Examples of US$-Canadian Commitment in a sentence
Each Canadian Lender acknowledges that some or all of its US$-Canadian Commitment may be allocated from time to time under this subsection 2.6 to the Company.
DirectorNo. of Committee meetings heldNo. of Committee meetings attend.Mr. Visswas Panse - Chairman and Independent Non ExecutiveDirector11Mr. Ashok Bhanushali – Member and Independent Non Ex. Director11Mr. Kamlesh Mehta ~ Member & Promoter Director11 During the year the Non-Ex. Directors were not paid any sitting fees Disclosure on Remuneration of Directors 1.
For recent case law on this provision see Court of Cassation, 14 March 2008, LJN BC1231 and Court of Cassation, 11 December 2009, LJN BJ7329.
The Loans made by each Lender under its US$ Commitment, US$-Canadian Commitment, Multi-Currency Commitment or Term Commitment shall be evidenced by a single promissory note of the relevant Borrower (each, a "NOTE") in substantially the form of Exhibit A-1 (in the case of Revolving Loans) or Exhibit A-2 (in the case of Term Loans) hereto, dated the Effective Date, payable to such Lender in a principal amount equal to such Commitment as in effect on the Effective Date and otherwise duly completed.
The Loans made by each Lender under its US$ Commitment, US$-Canadian Commitment or Multi-Currency Commitment shall be evidenced by a single promissory note of the relevant Borrower (each, a "Note") in substantially the form of Exhibit A hereto, dated the Effective Date, payable to such Lender in a principal amount equal to such Commitment as in effect on the Effective Date and otherwise duly completed.
The US Borrower and the Canadian Borrower agree that at no time during such month shall the aggregate principal amount of the C$ Loans exceed the aggregate Canadian Commitment specified in such notice, nor shall the aggregate principal amount of the US$-Canadian Loans exceed the aggregate US$-Canadian Commitment specified in such notice, and in no event shall the aggregate of the Canadian Commitments and the US$-Canadian Commitments exceed US$50,000,000.
Each Canadian Lender acknowledges that some or all of its US$-Canadian Commitment may be allocated from time to time under this subsection 2.6 to the US$-Canadian Borrower.