Canadian Term Lender definition

Canadian Term Lender means each Lender that has a Canadian Term Commitment or that holds a Canadian Term Loan.
Canadian Term Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Canadian Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Canadian Term Loans at such time.
Canadian Term Lender means each of the Term Lenders with a Canadian Term Commitment, as set forth on Schedule 2.01 hereto.

Examples of Canadian Term Lender in a sentence

  • Promptly following receipt of the Incremental Canadian Term Loan Request, the Administrative Agent shall advise each Proposed Canadian Term Lender of the details thereof.

  • If an Incremental Canadian Term Commitment is established in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date and the date of funding thereof and the Administrative Agent shall advise each Incremental Canadian Term Lender of the details thereof.

  • Subject to the terms and conditions set forth herein, each Canadian Term Lender severally agrees to make a single loan to the Borrower (each such loan and each loan, if any, made under the Incremental Canadian Term Commitments, referred to individually as a “Canadian Term Loan” and, collectively, the “Canadian Term Loans”), in Canadian Dollars, on the Closing Date, in an aggregate amount equal to such Canadian Term Lender’s Canadian Term Commitment.

  • Not later than 12:00 Noon, Toronto time, on the Second Restatement Date each Canadian Term Lender shall make available to the Canadian Administrative Agent at the Canadian Payment Office an amount in immediately available funds (except as specified in Section 2.1(b)) equal to the Canadian Term Loan or Canadian Term Loans to be made by such Lender.

  • Each Canadian Term Lender on the Closing Date made a loan (each a “Canadian Term Loan”) in Dollars to the Canadian Borrower in an amount equal to such Canadian Term Lender’s Canadian Term Commitment.


More Definitions of Canadian Term Lender

Canadian Term Lender means each Person who makes a Term Loan to the Canadian Borrower in the amount set forth opposite its name on Schedule 1.1(b) hereto or as may subsequently be set forth in the Register from time to time.
Canadian Term Lender means each Initial Canadian Term Lender and each Lender that has a Canadian Term Loan Commitment or that holds a Canadian Term Loan.
Canadian Term Lender means a Lender with a Canadian Term Loan Commitment or an outstanding Canadian Term Loan.
Canadian Term Lender shall have the meaning specified Section 2.01(a)(ii).
Canadian Term Lender means any Lender that has a Canadian Term Commitment or holds a Canadian Term Loan. “Canadian Term Loan” shall mean the Canadian dollar-denominated term loans made by the Canadian Term Lenders to the Parent Borrower. “Canadian Term Loan Facility” shall mean the aggregate principal amount of the Canadian Term Loans of all Canadian Term Lenders outstanding at such time. “Canadian Term Loan Pro Rata Percentagewith respect to any Canadian Term Lender, the percentage of the aggregate principal amount of the Canadian Term Loans represented by such Canadian Term Lender’s Canadian Term Loans at such time. “Capital Lease Obligations” of any person shall mean the obligations of such person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateralize” shall mean to pledge and deposit with or deliver to the Applicable Collateral Agent, for the benefit of the Secured Parties, as collateral for the U.S. L/C Exposure, the Canadian L/C Exposure or the Australian L/C Exposure, as applicable, cash or deposit account balances pursuant to documentation in form and substance reasonably satisfactory to the Applicable Borrower, the Applicable Collateral Agent and the Applicable Issuing Banks (which documentation is hereby consented to by the Lenders). Derivatives of such term have corresponding meanings. “CDOR Rate” shall mean, for each day in any period, the annual rate of interest that is the rate based on an average rate applicable to Canadian dollar bankers’ acceptances for a term equal to the term of the relevant Contract Period (or for a term of one month for purposes of determining the Canadian Prime Rate) appearing on the “Refinitiv Screen Canadian Dollar Offered Rate (CDOR) Page” (or any display substituted therefor) of Reuters Monitor Money Rates Services (or any successor thereto or Affiliate thereof) at approximately 10:00 a.m. (Standard Time), on such date, or if such date is not a Business Day, on the immediately preceding Business Day; provided that, if the rate determined above shall ever be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement. “CDOR Scheduled Successor Rate” shall ...
Canadian Term Lender means any Lender that has a Canadian Term Commitment or holds a Canadian Term Loan. “Canadian Term Loan” shall mean the Canadian dollar-denominated term loans made by the Canadian Term Lenders to
Canadian Term Lender means any Lender that has a Canadian Term Commitment or holds a Canadian Term Loan. “Canadian Term Loan” shall mean the Canadian dollar-denominated term loans made by the Canadian Term Lenders to the Parent Borrower. “Canadian Term Loan Facility” shall mean the aggregate principal amount of the Canadian Term Loans of all Canadian Term Lenders outstanding at such time. “Canadian Term Loan Pro Rata Percentagewith respect to any Canadian Term Lender, the percentage of the aggregate principal amount of the Canadian Term Loans represented by such Canadian Term Lender’s Canadian Term Loans at such time. “Capital Lease Obligations” of any person shall mean the obligations of such person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateralize” shall mean to pledge and deposit with or deliver to the Applicable Collateral Agent, for the benefit of the Secured Parties, as collateral for the U.S. L/C Exposure,