Canadian Revolving Loan Lender definition

Canadian Revolving Loan Lender means a Lender that has a Canadian Revolving Loan Commitment.
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Canadian Revolving Loan Lender is defined in clause (a) of Section 2.1.1.
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Examples of Canadian Revolving Loan Lender in a sentence

  • The (i) U.S. Administrative Agent will distribute to each U.S. Lender and (ii) Canadian Administrative Agent will distribute to each Canadian Revolving Loan Lender each document or instrument received for its account and copies of all other communications received by such Administrative Agent from a Borrower for distribution to such Lenders by such Administrative Agent in accordance with the terms of the Loan Documents.

  • To facilitate the acceptance of Canadian BAs hereunder, each Canadian Revolving Loan Borrower hereby appoints each Canadian Revolving Loan Lender as its attorney to sign and endorse on its behalf, as and when considered necessary by the Canadian Revolving Loan Lender, an appropriate number of drafts in the form prescribed by that Canadian Revolving Loan Lender.

  • Any drafts or Canadian BA signed by a Canadian Revolving Loan Lender as attorney for any Canadian Revolving Loan Borrower, whether signed in handwriting or by the facsimile or mechanical signature of an authorized officer of a Canadian Revolving Loan Lender, may be dealt with by the Canadian Administrative Agent or any Canadian Revolving Loan Lender to all intents and purposes and shall bind each Borrower as if duly signed and issued by a Canadian Revolving Loan Borrower.

  • With respect to each draw down of, rollover of or conversion into Canadian BAs, no Canadian Revolving Loan Lender shall be required to accept any draft which has a face amount which is not in a minimum amount of C$100,000 and an integral multiple of C$100,000.

  • Each Canadian BA to be accepted by any Canadian Revolving Loan Lender shall be accepted by such Canadian Revolving Loan Lender at its Domestic Office located in Canada.

Related to Canadian Revolving Loan Lender

  • 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.

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

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • 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.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • 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.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • New Revolving Lender as defined in Section 2.24.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • 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.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

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

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.