Examples of UR Canada in a sentence
Each Canadian Loan shall be in ------------------------------- Canadian Dollars and shall be either a Prime Rate Loan, a BA Rate Loan or a Eurodollar Loan, as UR Canada shall specify in the related notice of borrowing, conversion or continuation pursuant to Section 2.3.2 or 2.
Certified copies of all documents evidencing any -------------- necessary corporate action, consents and governmental approvals (if any) required for the execution, delivery and performance by Parent, the Company, UR Canada and each other Subsidiary of the documents referred to in this Section ------- 11.
The amendments set forth in Section 2 --------- above shall become effective on the date (the "Restatement Effective Date") when (a) the U.S. Agent shall have received counterparts hereof executed by the Company, UR Canada, all of the Banks and each of the Agents and (b) the Company shall have issued not less than $200,000,000 of Subordinated Debt; it being understood that the Amendment Effective Date may occur prior to the Restatement Effective Date.
If at any time any payment of principal, interest or any other amount payable by UR Canada under this Agreement or any Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of UR Canada or otherwise, the Company's obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.
No Agent-Related Person shall be under any obligation to any Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Company, UR Canada or any of the Company's other Subsidiaries or Affiliates.
This agreement shall be binding upon the ---------------------- Company, UR Canada, the Banks and the Agents and their respective successors and assigns, and shall inure to the benefit of the Company, UR Canada, the Banks and the Agents and the respective successors and assigns of the Banks and the Agents.
In addition (and without limiting the foregoing), upon any Loan to UR Canada being declared or otherwise becoming immediately due and payable pursuant to Section 12.2, the Company shall forthwith on demand pay all amounts ------------ payable in respect of such Loan at the place, in the currency and in the manner specified in this Agreement.
Xxxxxx, counsel to the Company and (c) Xxxxxxx Xxxxx, counsel to UR Canada.
The Company hereby absolutely, unconditionally and -------- irrevocably guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise) of the principal of and interest on each Note issued by UR Canada, and the full and punctual payment of all other amounts payable by UR Canada under this Agreement.
The proceeds received by UR Canada pursuant to this paragraph shall be used for general corporate purposes, including repayment of indebtedness, acquisitions, investments, loans, purchases of Equity Interests and other payments permitted under this Agreement.