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time any payment of principal, interest or any other amount payable by UR Canada under this Agreement or any Note is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of UR Canada or otherwise, the Company's obligations hereunder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