Schedule I Reference Lender definition

Schedule I Reference Lender means any Schedule I Lender as may be agreed by the Canadian Borrower and the Administrative Agent from time to time.
Schedule I Reference Lender means each of Royal Bank of Canada and such other Schedule I Lender as is agreed to from time to time by the Borrower and the Agent, each acting reasonably; provided that there shall be no more than two Schedule I Reference Lenders at any one time;
Schedule I Reference Lender means any one of them.

Examples of Schedule I Reference Lender in a sentence

  • If more than three Lenders are banks named on Schedule I of the Bank Act (Canada), the Agent shall be a Schedule I Reference Lender and each of the Agent and CHC shall designate a different Lender named on Schedule I to be a Schedule I Reference Lender for the purpose of quoting rates to be used in determining the Prime Rate, Base Rate (US), LIBOR Rate and BA Discount Rate.

  • If more than three Lenders are banks named on Schedule I of the Bank Act (Canada), the Agent shall be a Schedule I Reference Lender and each of the Agent and CHC shall designate a different Lender named on Schedule I to be a Schedule I Reference Lender for the purpose of quoting rates to be used in determining the Prime Rate, Base Rate for US Dollars, LIBOR Rate and BA Discount Rate.

  • If three or fewer Lenders are banks named on Schedule I of the Bank Act (Canada), all such Lenders shall be deemed to be the Schedule I Reference Lender and any applicable Prime Rate, Base Rate (US), LIBOR Rate and BA Discount Rate hereunder shall be determined on the basis of the discount rate provided by those -60- Lenders.


More Definitions of Schedule I Reference Lender

Schedule I Reference Lender means TD Securities (USA) LLC.
Schedule I Reference Lender means each of The Bank of Nova Scotia and The Toronto-Dominion Bank or any other Lender which is a Schedule I bank under the Bank Act (Canada) with equity in excess of C$5,000,000,000 appointed by the Agent from time to time with the consent of the Borrower in replacement of any such Lender;
Schedule I Reference Lender means each of RBC and such other Schedule I Lender as is agreed to from time to time by the Borrower and the Agent, each acting reasonably, provided that there shall be no more than two Schedule I Reference Lenders at any one time;
Schedule I Reference Lender means up to two Canadian chartered banks listed on Schedule I to the Bank Act (Canada) as are determined from time to time by the Administrative Agent;
Schedule I Reference Lender means any Schedule I Lender as may be agreed by the Canadian Borrower and the Canadian Agent from time to time.
Schedule I Reference Lender means each of The Bank of Nova Scotia, The Bank of Montreal, Toronto Dominion Bank, Canadian Imperial Bank of Commerce and Royal Bank of Canada.
Schedule I Reference Lender means initially, BMO and one other Schedule I Lender agreed to by the Borrower and the Agent, each acting reasonably, and thereafter means such other Schedule I Lenders as are agreed to from time to time by the Borrower and the Agent, each acting reasonably; provided that there shall be no more than two Schedule I Reference Lenders at any one time;