Canadian Commitment Sample Clauses

Canadian Commitment. Each Canadian Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Canadian Advances to the Canadian Borrower from time to time on any Business Day during the period from the Effective Date until the Business Day immediately preceding the Maturity Date; provided that after giving effect to such Canadian Advances, the Canadian Outstandings shall not exceed the aggregate Canadian Commitments in effect at such time. Within the limits of each Canadian Lender’s Canadian Commitment, the Canadian Borrower may from time to time borrow, prepay pursuant to Section 2.7, and reborrow under this (b).
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Canadian Commitment. Each Canadian Facility Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Canadian Advances to the Canadian Borrower in the requested Designated Currency from time to time on any Business Day during the period from the Closing Date until the Maturity Date; provided that after giving effect to such Canadian Advances, (i) the Canadian Outstandings shall not exceed the aggregate Canadian Commitments in effect at such time and (ii) such Canadian Advances shall be denominated and funded in the applicable Designated Currency. Each Canadian Borrowing shall (A) if comprised of Canadian (Cdn) Base Rate Advances be in an aggregate amount not less than C$500,000 and in integral multiples of C$100,000 in excess thereof (or the remaining amount of the Canadian Commitments, if less), (B) if comprised of Canadian (US) Base Rate Advances be in an aggregate amount not less than $500,000 and in integral multiples of $100,000 in excess thereof (or the remaining amount of the Canadian Commitments, if less), (C) if comprised of B/A Advances be in such minimum amounts as required under Section 2.18, (D) if comprised of Eurocurrency Advances be in an aggregate amount not less than $1,000,000 and in integral multiples of $500,000 in excess thereof (or the remaining amount of the Canadian Commitments, if less), and (E) consist of Canadian Advances of the same Type made on the same day by the Canadian Facility Lenders ratably according to their respective Canadian Commitments. Within the limits of each Lender’s Canadian Commitment, the Canadian Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(b).
Canadian Commitment. The US Borrower may, upon notice to the Canadian Lender, terminate the Canadian Commitment, or from time to time permanently reduce the Canadian Commitment; provided that (i) any such notice shall be received by the Canadian Lender not later than 11:00 a.m. five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of C$5,000,000 or any whole multiple of C$1,000,000 in excess thereof, (iii) the US Borrower shall not terminate or reduce the Canadian Commitment if, after giving effect thereto and to any concurrent prepayments hereunder, the Canadian Total Outstandings would exceed the Canadian Commitment and (iv) if, after giving effect to any reduction of the Canadian Commitment, the Canadian L/C Sublimit exceeds the amount of the Canadian Commitment, the Canadian L/C Sublimit shall be automatically reduced by the amount of such excess. All fees accrued until the effective date of any termination of the Canadian Commitment shall be paid on the effective date of such termination. Upon any termination of the Aggregate Commitments, the Canadian Commitment shall automatically terminate.
Canadian Commitment. Canadian Borrowers shall pay to Agent at the Designated Lending Office, for the ratable account of the Canadian Lenders, as a consideration for the Canadian Commitment, a facility fee from the Closing Date to and including the last day of the Commitment Period, payable quarterly, at a rate per annum equal to (A) the Applicable Facility Fee Rate in effect on the payment date, times (B) the average daily Maximum CAD Revolving Amount in effect during such quarter. The facility fee shall be payable in arrears, on June 30, 2005 and on each Regularly Scheduled Payment Date thereafter, and on the last day of the Commitment Period.
Canadian Commitment. Subject to the terms and conditions of this Agreement, the Canadian Lender agrees to make loans (each a “Canadian Loan” and collectively the “Canadian Loans”) in Canadian Dollars to each Canadian Borrower during the period from the Closing Date to the Termination Date in a Dollar Equivalent amount at any time outstanding not to exceed the Canadian Sublimit; provided that the Total Outstandings shall not at any time exceed the Total Commitment. Subject to the terms and conditions hereof, each Canadian Borrower may borrow under this Section 4.01, prepay under Section 4.05 and reborrow under this Section 4.01 from time to time.
Canadian Commitment. Canadian Borrowers may at any time and from time to time permanently reduce in whole or ratably in part the Canadian Commitment of the Canadian Lenders hereunder to an amount not less than the then existing CAD Revolving Exposure, by giving Agent not fewer than three Business Days notice of such reduction, provided that any such partial reduction shall be in an aggregate amount, for all of the Canadian Lenders, of not less than Five Million Canadian Dollars (CAD 5,000,000), increased by increments of One Million Canadian Dollars (CAD 1,000,000). Agent shall promptly notify each Canadian Lender of the date of each such reduction and such Canadian Lender’s proportionate share thereof. After each such reduction, the facility fees payable hereunder shall be calculated upon the Maximum CAD Revolving Amount as so reduced.
Canadian Commitment. With respect to each Lender, such Lender’s Commitment Percentage of the Total Canadian Commitments.
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Canadian Commitment. With respect to each Canadian Lender, (a) the amount set forth on Schedule 1 hereto as the amount of such Canadian Lender's commitment to make Canadian Loans to Zale Xxxada, as the same may be changed from time to time in accordance with the provisions of this Credit Agreement; or if such commitment is terminated pursuant to the provisions hereof, zero or (b) if such Canadian Lender has entered into one or more Assignments and Acceptances, then the amount set forth for such Canadian Lender in the Register maintained by the Agent and Canadian Agent as the amount of such Canadian Lender's commitment to make Canadian Loans to Zale Xxxada, as the same may be changed from time to time in accordance with the provisions of this Credit Agreement; or if such commitment is terminated pursuant to the provisions hereof, zero.
Canadian Commitment. (a) The Business Day of the Proposed Loan is __________, 200__.
Canadian Commitment. At any time during the Commitment Increase Period, US Borrower, on behalf of the Canadian Borrowers, may increase the Maximum CAD Revolving Amount up to an amount that shall not exceed the Ultimate CAD Revolving Amount (with a corresponding increase in the Total Commitment Amount) by either (A) increasing, for one or more Canadian Lenders, with their prior written consent (and with the prior written consent of Agent), their respective CAD Revolving Credit Commitments, or (B) including one or more Additional Lenders, with the prior written consent of Agent (which shall not be unreasonably withheld), each with a new CAD Revolving Credit Commitment, as a party to this Agreement (each, an “Additional CAD Commitment”).
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