Canadian Revolving Loan Commitment Amount definition

Canadian Revolving Loan Commitment Amount means, on any date, a maximum amount of $20,000,000 (with Canadian Revolving Loans to be denominated in U.S. Dollars or Canadian Dollars), as such amount may be permanently reduced from time to time pursuant to Section 2.2.
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Canadian Revolving Loan Commitment Amount shall have the meaning set forth in the Credit Agreement.
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Canadian Revolving Loan Commitment Amount means, on any date, the Cdn $ Equivalent of $13,000,000, as such amount may be reduced or reallocated from time to time pursuant to SECTION 3.2, and as determined by the Canadian Agent in accordance with its customary banking practice for determining currency exchange rates on each Quarterly Payment Date for such date through (but excluding) the next Quarterly Payment Date.
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Examples of Canadian Revolving Loan Commitment Amount in a sentence

  • The Borrowers’ right to reallocate the unused Canadian Revolving Loan Commitment Amount and the unused U.S. Revolving Loan Commitment Amount pursuant to, respectively, Sections 2.2.3 and 3.2.2 of the Credit Agreement is suspended.

  • The Borrowers' right to reallocate the unused Canadian Revolving Loan Commitment Amount and the unused U.S. Revolving Loan Commitment Amount pursuant to, respectively, Sections 2.2.3 and 3.2.2 of the Credit Agreement is suspended.

  • The US Borrower shall have delivered to the US Administrative Agent and the Canadian Administrative Agent a notice setting forth: (i) its desire to put in place Canadian Revolving Loan Commitments hereunder and (ii) the amount of the requested Canadian Revolving Loan Commitments (such amount, the "Requested Canadian Revolving Loan Commitment Amount"), which shall be an amount (x) of no less than US$10,000,000 (or any US$5,000,000 integral multiple thereof) and (y) of no greater than US$35,000,000.