Schedule II Reference Lender definition

Schedule II Reference Lender means JPMorgan Chase Bank, N.A., Toronto Branch.
Schedule II Reference Lender means Société Générale (Canada Branch) or any other Lender which is a Schedule II or Schedule III bank under the Bank Act (Canada) and which is not subject to the restrictions and requirements referred to in Section 524(2) thereof, appointed by the Agent from time to time with the consent of the Borrower in replacement of such Lender;
Schedule II Reference Lender means The Chase Manhattan Bank of Canada.

Examples of Schedule II Reference Lender in a sentence

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

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


More Definitions of Schedule II Reference Lender

Schedule II Reference Lender means ▇.▇.
Schedule II Reference Lender means J.P. Morgan ---------------------------- Bank Cana▇▇.
Schedule II Reference Lender means such Schedule II 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 II Reference Lenders at any one time;
Schedule II Reference Lender means JPMorgan Chase Bank, N.A., Toronto Branch, and any other Schedule II Lender or Schedule III Lender as may be agreed by the Canadian Borrowers and the Canadian Agent from time to time.
Schedule II Reference Lender means any bank which is a Schedule II or Schedule III bank under the Bank Act (Canada) and which is not subject to the restrictions and requirements referred to in Section 524(2) thereof, designated by the Agent from time to time with the consent of the Borrower;