Canadian Revolving Loan Commitment Percentage definition

Canadian Revolving Loan Commitment Percentage means, for each Canadian Lender, the percentage identified as its Canadian Revolving Loan Commitment Percentage opposite such Canadian Lender's name on Schedule 1.1A as such percentage may be modified by assignment in accordance with the terms of this Agreement.
Canadian Revolving Loan Commitment Percentage. (a) with respect to each Canadian Lender on or before the Revolving Loan Commitment Expiration Date, the percentage equivalent of the ratio which such Lender's Canadian Revolving Loan Commitment bears to the Aggregate Canadian Revolving Loan Commitment, as such Lender's Canadian Revolving Loan Commitment and the Aggregate Canadian Revolving Loan Commitment may be adjusted from time to time pursuant to the terms hereof and (b) with respect to each Canadian Lender after the Revolving Loan Commitment Expiration Date, the percentage equivalent of the ratio which such Lender's Canadian Credit Exposure bears to the Aggregate Canadian Credit Exposure.

Examples of Canadian Revolving Loan Commitment Percentage in a sentence

  • All Canadian Revolving Loans shall be made by the Canadian Lenders pro rata on the basis of each Canadian Lender's Canadian Revolving Loan Commitment Percentage.

  • Any such amounts transferred to the Canadian Administrative Agent shall be applied against the amounts of the applicable Loan and, together with the Canadian Administrative Agent's Canadian Revolving Loan Commitment Percentage of such Canadian Protective Advance or Canadian Overadvance, shall constitute Canadian Revolving Loans of such Canadian Lenders, respectively.

  • Like the basic facts adduced in a disparate treatment case, evidence of undue concentration does support a minimal threshold inference of the possible anticompetitive effects of a merger.

  • Each Canadian Lender shall make its Canadian Revolving Loan Commitment Percentage of the requested Canadian Revolving Loans available to the Canadian Administrative Agent by 1:00 p.m. on the date specified in the Notice of Borrowing by deposit, in Canadian Dollars, of immediately available funds at the offices of the Canadian Administrative Agent at its principal office in Toronto, Ontario or at such other address as the Canadian Administrative Agent may designate in writing.

  • Each US Lender's or Canadian Lender's, as the case may be, funded portion of the US Revolving Loans or Canadian Revolving Loans, as the case may be, is intended by the relevant Lenders to be equal at all times to such Lender's US Revolving Loan Commitment Percentage or Canadian Revolving Loan Commitment Percentage, as the case may be, of the outstanding US Revolving Loans or Canadian Revolving Loans, as the case may be.

  • The principal amount of each Canadian Revolving Loan of a Canadian Lender shall be in an amount equal to the product of (i) such Lender's Canadian Revolving Loan Commitment Percentage (expressed as a fraction) and (ii) the total amount of the Canadian Revolving Loans requested by the US Borrower or the Canadian Borrower in each instance.

  • The Canadian Issuing Lender will promptly notify the Canadian Administrative Agent who will promptly notify the Canadian Lenders of the amount of any unreimbursed drawing and each Canadian Lender shall promptly pay to the Canadian Administrative Agent for further credit to the Canadian Issuing Lender, in Canadian Dollars and in immediately available funds, the amount of such Lender's Canadian Revolving Loan Commitment Percentage of such unreimbursed drawing.

Related to Canadian Revolving Loan Commitment Percentage

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • 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.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • 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.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Revolving Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the Tranche B-1 Funding Date is $150,000,000.

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

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Commitment Percentage means, as to any Lender at any time, the ratio of (a) the amount of the Commitment of such Lender to (b) the Aggregate Commitment of all of the Lenders.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.