Examples of Canadian Term Loan in a sentence

For the avoidance of doubt, it is understood that any conversion of one Type of Canadian Term Loan into another Type of Canadian Term Loan shall not constitute a repayment of any Canadian Term Loan being so converted.
After giving effect to each Canadian Term Loan the Outstanding Amount of all Canadian Term Loans shall not exceed the Canadian Term Facility as then in effect.
Promptly following receipt of the Incremental Canadian Term Loan Request, the Administrative Agent shall advise each Proposed Canadian Term Lender of the details thereof.
Principal on each Canadian Term Loan shall be payable on each Canadian Borrower Payment Date and shall be amortized over a period of no more than 7 years with the balance of all outstanding principal due and payable in full on the Maturity Date with respect to such Canadian Term Loan; provided that the Sponsor shall have the option of allowing an interest-only payment schedule for up to the first six (6) months of such Loan’s term.
Each Canadian Term Loan may be prepaid in full or in part only on a Canadian Borrower Payment Date for such Canadian Term Loan (and not on other days), without premium or penalty.

More Definitions of Canadian Term Loan

Canadian Term Loan as defined in Section 4.1.

Canadian Term Loan means CDN $35,000,000 Credit Agreement dated as of January 12, 1995 between TLGI, LGII and Dresdner Bank Canada.

Canadian Term Loan has the meaning given it in Section 2.7.

Canadian Term Loan means the Term Loan (as defined in the Terra Canada Credit Agreement).

Canadian Term Loan has the meaning specified in Section 2.1 (The Commitments).

Canadian Term Loan as defined in Section 2.4.

Canadian Term Loan has the meaning given it in Section 1.7 of the Canadian Agreement.