Library
English
Browse
Resources
About
Pricing
Contracts
Clauses
Dictionary
Resources
About
Pricing
Sign In
Sign Up
Canadian Prime Rate Loans
Sample Clauses
Open Split View
Download
Share
Cite
Canadian Prime Rate Loans
.
Subject to Section
2.06(e),
the Loans
comprising each
Canadian Prime Rate Borrowing
shall bear interest at a rate
per annum
equal to
the Canadian
Prime Rate plus the
Applicable Margin
in effect
from time to time
.
Sample 1
Sample 2
Sample 3
See All (22)
Save
Copy
Canadian Prime Rate Loans
.
Canadian Borrower
agrees
to pay
interest
in respect of
the
unpaid principal amount
of each
Canadian Prime Rate Loan
from the date the proceeds thereof are made
available to
Canadian Borrower (or
in the case
of a
conversion of
a B/
A Loan
to a Canadian Prime Rate Loan, the date of such conversion) until the earlier of (i) the maturity (whether by acceleration or otherwise) of such Canadian Prime Rate Loan or (ii)
the conversion
of such Canadian Prime Rate Loan to a B/A Loan
pursuant to Section
2A.6 at a rate
per annum
equal to
the Canadian
Prime Rate plus the
Applicable Canadian Prime Rate Margin
.
Sample 1
Sample 2
Sample 3
See All (10)
Save
Copy
Canadian Prime Rate Loans
.
Each Advance
of a
Canadian Prime Rate Loan
will bear interest at a
variable rate of interest
per annum
equal to
the Canadian
Prime Rate plus the
applicable margin
(expressed as a rate per annum) as specified in the
pricing table
set forth in Section 3.2(g).
Sample 1
Sample 2
See All (10)
Save
Copy
Canadian Prime Rate Loans
. Each
Canadian Prime Rate Loan
made or maintained by a
Canadian Lender
shall bear interest (computed on the basis of
a year
of 365 or 366 days, as
the case
may be, and the
actual days
elapsed) in Canadian
Dollars on
the
unpaid principal amount
thereof, both before and after maturity, default and judgment, from the date such Loan is advanced or created by conversion, but excluding the
date of repayment
thereof, at a rate
per annum
equal to
the
sum of
the
Applicable Margin
plus
the Canadian
Prime Rate
from time to time
in effect, payable
in arrears
on the last
Business Day
of each month and
at maturity
(whether by acceleration or otherwise).
Sample 1
Sample 2
Sample 3
See All (4)
Save
Copy
Canadian Prime Rate Loans
. Each Canadian Prime Rate
Loan shall
bear interest (computed on the basis of
a year
of 365 or 366 days, as
the case
may be, and the
actual days
elapsed) on the
unpaid principal amount
thereof from the date such Loan is advanced until maturity (whether by acceleration or otherwise) at a rate
per annum
equal to
the
sum of
the
Applicable Margin
plus the
Canadian Base Rate
from time to time
in effect, payable by the
Canadian Borrower
on each
Interest Payment Date
, and
at maturity
(whether by acceleration or otherwise).
Sample 1
Sample 2
Sample 3
See All (4)
Save
Copy
Canadian Prime Rate Loans
. If and so long as such Loan is a
Canadian Prime Rate Loan
, at a rate
per annum
equal
at all times
to the
sum of
the Canadian
Prime Rate in effect
from time to time
plus the
Applicable Margin
, calculated daily and payable in
Canadian Dollars
in arrears
:
Sample 1
Sample 2
Save
Copy
Canadian Prime Rate Loans
.
Subject to Section
2.6(d), the
Canadian Borrowers
agree
to pay
interest
in respect of
the
unpaid principal amount
of each
Canadian Prime Rate Loan
from the date thereof until
payment in full
thereof at a rate
per annum
which shall be, for any day,
equal to
the
sum of
the
Applicable Margin
plus the Canadian Prime Rate in effect on such day, but
in no event
to exceed the
Highest Lawful Rate
.
Sample 1
Sample 2
Save
Copy
Canadian Prime Rate Loans
. Cognos shall pay
interest on the
outstanding principal amount
of each
Canadian Prime Rate Loan
borrowed by it under each of the
Canadian Facilities
calculated and payable from the
Borrowing Date
of such Canadian Prime Rate Loan until the date converted or deemed to be converted to another
Type of Advance
in accordance with
the provisions hereof or the
date due
to be repaid hereunder, as applicable, at a
percentage rate
per annum
equal to
the
sum of
(a) the Canadian Prime Rate plus (b) the
Applicable Margin
.
Sample 1
Save
Copy
Canadian Prime Rate Loans
. On that portion of such Borrowing maintained
from time to time
as a
Canadian Prime Rate Loan
,
equal to
the Canadian
Prime Rate from time to time in effect.
Sample 1
Save
Copy
Canadian Prime Rate Loans
.
The Borrower shall
pay to
the
Administration Agent
, for
the account
of
the Lenders
in accordance with
their applicable Rateable Shares,
interest on the
outstanding principal amount
of each
Canadian Prime Rate Loan
borrowed by it from them under the
Operating Facility
calculated and payable from the
Borrowing Date
of such Loan until converted to another
Type of Advance
in accordance with the provisions hereof or due to be repaid hereunder, as applicable, at a
percentage rate
per annum
equal to
the Canadian
Prime Rate plus the
Applicable Margin
. The Borrower shall pay the Swing Line
Lender interest
on the outstanding principal amount of each Canadian Prime Rate Loan borrowed by it from the Swing Line Lender under
the Swing Line Facility
calculated and payable from the Borrowing Date of such Loan until converted to another Type of Advance in accordance with the provisions hereof or due to be repaid hereunder, as applicable, at a percentage rate per annum equal to the Canadian Prime Rate plus the Applicable Margin.
Sample 1
Save
Copy