the payment of the Canadian Obligations (but not the U.S. Obligations) pursuant to Section 5.13 and (d) the successors and assigns of the Persons described in clauses (a) through (c) of this definition, including without limitation, any entity resulting from an amalgamation between any such Person and any other Person to the extent permitted by this Agreement; provided, however, that for the avoidance of doubt, “Canadian Loan Guarantors” shall not include (i) WESCO Distribution III ULC or any of its subsidiaries or (ii) any Dutch Subsidiary.
Canadian Loan Guarantors means (i) Holdings, (ii) the Subsidiary Guarantors, (iii) the US Borrower and (iv) solely with respect to Canadian Secured Hedging Obligations and Canadian Secured Banking Services Obligations, the Canadian Borrower.
Canadian Loan Guarantors means, each of, and collectively, 3683371 Canada Inc., a Canadian corporation, Insight Canada Inc., an Ontario corporation, Insight Direct Canada, Inc., a Canadian corporation, PCM Ventes Canada, Inc. / PCM Sales Canada, Inc., a Quebec corporation, Acrodex Inc., an Alberta corporation and any other Restricted Subsidiary of Insight organized under applicable law of Canada or any province or territory of Canada which becomes a party to this Agreement pursuant to a Joinder Agreement and their successors and assigns, and the term “Canadian Loan Guarantor” means any one of them or all of them individually, as the context may require. For the avoidance of doubt, Canadian Loan Guarantors shall not include any Excluded Subsidiary.
Examples of Canadian Loan Guarantors in a sentence
Upon entry into a joinder to the U.S. Security Agreement, each of Anixter Holdings, LLC (f/k/a Anixter Holdings, Inc.) and XpressConnect Supply, LLC (f/k/a XpressConnect Supply, Inc.) shall (i) become U.S. Loan Guarantors and (ii) automatically and irrevocably be released from any and all obligations as Canadian Loan Guarantors under the Loan Documents, including, without limitation, the Canadian Guarantee, the Canadian Security Agreement and any other Canadian Loan Document.
More Definitions of Canadian Loan Guarantors
Canadian Loan Guarantors means, individually or collectively as the context may require (a) WESCO Distribution II ULC, an entity organized under the laws of Nova Scotia and WESCO Distribution Canada GP Inc., an entity organized under the laws of Nova Scotia, (b) any Canadian Subsidiary that becomes a party to this Agreement after the Effective Date pursuant to a Joinder Agreement and guarantees the payment of the Canadian Obligations (but not the U.S. Obligations) pursuant to Section 5.13 and (c) the successors and assigns of the Persons described in clauses (a) and (b) of this definition.
Canadian Loan Guarantors means, individually or collectively as the context may require (a) WESCO Distribution Canada GP Inc., an entity organized under the laws of Ontario, (b) the Canadian Borrowers (in respect of the other’s obligations), (c) WESCO Canada I, LP, a limited partnership organized under the laws of Alberta, (d) WESCO Canada II, LP, a limited partnership organized under the laws of Alberta, (e) WESCO Holdings, LLC, a limited liability company organized under the laws of Delaware, (f) WECOL Holdings ULC, an entity organized under the laws of Alberta, (g) EECOL Properties Corp., a corporation organized under the laws of Alberta, (h) any Canadian Subsidiary or CFC Subsidiary Holding Company that, after the Second Restatement Date, guarantees the payment of the Canadian Obligations (but not the U.S. Obligations) pursuant to Section 5.13 and (i) the successors and assigns of the Persons described in clauses (a) through (h) of this definition, including without limitation, any entity resulting from an amalgamation between any such Person and any other Person to the extent permitted by this Agreement.
Canadian Loan Guarantors means, individually or collectively as the context may require (a) each Canadian Borrower, Can-Am Logistics Inc., an entity organized under the laws of Ontario, Vitran Logistics Limited, an entity organized under the laws of Ontario, Expediteur T.W. Ltée, an entity organized under the laws of Canada, 1833660 Ontario Inc., an entity organized under the laws of Ontario, 1098304 Ontario Inc., an entity organized under the laws of Ontario, Xxxxx Holdings, Inc., an entity organized under the laws of Ontario, Rout-Way Express Lines Ltd., an entity organized under the laws of Canada, 1277050 Alberta Inc., an entity organized under the laws of Alberta, Southern Express Lines of Ontario Limited, an entity organized under the laws of Ontario, Vitran Environmental System Inc., an entity organized under the laws of Ontario and 0772703 BC Ltd., an entity organized under the laws of British Columbia, (b) any Canadian Subsidiary that becomes a party to this Agreement after the Effective Date pursuant to a Joinder Agreement and delivers a Canadian Guarantee and guarantees the payment of the Obligations pursuant to Section 5.13, and (c) the successors and assigns of the Persons described in clauses (a) and (b) of this definition.
Canadian Loan Guarantors means, individually or collectively, as the context may require, the Canadian Borrowers, any other Canadian Subsidiary of a Loan Party who becomes a party to this Agreement pursuant to a Joinder Agreement, and, in each case, their respective successors and assigns. “Canadian Loan Party” means, individually or collectively, as the context may require, the Canadian Borrowers and the Canadian Loan Guarantors. “Canadian Pension Event” means (a) any Loan Party shall, directly or indirectly, terminate or cause to terminate, in whole or in part, or initiate the termination of, in whole or in part, any Canadian Defined Benefit Pension Plan so as to result in any liability; (b) any Loan Party shall fail to make minimum required contributions to amortize any funding deficiencies under a Canadian Defined Benefit Pension Plan within the time period set out in applicable laws or fail to make a required contribution under any Canadian Pension Plan which could result in the imposition of a Lien upon the assets of any Loan Party; or (c) any Loan Party makes any improper withdrawals or applications of assets of a Canadian Pension Plan. “Canadian Pension Plans” means each pension plan required to be registered under Canadian federal or provincial pension standards legislation that is administered or contributed to by a Loan Party or any Subsidiary of any Loan Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively. “Canadian Prime Rate” means, on any day, the rate determined by the Administrative Agent to be the higher of (i) the rate equal to the PRIMCAN Index rate that appears on the Bloomberg screen at 10:15 a.m. Toronto time on such day (or, in the event that the PRIMCAN Index is not published by Bloomberg, any other information services that publishes such index from time to time, as selected by the Administrative Agent in its reasonable discretion) and (ii) the average rate for thirty (30) day Canadian dollar bankers’ acceptances that appears on the Reuters Screen CDOR Page (or, in the event such rate does not appear on such page or screen, on any successor or substitute page or screen that displays such rate, or on the appropriate page of such other information service that publishes such rate from time to time, as selected by the Administrative Agent in its reasonable discretion) at 10:15 a.m. Toronto time on such day, plus 1...
Canadian Loan Guarantors means, individually or collectively as the context may require (a) WESCO Distribution Canada GP Inc., an entity organized under the laws of Nova Scotia, (b) the Canadian Borrowers (in respect of the other’s obligations), (c) New Canada LP I, a limited partnership organized under the laws of Alberta, (d) New Canada XX XX, a limited partnership organized under the laws of Alberta, (e) WESCO Holdings, LLC, a limited liability company organized under the laws of Delaware, (f) from and after the EECOL Acquisition Closing Date and the compliance by the Loan Parties with Section 5.13(g), each EECOL Acquired Entity, (g) any Canadian Subsidiary (other than the EECOL Acquired Entities) or CFC Subsidiary Holding Company that becomes a party to this Agreement after the Restatement Date pursuant to a Joinder Agreement and guarantees the payment of the Canadian Obligations (but not the U.S. Obligations) pursuant to Section 5.13 and (h) the successors and assigns of the Persons described in clauses (a) through (g) of this definition, including without limitation, any entity resulting from an amalgamation (including without limitation, a Post-Closing Amalgamation) between any such Person and any other Person to the extent permitted by this Agreement.