Canadian Dollar Equivalent Sample Clauses

Canadian Dollar Equivalent. On any date of determination and with respect to any amount of U.S. Dollars, the amount of Canadian Dollars that could be purchased with that amount of U.S. Dollars, at the spot rate of exchange quoted by the Administrative Agent in the foreign exchange market at or about 11:00 a.m. (New York time) on the date two Business Days prior to the date as of which the foreign exchange computation is made for the purchase of Canadian Dollars with U.S. Dollars. Canadian Dollars or CAN$. Canadian Dollars in lawful currency of Canada. Canadian Employee. Any employee, consultant or contractor providing services in Canada to the Canadian Borrower.
AutoNDA by SimpleDocs
Canadian Dollar Equivalent. At any time, (a) with respect to any amount denominated in Canadian Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Canadian Dollars, the equivalent amount thereof in Canadian Dollars as determined by the Applicable Agent or the Issuing Lender, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Canadian Dollars with such other currency. Canadian Dollars or Cdn. $. Lawful currency of Canada.
Canadian Dollar Equivalent. On any date of determination, with respect to an amount denominated in Canadian Dollars, such amount of Canadian Dollars, and with respect to an amount denominated in a currency other than Canadian Dollars, the amount of Canadian Dollars (as conclusively ascertained by the Administrative Agent absent manifest error) which could be purchased by the Administrative Agent with that amount of such other currency at the spot rate of exchange quoted by the Administrative Agent in the applicable foreign exchange market on the date of determination for the purchase of Canadian Dollars with such currency. Canadian Dollars or Cdn.$. Lawful currency of Canada. Canadian Guaranteed Obligations. See Sections 7.1.
Canadian Dollar Equivalent. With respect to an amount of U.S. Dollars, Sterling or Euros on any date, the amount of Canadian Dollars that may be purchased with such amount of U.S. Dollars, Euros or Sterling at the Exchange Rate with respect to U.S. Dollars, Euros or Sterling, as applicable, on such date. Canadian Dollars or C$. Dollars in lawful currency of Canada. Canadian Facility Fee. See §2.2(b). Canadian LIBOR Rate. For any Interest Period with respect to any Canadian LIBOR Rate Loan: (a) the rate of interest per annum, expressed on the basis of a year of 360 days, determined by the Canadian Agent, which is equal to the offered rate that appears on the page of the Reuters LIBOR01 screen (or any successor thereto as may be selected by the Canadian Agent) that displays an average British Bankers Association Interest Settlement Rate for deposits in U.S. Dollars with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two (2) Business Days prior to the first day of such Interest Period, or (b) if the rates referenced in the preceding subsection (a) are not available, the rate per annum determined by the Canadian Agent as the rate of interest, expressed on a basis of 360 days at which deposits in U.S. Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the Canadian LIBOR Rate Loan being made, continued or converted by the Canadian Agent and with a term and amount comparable to such Interest Period and principal amount of such Canadian LIBOR Rate Loan as would be offered by the Canadian Agent’s London Branch to major banks in the offshore U.S. Dollar market at their request at approximately 11:00 a.m. (London time) two (2) Business Days prior to the first day of such Interest Period. Canadian LIBOR Rate Loans. Canadian Loans denominated in U.S. Dollars that bear interest calculated by reference to the Canadian LIBOR Rate. Canadian Loan Request. See §2.7(b).
Canadian Dollar Equivalent. With respect to an amount of U.S. Dollars on any date, the amount of Canadian Dollars that may be purchased with such amount of U.S. Dollars at the Exchange Rate with respect to U.S. Dollars on such date. CANADIAN DOLLARS OR C$. Dollars designated as lawful currency of Canada. CANADIAN LETTERS OF CREDIT. Standby Letters of Credit issued or to be issued by the Issuing Bank under Section 4 hereof for the account of the Canadian Borrowers. CANADIAN LOAN AND LETTER OF CREDIT REQUEST. See Section 2.6(b). CANADIAN LOANS. Canadian Base Rate Loans and Canadian Prime Rate Loans advanced pursuant to Section 2. CANADIAN NOTES. See Section 2.3(b).
Canadian Dollar Equivalent. With respect to an amount of U.S. Dollars on any date, the amount of Canadian Dollars that may be purchased with such amount of U.S. Dollars at the Exchange Rate with respect to U.S. Dollars on such date. Canadian Dollars or C$. Dollars designated as lawful currency of Canada. Canadian Letters of Credit. Standby Letters of Credit issued or to be issued by the Issuing Bank under Section 4 hereof for the account of the Canadian Borrowers. Canadian Loan Request. See Section 2.6(b).
Canadian Dollar Equivalent. On any date of determination, with respect to -------------------------- an amount denominated in Canadian Dollars, such amount of Canadian Dollars, and with respect to an amount denominated in a currency other than Canadian Dollars, the amount of Canadian Dollars (as conclusively ascertained by the Administrative Agent absent manifest error) which could be purchased by the Administrative Agent with that amount of such other currency at the spot rate of exchange quoted by the Administrative Agent in the applicable foreign exchange market on the date of determination for the purchase of Canadian Dollars with such currency. Canadian Dollars or Cdn. $. Dollars in lawful currency of Canada. ---------------- ------ Canadian Eurodollar Rate. In respect of each Interest Period for a ------------------------ Canadian Eurodollar Loan, the rate for deposits in Canadian Dollars for a period comparable to such Interest Period which appears on Telerate Page 3740 of the Dow Xxxxx Telerate Service (or such other page as may be designated as a replacement page for such deposits) as of 11:00 a.m. (London time) two Canadian Business Days before the first day of such Interest Period. Canadian Eurodollar Rate Loans. The Canadian Term Loan denominated in ------------------------------ Canadian Dollars and bearing interest calculated by reference to the Canadian Eurodollar Rate.
AutoNDA by SimpleDocs

Related to Canadian Dollar Equivalent

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

  • Alternative Currencies In the case of a Credit Extension to be denominated in an Alternative Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Revolving Credit Lenders (in the case of any Loans to be denominated in an Alternative Currency) or the L/C Issuer (in the case of any Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension to be denominated in the relevant Alternative Currency.

  • Base Currency For the purposes of any calculation hereunder, we may convert amounts denominated in any other currency into the Base Currency at such rate prevailing at the time of the calculation as we shall reasonably select.

  • Interest on Revolving Credit Loans Except as otherwise provided in Section 5.11,

  • Prime Rate Loans During such periods as Revolving Loans shall be comprised of Prime Rate Loans, each such Prime Rate Loan shall bear interest at a per annum rate equal to the sum of the Prime Rate;

  • Additional Alternative Currencies (a) The Borrower may from time to time request that Eurocurrency Rate Loans be made and/or Letters of Credit be issued in a currency other than those specifically listed in the definition of “Alternative Currency;” provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request with respect to the making of Eurocurrency Rate Loans, such request shall be subject to the approval of the Administrative Agent and the Lenders; and in the case of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent and the L/C Issuer.

  • Revolving Credit Advances The Borrower shall repay to the Administrative Agent for the ratable account of the Lenders on the Termination Date the aggregate outstanding principal amount of the Revolving Credit Advances then outstanding.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Letter of Credit Advances (i) The Borrower shall repay to the Administrative Agent for the account of each Issuing Bank and each other Lender that has made a Letter of Credit Advance on the same day on which such Advance was made the outstanding principal amount of each Letter of Credit Advance made by each of them.

  • Interest on Swingline Loans Subject to the provisions of Section 2.8, Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate plus the Applicable Margin for Revolving Loans that are Alternate Base Rate Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Time is Money Join Law Insider Premium to draft better contracts faster.