Examples of Terra Canada in a sentence
The Bank Term Notes are secured by substantially all assets of Terra Canada, a beneficially owned subsidiary of Terra.
Each Borrower and Terra Canada shall mail to its Lockbox any remittances from such Account Debtors received directly by it as soon as possible (but in any event no later than the Business Day immediately following receipt).
All amounts in the Cash Collateral Accounts of Terra Capital, TNLP and (for Dollar denominated receivables) Terra Canada shall be applied by the Administrative Agent as specified in clause(d)(i) below.
Terra Capital shall notify the Administrative Agent within two Business Days of the deposit of any proceeds of Collateral in the US Concentration Account which portion of such proceeds is owned by Terra Capital, TNLP or, if applicable, Terra Canada.
Upon and during the continuance of an Account Triggering Event in respect of Terra Canada, no amount in the Lockbox or Approved Deposit Account of Terra Canada or in the US Concentration Account (to the extent owned by it) may be withdrawn therefrom without the approval of the Administrative Agent.
Terra Canada shall notify the Administrative Agent within two Business Days of the deposit of any proceeds of Collateral in either of the Approved Deposit Accounts.
All formalities (if any) required under the laws of Canada and England in respect of Terra Canada and Terra UK, for the validity and enforceability of each of the Loan Documents (including, without limitation, any necessary registration, recording or filing with any court or other authority therein), except as otherwise expressly provided herein, have been accomplished, and no Taxes are required to be paid and no notarization is required, for the validity and enforceability thereof.
As long as no Account Triggering Event in respect of Terra Canada has occurred and is continuing, all funds on deposit in the Lockbox or in the Approved Deposit Account of Terra Canada or in the US Concentration Account (to the extent owned by it) shall, upon written notice from Terra Canada to the Administrative Agent, be transferred to a Disbursement Account of Terra Canada or as Terra Canada may otherwise direct.
Except for the authorization and approval of its board of directors and its sole stockholder (which authorization and approval will be obtained before the Closing), the performance of this Agreement by Terra Canada does not require any other consent of such corporation or stockholder.
Terra Canada will thereupon transfer the Option to Newco in exchange for preferred shares of Newco ("Newco Preferred Shares") having an aggregate redemption amount approximately equal to C$233,000,000.