Canadian Swing Line Loan definition

Canadian Swing Line Loan has the meaning specified in Section 2.04(B)(a).

Canadian Swing Line Loan means a Loan made by the Canadian Swing Line Lender to the U.S. Borrower pursuant to Section 2.03(a)(ii).

Canadian Swing Line Loan has the meaning specified in Section 2.04(a)(ii).

Examples of Canadian Swing Line Loan in a sentence

• The proceeds of any such Advance shall be used to repay such Canadian Swing Line Loan.

• The nature of the mineralisation at Kaskara prevents effective diamond drilling in the oxide zone.

• Interest on each Canadian Swing Line Loan shall be payable on the Swing Line Loan Maturity Date applicable thereto.

• If the Canadian Borrower at any time fails to repay a Canadian Swing Line Loan made to such Borrower on the applicable date when due, such Borrower shall be deemed to have elected to borrow a Syndicated Canadian Advance which shall be a Canadian Prime Rate Advance under Section 2.2 as of such date equal in amount to the unpaid amount of such Canadian Swing Line Loan (notwithstanding the minimum amount of Canadian Prime Rate Advances as provided in Section 2.7).

• Each Canadian Swing Line Loan shall be paid in full by the applicable Borrower which has received such Canadian Swing Line Loan on or before the thirtieth day after the Borrowing Date for such Canadian Swing Line Loan (or if earlier on the last day of the interest period applicable thereto).

More Definitions of Canadian Swing Line Loan

Canadian Swing Line Loan has the meaning assigned to such term in Section 2.23(a)(ii).

Canadian Swing Line Loan has the meaning specified in Section 3.05(a).

Canadian Swing Line Loan shall have the meaning set forth in the Credit Agreement.

Canadian Swing Line Loan is defined in CLAUSE (b) of SECTION 3.1.1.

Canadian Swing Line Loan means a Canadian Dollar denominated loan or Bankers’ Acceptance Loan made available to the CanadianBorrower or a U.S. Borrower by the Global Swing Line Lender pursuant to Section 2.9.2.

Canadian Swing Line Loan means a Loan made by the Canadian Swing Line Lender to the U.S. Borrower pursuant to Section

Canadian Swing Line Loan shall have the meaning assigned to such term in Section 2.23(a)(ii). “Canadian Swing Line Sublimit” shall mean U.S.$25,000,000. The Canadian Swing Line Sublimit is part of, and not in addition to, the Canadian Revolving Commitments. “Canadian Term Borrowing” shall mean a group of Canadian Term Loans of a single Type made, converted or continued by the Canadian Term Lenders on a single date and, in the case of a B/A Loan, as to which a single Contract Period is in effect.