Canadian Swingline Sublimit definition

Canadian Swingline Sublimit means an amount equal to the lesser of (a) $5,000,000 and (b) the Canadian Total Commitments. The Canadian Swingline Sublimit is part of, and not in addition to, the Canadian Total Commitments.

Canadian Swingline Sublimit has the meaning specified in Section 2.3(c).

Canadian Swingline Sublimit has the meaning assigned to such term as Section 2.03(a).

Examples of Canadian Swingline Sublimit in a sentence

• In connection with any Reallocation, the Borrower Representative may reallocate (x) any portion of the U.S. Letter of Credit Sublimit to the Canadian Letter of Credit Sublimit and vice-versa and (y) any portion of the U.S. Swingline Sublimit to the Canadian Swingline Sublimit and vice-versa.

• Within the limits of the Canadian Swingline Sublimit, and subject to the other terms and conditions hereof, the Parent Borrower may borrow under this Section 2.01(g), prepay under Section 2.04, and reborrow under this Section 2.01(g).

• No such reduction in the Revolving Credit Commitments shall reduce the Canadian Revolving Credit Sublimit, the Swingline Commitment, the Canadian Swingline Sublimit or the L/C Commitment (except as set forth in each respective definition).

• If after giving effect to any reduction of the Commitments, the Letter of Credit Subfacility, the U.S. Swingline Sublimit or the Specified Loan Sublimit shall exceed the U.S. Revolving Credit Commitments at such time, or the Canadian Swingline Sublimit shall exceed the Canadian Revolving Credit Commitments at such time, each such subfacility or sublimit, as the case may be, shall be automatically reduced by the amount of such excess.

• Except as provided above, the amount of any such Revolving Credit Commitment reduction shall not be applied to the US LC Sublimit, the Canadian LC Sublimit, the US Swingline Sublimit or the Canadian Swingline Sublimit unless otherwise specified by the Borrowers.

More Definitions of Canadian Swingline Sublimit

Canadian Swingline Sublimit. $15,000,000. The Canadian Swingline Sublimit is part of, and not in addition to, the Aggregate Canadian Revolving Loan Commitments.

Canadian Swingline Sublimit means the lesser of (a) $15,000,000 and (b) the Swingline Commitment.

Canadian Swingline Sublimit means the lesser of (a) $5,000,000 and (b) the Swingline Commitment.

Canadian Swingline Sublimit on any date of determination, an amount equal to $5,000,000.

Canadian Swingline Sublimit an amount equal to the lesser of (i) $5 million and (ii) the Canadian Line Cap at such time.

Canadian Swingline Sublimit has the meaning specified in Section 2.3(c). “Capital Adequacy Regulation” means any guideline, request or directive of any central bank or other Governmental Authority, or any other law, rule or regulation, whether or not having the force of law, in each case, regarding capital adequacy or liquidity requirements of any bank or of any corporation controlling a bank. “Capital Expenditures” means, with respect to any Person for any period, the sum of (a) the aggregate of all expenditures incurred by such Person and its consolidated Subsidiaries during such period for purchases of property, plant and equipment as “capital expenditures” (exclusive of expenditures for Investments not prohibited hereby or for Permitted Acquisitions) or similar items which, in accordance with GAAP, are or should be included in the statement of cash flows of such Person and its consolidated Subsidiaries during such period, net of (b) proceeds received by Holdings or its Subsidiaries from dispositions of property, plant and equipment or similar items reflected in the statement of cash flows of such Person and its consolidated Subsidiaries during such period. “Capital Lease” means any lease of property by an Obligor or any of its Subsidiaries which, in accordance with GAAP, should be reflected as a finance lease on the balance sheet of the Consolidated Parties. “Capital Lease Obligation” means, with respect to any Capital Lease of any Person, the amount of the obligation of the lessee thereunder that, in accordance with GAAP, would appear on a balance sheet of such lessee in respect of such Capital Lease. “Capital Stock” means, with respect to any Person, any and all shares, interests, participations, rights in or other equivalents (however designated) of such Person’s capital stock or equity participations, and any rights (other than debt securities convertible into capital stock), warrants or options exchangeable for or convertible into such capital stock and, including, with respect to partnerships, limited liability companies or business trusts, ownership interests (whether general or limited) and any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, such partnerships, limited liability companies or business trusts. “Cash Dominion Period” means (a) any period commencing on the date on which Specified Availability shall have been less than 10% of the Maximum Revolver Amount for five c...

Canadian Swingline Sublimit means $2,000,000 (which amount comprises part of the Canadian Sublimit).