Canadian Rate Advance definition

Canadian Rate Advance means an Advance in CDollars to which the Canadian Rate is applicable.
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Canadian Rate Advance. - means an Advance in CDollars to which the Canadian Rate is applicable.
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Examples of Canadian Rate Advance in a sentence

  • The Canadian Borrower shall be deemed to have given at such time a Notice of Borrowing to the Administrative Agent requesting a Canadian Rate Advance and a US Base Rate Advance, as applicable, under the Facility A Credit in an amount equal to the portion of the Swingline Loan owing by the Canadian Borrower and to be repaid as specified by the Swingline Lender.

  • The Borrower acknowledges, agrees and confirms with the Lenders that the records of each Lender in respect of payment of any Bankers' Acceptance by such Lender shall be binding on the Borrower and shall be conclusive evidence (in the absence of manifest error) of a Canadian Rate Advance to the Borrower and of an amount owing by the Borrower to such Lender.

  • For instance, the US and Canada have already determined to phase out ISDS mechanism from their disputes under the new NAFTA Treaty.

Related to Canadian Rate Advance

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Canadian Prime Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the Canadian Prime Rate.