Canadian Subsidiary Loan Party definition

Canadian Subsidiary Loan Party means (a) each Canadian Subsidiary of the Company on the Canadian Effective Date (other than the Canadian Borrower) and (b) each Canadian Subsidiary of the Company that becomes, or is required to become, a party to the Canadian Collateral Agreement after the Canadian Effective Date. As of the Amendment and Restatement Effective Date, each Canadian Subsidiary Loan Party is set forth on Schedule 1.01(g).
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Canadian Subsidiary Loan Party means any Subsidiary that is organized under the laws of Canada or any territory or province thereof (other than the Canadian Subsidiary Borrower) and that is a Foreign Subsidiary Loan Party.
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Canadian Subsidiary Loan Party means, other than any Immaterial Subsidiary, (a) each Canadian Subsidiary that is a Wholly Owned Subsidiary of the Company on the Closing Date (other than the Canadian Borrower) and (b) each Canadian Subsidiary that is a Wholly Owned Subsidiary of the Company that becomes, or is required to become, a party to the Canadian Collateral Agreement after the Closing Date. As of the Closing Date, each Canadian Subsidiary Loan Party is set forth on Schedule 1.01(g).
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Examples of Canadian Subsidiary Loan Party in a sentence

  • The Administrative Agent (or its counsel) shall have received from each Canadian Subsidiary Loan Party a counterpart of a supplement to the Guarantee Agreement, a supplement to the Perfection Certificate and the Canadian Collateral Agreement, and each Canadian Subsidiary Loan Party shall have otherwise complied with the Collateral and Guarantee Requirement (for the avoidance of doubt, as defined in the Credit Agreement).

  • The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any Canadian Subsidiary Loan Party as a party to this Agreement.

  • Upon execution and delivery by the Administrative Agent and a Canadian Subsidiary Loan Party of an instrument in the form of Exhibit A hereto, such Canadian Subsidiary Loan Party shall become a Subsidiary Party hereunder with the same force and effect as if originally named as a Subsidiary Party herein.

  • Such notice shall be delivered to the Canadian Subsidiary Borrower no later than five Business Days prior to the date on which the Canadian Subsidiary Borrower or the applicable Canadian Subsidiary Loan Party is first obligated to make a payment in respect of the Loan or other Canadian Obligation for the benefit of a Person who is not a Canadian Resident.

  • Each of the parties hereto acknowledges and agrees that no Canadian Subsidiary Loan Party (other than UR novaScotia (No. 2)) has any obligation to guarantee any of the Obligations of UR Nova Scotia (No. 3) under the Credit Agreement.

Related to Canadian Subsidiary Loan Party

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province thereof.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • Foreign Borrower has the meaning specified in the introductory paragraph hereto.

  • Canadian Borrower as defined in the preamble hereto.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • UK Loan Party and “UK Loan Parties” shall mean any Loan Party or Loan Parties organized or existing under the laws of the United Kingdom, including of England and Wales or Scotland.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • U.S. Borrower means any Borrower that is a U.S. Person.