Canadian LC Obligations. the sum (without duplication) of (a) all amounts owing by the Canadian Borrower for any drawings under Letters of Credit; and (b) the stated amount of all outstanding Letters of Credit issued for the benefit of the Canadian Borrower.
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Samples: Credit Agreement (Milacron Holdings Corp.), Canadian Security Agreement (Milacron Holdings Corp.), Credit Agreement (Milacron Holdings Corp.)
Canadian LC Obligations. the sum (without duplication) of (a) all amounts owing by the Canadian Borrower for any drawings under Letters of Credit; and (b) the stated amount of all outstanding Letters of Credit issued for the benefit account of the Canadian Borrower; and (c) all fees and other amounts owing with respect to Letters of Credit issued for the account of the Canadian Borrower.
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Canadian LC Obligations. the sum (without duplication) of (a) all amounts owing by the Canadian Borrower for any drawings under Letters of Credit; and (b) the stated amount of all outstanding Letters of Credit issued for the benefit account of the Canadian Borrower, which if such Letter of Credit is denominated in a currency other than Canadian Dollars or Dollars, may be stated by Agent (at its option) in Canadian Dollars or Dollars calculated at the Spot Rate; and (c) all fees and other amounts owing with respect to Letters of Credit issued for the account of the Canadian Borrower.
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