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.

  • A dissenting Bancorp stockholder will be entitled to only such rights as are granted by applicable Nevada Law.

  • Upon the making of each such Canadian Revolving Credit Loan and subject to Section 3.2.6, each Canadian Participating Lender shall be deemed to have irrevocably and unconditionally purchased from the Canadian Lender, without recourse or warranty, an undivided interest and participation in each Canadian Revolving Credit Loan to the extent of such Canadian Participating Lender's Canadian Percentage thereof.

  • Each Canadian Borrower hereby unconditionally promises to pay to the Agent for the account of each Canadian Revolving Credit Lender the then unpaid principal amount of each Canadian Revolving Credit Loan of such Lender on the Maturity Date.


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 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 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 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 and "CANADIAN REVOLVING CREDIT LOANS" shall have the meaning ascribed and assigned to such term in SECTION 2.02(i)(a) of this Loan Agreement, and which shall specifically include, Canadian Bankers Acceptances.
Canadian Revolving Credit Loan as defined in subsection 1.1.1(c) of the Agreement.