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UR Canada definition

UR Canada means United Rentals of Canada, Inc., an Ontario corporation. --------- U.S. Dollar and the sign "U.S.$" mean lawful money of the United States of ----------- ----- America.
UR Canada has the meaning specified in the introductory paragraph to this Agreement.
UR Canada means United Rentals of Canada, Inc., a corporation organized and existing under the laws of Canada.

Examples of UR Canada in a sentence

  • The Company irrevocably waives acceptance --------------------- hereof, presentment, demand, protest and any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against UR Canada or any other Person.

  • 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.

  • 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time any payment of principal, interest or any other amount payable by UR Canada under this Agreement or any Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of UR Canada or otherwise, the Company's obligations hereunder with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.

  • 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.

  • 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.

  • 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.

  • All contributions required under applicable law have been made in respect of all pension plans of UR Canada and each of its Subsidiaries and each such pension plan is fully funded on an ongoing and termination basis.

  • Notwithstanding any payment made by or for the account ----------- of UR Canada pursuant to this Section 14, the Company shall not be subrogated to ---------- any right of either Agent or any Bank until such time as the Agents and the Banks shall have received final payment in cash of the full amount of all obligations of UR Canada hereunder.

  • Xxxxxx, counsel to the Company and (c) Xxxxxxx Xxxxx, counsel to UR Canada.

  • Upon failure by UR Canada to pay punctually any such amount, the Company shall forthwith on demand pay the amount not so paid at the place, in the currency and in the manner specified in this Agreement.


More Definitions of UR Canada

UR Canada has the meaning specified in the introductory paragraph to this Agreement. “U.S. Availability” means, at any time, (a) the lesser of (i) the Maximum Revolver Amount and (ii) the U.S. Borrowing Base, minus (b) the sum of (i) the Aggregate U.S. Revolver Outstandings, (ii) the Aggregate ROW Revolver Outstandings, (iii) the Aggregate French Swingline Outstandings, (iv) the Aggregate Canadian Revolver Outstandings Funded On U.S. Borrowing Base and (v) the Aggregate ANZ Revolver Outstandings. “U.S. Bank” means Bank of America, N.A., a national banking association, or any successor entity thereto. “U.S. Borrowers” has the meaning specified in the introductory paragraph to this Agreement. “U.S. Borrowing Base” means, at any time, an amount in Dollars equal to: (a) the sum of (i) the lesser of (x) $100,000,000 and (y) the Merchandise and Consumables Inventory Formula Amount with respect to the U.S. Obligors; plus (ii) the lesser of (x) 100% of the Net Book Value of Eligible Rental Equipment of the U.S. Obligors and (y) 85% of the Net Orderly Liquidation Value of the Eligible Rental Equipment of the U.S. Obligors; minus (b) the sum of (i) the amount of Pari Passu Debt Reserves with respect to Indebtedness of the U.S. Obligors, plus (ii) the amount of all other Reserves related to the U.S. Credit Facilities, the ROW Credit Facilities, the French Credit Facility and/or the ANZ Credit Facilities from time to time established by the Agent in accordance with Section 2.9 of this Agreement or in accordance with the definition ofWaterfall Priority Hedge Agreement Reserve”. “U.S. Collateral” means all of the U.S. Obligors’ personal property from time to time subject to the Agent’s Liens securing payment or performance of any Obligations pursuant to the U.S. Security Documents, other than Excluded Assets (as defined in the U.S. Security Agreement). “U.S. Credit Facilities” means the revolving credit, swingline and letter of credit facilities provided for by this Agreement extended to the U.S. Borrowers. “U.S. Government Securities Business Day” means any Business Day, except any Business Day on which any of the Securities Industry and Financial Markets Association, the New York Stock Exchange or the Federal Reserve Bank of New York is not open for business because such day is a legal holiday under the federal laws of the United States or the laws of the State of New York, as applicable. “U.S. Guarantee Agreement” means the Third Amended and Restated U.S. Guarantee Agreement...

Related to UR Canada

  • Health Canada means the section of the Canadian Government known as Health Canada and includes, among other departments, the Therapeutic Products Directorate and the Health Products and Food Branch Inspectorate;

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Canada means the ten provinces of Canada, the Yukon Territory, the Districts and Islands comprising the Northwest Territories of Canada and Nunavut.

  • Cayman Companies Act means the Companies Act (as revised) of the Cayman Islands.

  • Canadian Securities Regulators means the applicable securities commission or securities regulatory authority in each of the Qualifying Jurisdictions;

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.

  • RSC means the Regional Security Coordinator(s) (RSC(s)) appointed for CCR Hansa, unless it is explicitly otherwise stated, according to Article 77(1)(a) of the SO Regulation that will perform the tasks allocated to this(these) RSC(s) according to Article 77(1)(c)(i) of the SO Regulation;

  • Australian Corporations Act means the Corporations Act 2001 of Australia;

  • Canadian Final Prospectus has the meaning set forth in Section 1(a) hereof.

  • Domestic brewery means a place where beer and malt liquor

  • Canadian Securities Commissions means the securities regulatory authorities in each of the Qualifying Jurisdictions;

  • Motorsport Australia means the Confederation of Australia Motor Sport Ltd. trading as Motorsport Australia;

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • foreign national means the following:

  • India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

  • Canadian Securities Regulatory Authorities means, collectively, the securities regulatory authority in each of the provinces and territories of Canada;

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Canadian securities legislation means the securities laws in force in each province and territory of Canada, all regulations, rules, orders and policies made thereunder and all multilateral and national instruments adopted by the Securities Regulatory Authorities in such jurisdictions;

  • Philippines means the Republic of the Philippines and when used in a geographical sense means the national territory comprising the Republic of the Philippines;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, Mainland China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • UAE means the United Arab Emirates.

  • Danish Financial Business Act means the Danish Financial Business Act (Consolidated Act No. 174 of 31 January 2017, as amended);

  • CIM means the Canadian Institute of Mining, Metallurgy and Petroleum.

  • Applicable Canadian Securities Laws means, collectively, and as the context may require, the applicable securities legislation of each of the provinces and territories of Canada, and the rules, regulations, instruments, orders and policies published and/or promulgated thereunder, as such may be amended from time to time prior to the Effective Date;