Notice of Canadian Revolving Loan Refunding definition

Notice of Canadian Revolving Loan Refunding has the meaning ascribed to it in Section 1.15.
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Notice of Canadian Revolving Loan Refunding as defined in Section 3.2.6 of the Agreement.
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Notice of Canadian Revolving Loan Refunding has the meaning specified in SECTION 2.06(b)(i).
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Examples of Notice of Canadian Revolving Loan Refunding in a sentence

  • Each such Notice of Canadian Revolving Loan Refunding shall be deemed to constitute delivery of a notice to Agent requesting each Lender to fund its undivided Participating Interest in the outstanding Canadian Revolving Loan whereupon each Lender other than Agent shall fund its Pro Rata Share of the outstanding Canadian Revolving Loan.

  • Notwithstanding anything herein to the contrary, during the existence of a Default or an Event of Default which would permit the delivery of a Notice of Canadian Revolving Loan Refunding, upon the request of the Administrative Agent or the Canadian Agent, all or any part of any outstanding Canadian Revolving Credit Loans shall be redenominated and converted into U.S. Dollar-denominated Canadian Base Rate Loans.

  • If any Default or Event of Default shall occur and be continuing, the Canadian Lender may, in its sole and absolute discretion, direct that the Canadian Revolving Credit Loans owing to it be refunded by delivering a notice (with such detail as the Administrative Agent shall request, a " Notice of Canadian Revolving Loan Refunding") to the Administrative Agent.

  • The continued reduction in, if not elimination of, various state funding sources which will need to be replaced by Town funds.

  • Each Canadian Participant shall promptly transfer (or, if applicable, shall cause its Canadian Affiliate to transfer) or, if a Notice of Canadian Revolving Loan Refunding is delivered after 2:00 p.m. (New York City time), transfer by 11:00 a.m. (New York City time) on the next Business Day, to Canadian Lender, in immediately available funds, the amount of its Participating Interest in the same currency as the underlying Revolving Credit Loan that was made by Canadian Lender.

  • If any Default or Event of Default shall occur and be continuing, Canadian Lender may, in its sole and absolute discretion, direct that the Canadian Revolving Credit Loans owing to it be refunded by delivering a notice (with such detail as Agent shall request, a "Notice of Canadian Revolving Loan Refunding") to Agent.

  • Each such Notice of Canadian Revolving Loan Refunding shall be deemed to constitute delivery of a notice to Administrative Agent requesting each Canadian Participating Lender to immediately transfer to the Canadian Lender, in immediately available funds, the amount of such Canadian Participating Lender’s participation with reference to the Canadian Dollar Refunding Amount, as the case may be.

Related to Notice of Canadian Revolving Loan Refunding

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • New Revolving Loans as defined in Section 2.25.

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Other Revolving Credit Loans means one or more Classes of Revolving Credit Loans that result from a Refinancing Amendment.