Examples of Canadian Term Lenders in a sentence
Each Canadian Term Borrowing shall consist of Canadian Term Loans made simultaneously by the Canadian Term Lenders.
The Borrower shall repay to (i) the U.S. Term Lenders the aggregate principal amount of all U.S. Term Loans outstanding on the Maturity Date for the U.S. Term Facility and (ii) the Canadian Term Lenders the aggregate principal amount of all Canadian Term Loans outstanding on the Maturity Date for the Canadian Term Facility.
The Canadian Term Borrowing shall consist of Canadian Term Loans made in Canadian Dollars simultaneously by the Canadian Term Lenders in accordance with their respective Canadian Term Commitments.
All payments by the Borrower hereunder with respect to the Canadian Term Loans shall be made to the Administrative Agent, for the account of the respective Canadian Term Lenders to which such payment is owed, at the Administrative Agent’s Office in Canadian Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein.
The conversion undertakings of the Extending Canadian Term Lenders are several and no such Lender shall be responsible for any other Lender’s failure to make by conversion any Canadian Tranche B Term Loans.
Extending Canadian Term Lenders and Extending UK Term Lenders who together have committed to provide Tranche B Acquisition Loans, US Tranche B Term Loans, Canadian Tranche B Term Loans and UK Tranche B Term Loans in an aggregate principal amount of not less than $83,000,000.
The Loan Agreement, among other things, (i) provides for the making of the Canadian Term Loan by Canadian Term Lenders to Canadian Borrowers in the aggregate maximum dollar amount first mentioned above, (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events upon the terms and conditions therein specified, and (iii) contains provisions defining an Event of Default and the rights and remedies of the parties thereto.
The Canadian Administrative Agent shall credit the account of the Canadian Borrower on the books of such office of the Canadian Administrative Agent with the aggregate of the amounts made available to the Canadian Administrative Agent by the Canadian Term Lenders in immediately available funds.
In this respect, it is each Canadian Revolving Lender's and each Canadian Term Lender's responsibility to maintain an adequate supply of blank forms of Bankers' Acceptances for acceptance under this Agreement (including this Schedule III).
Unless directed otherwise by the Canadian Administrative Agent, the Canadian Funding Agent shall credit the account of the Canadian Borrower on the books of such office of the Canadian Funding Agent with the aggregate of the amounts made available to the Canadian Funding Agent by the Canadian Term Lenders in immediately available funds.