Canadian Swing Line Loans definition

Canadian Swing Line Loans as defined in Section 3.3(c).
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Canadian Swing Line Loans means, collectively, the loans made to the Canadian Borrower by the Canadian Swing Line Lender pursuant to the Canadian Swing Line Commitment.
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Canadian Swing Line Loans as defined in Section 5.14. -------------------------
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Examples of Canadian Swing Line Loans in a sentence

  • To accept with gratitude the offer of the Government of Trinidad and Tobago to host the Fourth Meeting of Ministers of Justice or of Ministers or Attorneys General of the Americas and agree that the agenda for that meeting should be prepared within the OAS.

  • Each Canadian Lender shall have the obligation to purchase and fund risk participations in the Canadian Swing Line Loans and to refinance Canadian Swing Line Loans as provided in this Agreement.

  • If such Lender resigns as Canadian Swing Line Lender, it shall retain all the rights of the Canadian Swing Line Lender provided for hereunder with respect to Canadian Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Canadian Lenders to make Canadian Prime Rate Committed Loans or Canadian Base Rate Committed Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 3.05(c) .

  • One such Canadian Note shall be payable to each Canadian Bank requesting such Note in an amount equal to its Canadian Commitment, and shall represent the joint and several obligation of the Canadian Borrowers to pay such Canadian Bank such principal amount or, if less, the outstanding principal amount of all Canadian Loans (other than Canadian Swing Line Loans) made by such Canadian Bank, plus interest accrued thereon, as set forth herein.

  • This should therefore be regarded as the absolutely necessary minimum.

  • The Canadian Loans (other than the Canadian Swing Line Loans) may be evidenced by separate promissory notes of the Canadian Borrowers in substantially the form of Exhibit A-2 hereto (each, a “ Canadian Note ”), dated as of the Closing Date and completed with appropriate insertions.

  • Subject to the terms and conditions hereinafter set forth, upon notice by the Canadian Borrowers to the Canadian Swing Line Lender in accordance with this §2.14 , the Canadian Swing Line Lender agrees to make loans to the Canadian Borrowers (the “ Canadian Swing Line Loans ”) in Dollars or Canadian Dollars on any Business Day prior to the Maturity Date in an aggregate principal amount not to exceed $50,000,000 (or the Canadian Dollar Equivalent thereof) at any one time outstanding.

  • No such funding or risk participations shall relieve or otherwise impair the obligation of the Canadian Borrowers to repay Canadian Swing Line Loans, together with interest as provided herein.

  • Enron and LJM2 had agreed on three classes of ownership interests in the Fishtail joint venture.

  • For the avoidance of doubt, (A) U.S. Swing Line Loans are not deducted from the U.S. Revolving Commitments when calculating the U.S. Commitment Fee under this Section 2.05(a) and (B) Canadian Swing Line Loans are not deducted from the Canadian Revolving Commitments when calculating the Canadian Commitment Fee under this Section 2.05(a).


More Definitions of Canadian Swing Line Loans

Canadian Swing Line Loans. See §2.14(a).
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Canadian Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).
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Canadian Swing Line Loans to Canadian Borrower on any Business Day from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that (x) do not exceed the Total Canadian Swing Line Commitment, (y) when added to the Dollar Equivalent principal amount of Swing Line Loans then outstanding does not exceed the Total Swing Line Commitment and (z) when added to the Dollar Equivalent principal amount of Canadian Swing Line Loans then outstanding from such Canadian Swing Line Lender does not exceed such Canadian Swing Line Lender’s Canadian Swing Line Commitment; provided, however, that in no event may the amount of any Borrowing of Canadian Swing Line Loans (I) exceed the sum of the Available Multicurrency Revolving Commitments immediately prior to such Borrowing (after giving effect to the use of proceeds thereof), (II) cause the outstanding Multicurrency Revolving Loans of any Lender, when added to such Lender’s Multicurrency Revolver Pro Rata Share of the then outstanding Swing Line Loans and of such requested Swing Line Borrowing (without duplication) and Multicurrency Revolver Pro Rata Share of the aggregate LC Obligations (exclusive of Unpaid Drawings relating to LC Obligations which are repaid with the proceeds of, and simultaneously with the incurrence of, Multicurrency Revolving Loans or Swing Line Loans) to exceed such Lender’s Multicurrency Revolving Commitment, (III) cause the sum of all outstanding Loans and LC Obligations denominated in Canadian Dollars, Australian Dollars or any Alternative Currency to exceed the Maximum Foreign Currency Sublimit; or (IV) cause the sum of all outstanding Loans and LC Obligations owing by Subsidiary Borrowers to exceed the Maximum Foreign Borrower Sublimit. Amounts borrowed under this Section 2.1(b)(i)(B) may be repaid and, to but excluding the last day of the Commitment Period, reborrowed. All Canadian Swing Line Loans shall be due in full on the Multicurrency Revolver Termination Date. Canadian Swing Line Lender may make Canadian Swing Line Loans to Canadian Borrower at Canadian Borrower’s request in the form of bankers acceptances on customary terms for bankers acceptances as agreed by Canadian Swing Line Lender and Canadian Borrower from time to time.
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Canadian Swing Line Loans denominated in Canadian Dollars or U.S. Dollars to the Canadian Borrower in an aggregate amount equal to the aggregate amount of the Borrowing of the Canadian Swing Line Loan requested by the Canadian Borrower to be made on such day; and
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Related to Canadian Swing Line Loans

  • Swing Line Loans as defined in Section 2.6.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

  • Swing Line Advance has the meaning ascribed to it in Section 1.1(c)(i).

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Swingline Loans as defined in Section 2.6.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Swing Line Outstandings means, as of any date of determination, the aggregate principal amount of all Swing Line Loans then outstanding.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Swing Line Commitment the obligation of the Swing Line Lender to make Swing Line Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Loans as defined in Section 2.1.

  • Refunded Swingline Loans as defined in Section 2.7(b).