Canadian Term Borrower definition

Canadian Term Borrower means TBF, as borrower under the Canadian Term Credit Agreement.
Sample 1Sample 2Sample 3
Canadian Term Borrower is defined in the fourth recital.
Sample 1Sample 2
Canadian Term Borrower is defined in the preamble.
Sample 1Sample 2

Examples of Canadian Term Borrower in a sentence

  • Upon approval or deemed approval by the Super Majority Lenders or the Required Lenders, as applicable, of the Global Borrowing Base, the Global Administrative Agent upon notice thereof shall, by written notice to the Parent, and the Combined Lenders, designate the new Global Borrowing Base available to the Parent, the Borrowers and the Canadian Term Borrower (each such notice in this Section 2.7(b) a “Global Borrowing Base Designation Notice”).

  • If for any reason such authorized designee, appointee and agent shall cease to be available to act as such, each of the Canadian Term Borrower and the Canadian Revolver Borrower (as the case may be) agrees to designate a new authorized designee, appointee and agent in New York City on the terms and for the purposes of this provision reasonably satisfactory to the Administrative Agent under this Agreement.

  • Upon approval or deemed approval by the Super Majority Lenders or the Majority Lenders, as applicable, of the Global Borrowing Base, the Global Administrative Agent upon notice thereof shall, by written notice to the Borrower, and the Combined Lenders, designate the new Global Borrowing Base available to the Borrower, the Canadian Revolving Borrowers and the Canadian Term Borrower (each such notice in this Section 2.7(b) below, herein a "Global Borrowing Base Designation Notice").

  • The US Borrower and the Canadian Term Borrower may use the proceeds of Incremental US Term Loans or Incremental Canadian Term Loans, as the case may be, for any purpose not prohibited by this Agreement.

  • Upon approval or deemed approval by the Super Majority Lenders or the Required Lenders, as applicable, of the Global Borrowing Base, the Global Administrative Agent upon notice thereof shall, by written notice to the Borrower, and the Combined Lenders, designate the new Global Borrowing Base available to the Borrower, the Canadian Revolving Borrowers and the Canadian Term Borrower (each such notice in this Section 2.7(b), a “Global Borrowing Base Designation Notice”).

  • Under no circumstances shall amounts deposited in the Applicable Mandatory Prepayment Accounts of the Euro Term Borrower, the Canadian Term Borrower or any Additional Revolving Credit Borrower be deemed to secure, or be applied to prepay, any obligation of any U.S. Borrower.


More Definitions of Canadian Term Borrower

Canadian Term Borrower has the meaning specified in the preamble to this Agreement.
Sample 1

Related to Canadian Term Borrower

  • Canadian Borrower as defined in the preamble hereto.

  • Domestic Borrower means any Borrower organized under the laws of the United States of America or any state of the United States of America.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

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

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

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

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).

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

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • German Borrower means (a) any Borrower that is a resident for tax purposes in Germany and (b) any Borrower in respect of which written notice is given to the Administrative Agent (by the Company) prior to that Borrower becoming a Borrower hereunder that such Borrower is resident in Germany for German tax purposes.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.