Canadian Swingline Loan definition

Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.
Canadian Swingline Loan has the meaning assigned to such term in Section 2.05(a).
Canadian Swingline Loan as defined in Section 2.5(a).

Examples of Canadian Swingline Loan in a sentence

  • Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested Canadian Swingline Loan.

  • Each Canadian Swingline Loan shall constitute a Canadian Prime Rate Revolver Loan or a Canadian Base Rate Loan, as applicable, for all purposes, except that payments thereon shall be made to Agent (acting through its Canada branch) for its own account.

  • Each Canadian Swingline Loan shall be in a minimum amount equal to the Canadian Dollar Equivalent of $500,000 or a multiple of the Canadian Dollar Equivalent of $100,000 in excess thereof.

  • If, due to an Insolvency Proceeding with respect to the Canadian Borrower or otherwise, any Canadian Swingline Loan may not be settled among Canadian Lenders hereunder, then each Canadian Lender shall be deemed to have purchased from Agent a Pro Rata participation in each unpaid Canadian Swingline Loan and shall transfer the amount of such participation to Agent, in immediately available funds, within one (1) Business Day after Agent’s request therefor.

  • The proceeds of such Canadian Revolving Loans shall be applied to repay such Canadian Swingline Loan.


More Definitions of Canadian Swingline Loan

Canadian Swingline Loan or “Canadian Swingline Loans” has the meaning set forth in Section 2.6(a).
Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.
Canadian Swingline Loan. Any loan made by the Canadian Swingline Lender to the Canadian Borrower pursuant to §2.7.1.
Canadian Swingline Loan any Borrowing of Canadian Revolver Loans funded with Canadian Swingline Lender’s funds, until such Borrowing is settled among Canadian Lenders or repaid by Canadian Borrower, which Canadian Revolver Loan shall, if denominated in Canadian Dollars, be a Canadian Prime Rate Loan and shall, if denominated in Dollars, be a Canadian Base Rate Loan, in each case as selected by the Borrower Agent on behalf of Canadian Borrower.
Canadian Swingline Loan means a Loan made to a Canadian Borrower pursuant to Section 2.05.
Canadian Swingline Loan means a loan made pursuant to and defined in Section 3.2(a).
Canadian Swingline Loan any Borrowing of Canadian Prime Rate Loans made pursuant to Section 4.1.3(c).