Canadian Orders definition

Canadian Orders means, collectively, (i) any order entered by the Canadian Court in respect of the Termination Payment and the reimbursement of Transaction Expenses, (ii) any order entered by the Canadian Court in respect of this Commitment Agreement, (iii) the Circular Order and (iv) the Sanction Order.
Sample 1Sample 2Sample 3
Canadian Orders means, collectively, the Initial Recognition Order and, the Final DIP Recognition Order, and separately, the Initial Recognition Order or, the Final DIP Recognition Order, as the context requires.
Sample 1Sample 2
Canadian Orders means the Chapter 11 Recognition Order, the DIP Recognition Order, the Final DIP Recognition Order and any other orders made by the Canadian Court in the Canadian Proceedings from time to time.
Sample 1Sample 2

Examples of Canadian Orders in a sentence

  • The Borrower will use the proceeds of the Loans solely in compliance with Section 6.9 of this Agreement, the Orders and the Canadian Orders.

  • Agent’s Liens on the Collateral (created pursuant to the Loan Documents together with the Orders and held for the benefit of the Secured Parties) will be legal, valid, enforceable, perfected, first priority Liens, subject as to priority with respect to the ABL Priority Collateral, the terms of the DIP Intercreditor Agreement and Permitted Prior Liens, upon entry of the First Interim DIP Order, Second Interim DIP Order or Final DIP Order, as applicable, and the Canadian Orders.

  • Here, the Monitor asks the Court to provide “additional assistance” under § 1507, specifically an order enforcing the Canadian Orders in the United States.

  • The Canadian Orders specifically include provisions requesting aid, recognition and assistance by U.S. courts in carrying out the terms of the orders.

  • The only issue here arises from the inclusion in the Canadian Orders of a very broad third-party non-debtor release and injunction.

  • Rest assured, when there’s something to say, we will say it to our shareholders first.

  • Principles of comity in chapter 15 cases support enforcement of the Canadian Orders in the United States whether or not the same relief could be ordered in a plenary case under chapter 11.

  • Pursuant to the terms of the First Interim DIP Order, Second Interim DIP Order and/or Final DIP Order, and the Canadian Orders, no filing or other action will be necessary to perfect or protect such Liens and security interests on the Collateral.

  • Without limiting the generality of the foregoing, each Lender hereby authorizes Agent and the Requisite Lenders to consent, on behalf of each Lender, to an Interim Order substantially in the form attached as Exhibit I, a Final Order and the Canadian Orders.

  • The Ontario Court has also granted the Monitor’s motion to make a final cash distribution to the Noteholders.The Monitor seeks recognition of the Canadian Proceedings as a foreign main proceeding under Bankruptcy Code § 1517, and also seeks an order enforcing the Canadian Orders in the United States.


More Definitions of Canadian Orders

Canadian Orders means the Canadian Sale and Vesting Order and all other Orders sought by Canadian Seller in the Canadian Proceedings relating to this Agreement and the transactions contemplated therein.
Sample 1Sample 2
Canadian Orders as applicable, and as the context may require, the Canadian Initial Recognition Order, the Canadian Interim DIP Recognition Order, the Canadian Final DIP Recognition Order and/or the Canadian Supplemental Order, whichever is then applicable, or collectively.
Sample 1
Canadian Orders means, collectively, the Canadian Interim Order, the Canadian Final Order and the Canadian Stay Order.
Sample 1
Canadian Orders shall have the meaning provided in Section 3.01(f).
Sample 1

Related to Canadian Orders

  • Canadian Court means the Ontario Superior Court of Justice (Commercial List).

  • Dollar Letters of Credit means Letters of Credit that utilize the Dollar Commitments.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

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

  • 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.

  • Trade Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • 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.

  • 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 Borrowers has the meaning specified in the preamble to this Agreement.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

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

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Canadian Dollar means the lawful currency of Canada.

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

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

  • Swingline Loans as defined in Section 2.6.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • 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.