Canadian Revolving Credit Loan definition

Canadian Revolving Credit Loan shall have the meaning provided in Section 2.1(a).
Canadian Revolving Credit Loan means any revolving loan denominated in Canadian Dollars made to the Canadian Borrower pursuant to Section 2.1, and all such revolving loans collectively as the context requires.
Canadian Revolving Credit Loan as defined in subsection 5.1.

Examples of Canadian Revolving Credit Loan in a sentence

  • Any Canadian Revolving Credit Loan or any portion thereof as to which the Canadian Borrower has not duly specified an interest rate as provided herein shall be deemed a Canadian Base Rate Loan.

  • Except to the extent that any of the events contemplated by paragraph (i) of Section 15 with respect to the Canadian Borrower has occurred and is then continuing, each Canadian Lender shall be obligated to make the Canadian Revolving Credit Loan contemplated by this subsection 6.5(b)(iii) regardless of whether the conditions precedent to borrowing set forth in this Agreement are then satisfied.

  • Except to the extent that any of the events contemplated by paragraph (i) of Section 16 with respect to the Canadian Borrower has occurred and is then continuing, each Canadian Lender shall be obligated to make the Canadian Revolving Credit Loan contemplated by this subsection 6.5(b)(iii) regardless of whether the conditions precedent to borrowing set forth in this Agreement are then satisfied.

  • The foregoing notwithstanding, Agent, and following a refunding of the Canadian Revolving Credit Loan and U.K. Revolving Credit Loan in accordance with Sections 3.13 and 3.14, Canadian Agent or U.K. Agent, as applicable, in its sole - discretion, may from its own funds make a Revolving Credit Loan on behalf of the applicable Lenders, including by means of Swingline Loans to U.S. Borrower.

  • Any reduction of Revolving Credit Loan Commitments shall be pro --- rata to the U.S. Revolving Credit Loan Commitment, U.K. Revolving Credit Loan - Commitment and Canadian Revolving Credit Loan Commitment.


More Definitions of Canadian Revolving Credit Loan

Canadian Revolving Credit Loan has the meaning specified in Section 2.01(b) and shall be deemed to include any Canadian Overadvance Loan and, to the extent attributed to the Canadian Collateral in the AgentsCredit Judgment, Protective Advance made hereunder.
Canadian Revolving Credit Loan means any revolving loan denominated in Canadian Dollars made to the Canadian Borrowers pursuant to Section 2.1, and all such revolving loans collectively as the context requires, and shall include any Extended Revolving Credit Loans, any Refinancing Revolving Loans and any loans made pursuant to an Incremental Revolving Credit Facility Increase, in each case, related to such loans.
Canadian Revolving Credit Loan a revolving credit loan under the Canadian Revolving Credit Facility or the purchase of a Bankers’ Acceptance under the Canadian Revolving Credit Facility and made by a Canadian Revolving Credit Lender for the account of a Canadian Revolving Credit Borrower as part of a Canadian Revolving Credit Borrowing.
Canadian Revolving Credit Loan as defined in Section 3.1.
Canadian Revolving Credit Loan a Loan made by a Canadian Revolving Credit Lender to a Canadian Borrower pursuant to Section 2.1(a), any Canadian Swingline Loans made pursuant to Section 2.23 and any Loan made by a Canadian Revolving Credit Lender pursuant to an Extended Revolving Credit Commitment or Incremental Revolving Commitment. Each Canadian Revolving Credit Loan (other than a Canadian Swingline Loan) shall be a Canadian Prime Rate Loan or a BA Equivalent Rate Loan (if in Canadian Dollars) or a Canadian Base Rate Loan or a EurodollarTerm SOFR Loan (if in US Dollars).
Canadian Revolving Credit Loan. (s)" - collectively, revolving credit loans made to the Canadian Borrower by the Canadian Banks pursuant to Section 2.1.2 hereof.