Examples of Canadian Revolving Loan in a sentence
After giving effect to any Canadian Revolver Commitment Adjustment, the Canadian Revolver Commitment of each Canadian Lender (and the percentage of each Canadian Revolving Loan that each Participant must purchase a Canadian Revolving Loan Participation in) shall be equal to such Canadian Lender’s (or Participant’s) Pro Rata Share of the amount of the Maximum Canadian Facility Amount.
Upon Agent’s making of any Revolving Advances under this subsection, each of the Lenders shall be deemed to have irrevocably, unconditionally and immediately purchased from Agent a participation in such Revolving Advances in an amount equal to such Lender’s Pro Rata Share of the US Revolving Loan Commitment or Canadian Revolving Loan Commitment, as applicable, multiplied by the total amount of such US Revolving Advances or Canadian Revolving Advances, as applicable, outstanding under this subsection.
The U.S. Borrowers jointly and severally agree to pay interest in respect of the unpaid principal amount of each U.S. Revolving Loan andU.S. Swing Line Loan and (y) the Canadian Borrowers jointly and severally agree to pay interest in respect of the unpaid principal amount of each Canadian Revolving Loan and Canadian Swing Line Loan.2.07 Fees.
Respond to CEOS requests for review of OCR ECVs. The co-Chairs will send a copy of the final report of this first WG meeting, and of future reports of the WG, to the OCR-VC co-chairs.
On any day on which the Aggregate Canadian RL Exposure exceeds the Total Canadian Revolving Loan Commitment as then in effect, the Canadian Revolving Borrowers shall prepay on such day the principal of outstanding Canadian Revolving Loans in an amount equal to such excess.