Canadian Term Loan Commitment definition

Canadian Term Loan Commitment means, with respect to each Canadian Term Loan Lender, the commitment, if any, of such Canadian Term Loan Lender to make a Canadian Term Loan hereunder on the Closing Date in the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Canadian Term Loan Lender. The aggregate amount of the Lenders' Canadian Term Loan Commitments is $30.0 million.
Canadian Term Loan Commitment means a commitment to make Canadian Term Loans to a Canadian Borrower pursuant to a Canadian Loan Agreement.
Canadian Term Loan Commitment as to any Lender, the obligation of such Lender, if any, to make a Canadian Term Loan to the Canadian Borrower hereunder in a principal amount not to exceed the amount set forth under the heading “Canadian Term Loan Commitment” opposite such Lender’s name on Schedule 1 to the Lender Addendum delivered by such Lender, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original aggregate amount of the Canadian Term Loan Commitments is Cdn. $132,192,200.

Examples of Canadian Term Loan Commitment in a sentence

  • Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Canadian Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make term loans in Dollars (collectively, the " Canadian Term Loan ") to Canadian Borrowers in an amount equal to such Lender's Pro Rata Share of the Canadian Term Loan Amount.


More Definitions of Canadian Term Loan Commitment

Canadian Term Loan Commitment as to any Canadian Lender, the obligation of such Lender to make Canadian Term Loans to, and/or create and discount Acceptances on behalf of (or, in lieu thereof, to make loans pursuant to the Acceptance Notes to), the Canadian Borrower, in an amount not to exceed the amount set forth opposite such Canadian Lender's name on Schedule 1.1B under the heading "Canadian Term Loan Commitment". The original aggregate amount of the Canadian Term Loan Commitments is the equivalent in Canadian Dollars (determined in accordance with Section 4.3(b)) of US$70,000,000.
Canadian Term Loan Commitment means the Sun Gro Canada Term Loan Commitment or Lakeland Canada Term Loan Commitment or any combination thereof.
Canadian Term Loan Commitment means, as to each Lender, its obligation to make Initial Canadian Term Loans to the Canadian Borrower pursuant to Section 2.01(a)(ii) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Canadian Term Loan Commitment” or opposite such caption in the Refinancing Amendment or Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Canadian Term Loan Commitments was the Canadian Dollar Equivalent of $100,000,000 as of the Original Closing Date.
Canadian Term Loan Commitment means, with respect to each Canadian Term Loan Lender, the commitment, if any, of such Canadian Term Loan Lender to make a Canadian Term Loan hereunder on the Third Amendment Effectiveness Date in the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Canadian Term Loan Lender on the Third Amendment Effectiveness Date. The aggregate amount of the Lenders’ Canadian Term Loan Commitments is $25.0 million on the Third Amendment Effectiveness Date.
Canadian Term Loan Commitment means the commitment of a Canadian Term Lender to make Canadian Term Loans to the Canadian Borrowers pursuant to Section 2.1(a)(ii), and "CANADIAN TERM LOAN COMMITMENTS" means such commitments of all Canadian Term Lenders in the aggregate.
Canadian Term Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Canadian Term Loans hereunder as set forth on Schedule 2.01, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.
Canadian Term Loan Commitment or "Canadian Term Loan Commitments" shall mean, with respect to each Canadian Lender, as of any date of determination, such Canadian Lender's Pro Rata Share of the amount of the Canadian Term Loans, as of such date, which percentage and amount shall be set forth on the signature pages to this Loan Agreement and/or in any Assignment and Acceptance Agreement.