Selected Amount definition

Selected Amount means, with respect to a BA Advance, the amount of the Advances in Canadian Dollars which the Borrower has asked to obtain by the issuance of Bankers’ Acceptances in accordance with Section 6.1.
Selected Amount means, with respect to a Libor Advance, the amount in respect of which the Borrower has asked, in accordance with Section 3.02, that the interest payable thereon be calculated on the Libor Basis.
Selected Amount means, with respect to:

Examples of Selected Amount in a sentence

  • Each Selected Amount with respect to each Designated Period shall be in an amount of not less than US$1,000,000, and shall be in whole multiples thereof.

  • The principal amount of the Libor Advances which at any time and from time to time remains outstanding shall bear interest, calculated daily, on the daily balance of such Libor Advances, from each Rollover Date, at the annual rate (calculated based on a 360-day year) applicable to each of such days which corresponds to the LIBOR applicable to each Selected Amount, plus the Margin, and shall be effective as and from each Rollover Date up to and including the date prior to the next Rollover Date.

  • Nothing herein contained shall be interpreted as authorizing the Borrower, with respect to the determination of LIBOR, to choose a Selected Amount with respect to each Designated Period of less than Cdn.

  • The Agent shall determine the LIBOR which will be in effect on the date of the Advance or the Rollover Date, as the case may be (which in such case must be a Banking Day), with respect to the Selected Amount or to each of the Selected Amounts, as the case may be, having a maturity of 10 to 180 days (subject to availability) from the date of the Advance or the Rollover Date, as the case may be.

  • Each Selected Amount with respect to each Designated Period shall be in an amount of not less than US$1,000,000, and shall be in whole multiples of US$1,000,000.


More Definitions of Selected Amount

Selected Amount means, with respect to a BA Advance, the amount of the Advances in Canadian Dollars which the Borrower has asked to obtain by the issuance of Bankers’ Acceptances in accordance with Section 6.1, and with respect to a Term SOFR Advance, the amount of the Advances in US Dollars in respect of which the Borrower has asked, in accordance with Section 4.11, that the interest payable thereon be calculated on the Term SOFR Basis.
Selected Amount means, in connection with BAs, the aggregate face amount of BAs having the same Issuance Date and Selected Maturity Date;
Selected Amount means, with respect to each Lender, in connection with Libor Loans, such portion of the aggregate principal amount of the Libor Loan of such Lender outstanding or requested to be outstanding under the Facility for a Selected Period;
Selected Amount means, with respect to each Lender: 1. in connection with BAs,XXXXX Loans, such portion of the aggregate faceprincipal amount of BAsthe XXXXX Loan of such Lender having the same Borrowing Date andfor a Selected Maturity Date and outstanding or requested to be outstanding under the Revolving FacilityPeriod; 2. in connection with Term SOFR Rate Loans, such portion of the aggregate principal amount of the Term SOFR Rate Loan of such Lender for a Selected Period; and 23. in connection with LCs, the Rateable Share of such Lender of the maximum liability of the LC Issuing Lender under each LC outstanding or requested to be outstanding under the Revolving Facility; and 3. in connection with Term SOFR Rate Loans, the Rateable Share of such Lender of the Loan outstanding or requested to be outstanding on a Term SOFR Rate Basis. Selected Maturity Date means, with respect to BAs, LCs andCORRA Loans, Term SOFR Rate Loans and LCs, the maturity date selected by the Borrower under any Draw Request or Conversion Request, as the case may be. Selected Period means, with respect to any Selected Amount, the period commencing as of and from the Borrowing Date applicable to such Selected Amount up to and including the day preceding the Selected Maturity Date applicable to such Selected Amount. SIF means Her Majesty The Queen in Right of Canada, represented by the Minister of Industry of Canada. SIF Debt Agreement means that certain contribution agreement to be entered into and pursuant to which SIF shall commit to provide to the Borrower a loan in a maximum principal amount of up to Cdn$49,950,000. SOFR means a rate per annum equal to the secured overnight financing rate for such Business Day published by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate) on the website of the Federal Reserve Bank of New York, currently at xxxx://xxx.xxxxxxxxxx.xxx (or any successor source for the secured overnight financing rate identified as such by the administrator of the secured overnight financing rate from time to time). Stamping Fee refers to the fee payable with respect to any BA pursuant to the provisions of Section 5.4. 104822.00280/115572577.6305585250.30
Selected Amount means, with respect to any BA Loan, Libor Loan, LC Loan, U.S. LC Loan or Euro LC Loan of any Lender, the whole or any portion of any Advance under the Commitment of such Lender, which the Borrower has requested to be or become outstanding by way of Banker's Acceptances, by way of an Advance on a Libor Basis or by way of Letters of Credit denominated in Canadian Dollars, U.S. Dollars or Euros, as the case may be, in accordance with the provisions of this Agreement;
Selected Amount means, (a) as of the Liquidity Date, an amount equal to the aggregate principal amount of the Securities, and the accrued interest thereon, which would be due at the Stated Maturity if the Securities Outstanding on such Liquidity Date were Outstanding at the Stated Maturity; provided, however, that (b) if, on or prior to such Liquidity Date, Deposit Securities have been delivered to the Trustee in respect of a redemption of the Securities on a Redemption Date on or subsequent to such Liquidity Date but no later than the Stated Maturity, then the amount described in clause (a) shall not include any accrued interest or any principal which would be owed on any Securities (or portion thereof) which are to be redeemed on such Redemption Date.
Selected Amount means, (a) as of the Liquidity Date, an amount equal to the aggregate principal amount of the Bonds, and the accrued interest thereon, which would be due at the Stated Maturity if the Bonds Outstanding on such Liquidity Date were Outstanding at the Stated Maturity; provided, however, that (b) if, on or prior to such Liquidity Date, Deposit Securities have been delivered to the Trustee in respect of a redemption of the Bonds on a Redemption Date on or subsequent to such Liquidity Date but no later than the Stated Maturity, then the amount