GE Capital Canada definition
Examples of GE Capital Canada in a sentence
If such Issuer or the Guarantor, as the case may be, elects to pay U.S. Additional Amounts pursuant to this paragraph and the condition specified in the first sentence of this paragraph should no longer be satisfied, then such Issuer shall (in the case of Notes issued by an Issuer other than GE Capital Canada Funding) or may (in the case of Notes issued by GE Capital Canada Funding) redeem the Bearer Notes of such Series in whole, pursuant to the applicable provisions of the preceding paragraph.
Each Credit Party executing this Agreement agrees that neither it nor its Affiliates will in the future issue any press release or public disclosure (other than Securities and Exchange Commission filings required to be made by law) using the name of any Lender (other than as provided above with respect to GE Capital and GE Capital Canada) without the prior consent of such Lender.
GE Capital Canada is hereby appointed to act on behalf of all Lenders as Agent under this Agreement and the other Loan Documents.
Except as expressly set forth in this Agreement and the other Loan Documents, neither of the Agents shall have any duty to disclose, and shall not be liable for failure to disclose, any information relating to any Credit Party or any of their respective Subsidiaries or any Account Debtor that is communicated to or obtained by GE Capital, GE Capital Canada or any of their respective Affiliates in any capacity.
GE Capital Canada is hereby appointed to act as Canadian Agent on behalf of all Canadian Lenders with respect to the administration of all Loans made to Canadian Borrower and with respect to all Collateral of Canadian Credit Parties under this Agreement and the other Loan Documents.
Notwithstanding anything herein or in the Canadian Mortgage to the contrary, for so long as GE Capital Canada is Canadian Agent or a Lender, Canadian Agent shall not foreclose or take title to any Real Estate covered by the Canadian Mortgage unless GE Capital and GE Capital Canada shall have consented to such action.
GE Capital, GE Capital Canada and their Affiliates may accept fees and other consideration from any Credit Party for services in connection with this Agreement or otherwise without having to account for the same to Lenders.
GE Capital Canada is hereby appointed to act as Canadian Agent on behalf of all Canadian Lenders with respect to the administration of all Loans made to Canadian Borrowers and to act as Canadian Agent on behalf of all Canadian Lenders with respect to Collateral owned by a Canadian Credit Party under this Agreement and the other Loan Documents.
None of GECC, GE Capital Canada, Indenture Trustee or Collateral Agent shall incur any liability nor shall it have any obligation to cure any Event of Default as a result of receipt of any notice required under this Section 2.16.
The Debtors each agree that nothing in this Agreement shall relieve any Debtor of any of its obligations under any of the US Credit Agreement, the Canadian Credit Agreement, the Indenture, the Collateral Agency Agreement, the Security Documents or any other document, agreement or instrument that any Debtor may be a party to with any of the GECC Secured Parties, the GE Capital Canada Secured Parties or the Collateral Agent Secured Parties.