Common use of Canadian Swing Line Loans Clause in Contracts

Canadian Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out in Section 4.2 and, if such Canadian Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity Date, each Canadian Swing Line Lender agrees, on the terms and conditions set out in this Agreement, to make Canadian Swing Line Loans in Dollars or Canadian Dollars to the Parent or any Canadian Borrower from time to time in an aggregate principal Dollar Amount not to exceed, for all such Borrowers, the Canadian Swing Line Commitment, provided that (i) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment, and (ii) at no time shall such Canadian Swing Line Lender's Outstanding Credit Exposure exceed the Dollar Amount of such Canadian Swing Line Lender's Commitment at such time. Canadian Swing Line Loans may bear interest at either the Offered Rate or, in the case of Loans denominated in Canadian Dollars, the Canadian Prime Rate. Subject to the terms of this Agreement, the Parent and the Canadian Borrowers may borrow, repay and reborrow Canadian Swing Line Loans at any time prior to the applicable Commitment Maturity Date.

Canadian Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out in Section 4.2 and, if such Canadian Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity Date, each Canadian Swing Line Lender agrees, on the terms and conditions set out in this Agreement, to make Canadian Swing Line Loans in Dollars or Canadian Dollars to the Parent or any Canadian Borrower from time to time in an aggregate principal Dollar Amount not to exceed, for all such Borrowers, the Canadian Swing Line Commitment, provided that (i) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment, and (ii) at no time shall such Canadian Swing Line Lender's ’s Outstanding Credit Exposure exceed the Dollar Amount of such Canadian Swing Line Lender's ’s Commitment at such time. Canadian Swing Line Loans may bear interest at either the Offered Rate or, in the case of Loans denominated in Canadian Dollars, the Canadian Prime Rate. Subject to the terms of this Agreement, the Parent and the Canadian Borrowers may borrow, repay and reborrow Canadian Swing Line Loans at any time prior to the applicable Commitment Maturity Date.

Canadian Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out in Section 4.2 and, if such Canadian Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity the Facility Termination Date, each Canadian Swing Line Lender agrees, on the terms and conditions set out in this Agreement, to make Canadian Swing Line Loans in Dollars or Canadian Dollars to the Parent or any Canadian Borrower from time to time in an aggregate principal Dollar Amount not to exceed, for all such Borrowers, exceed the Canadian Swing Line CommitmentElection, provided that (ia) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment, and (iib) at no time shall such Canadian Swing Line Lender's ’s Outstanding Credit Exposure exceed the Dollar Amount of such Canadian Swing Line Lender's ’s Commitment at such time. Canadian Swing Line Loans may bear interest at either the Offered Rate or, in the case of Loans denominated in Canadian Dollars, the Canadian Prime Rate. Subject to the terms of this Agreement, the Parent and or the applicable Canadian Borrowers Borrower may borrow, repay and reborrow Canadian Swing Line Loans at any time prior to the applicable Commitment Maturity Facility Termination Date.

Canadian Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out in Section 4.2 and, if such Canadian Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity Date, each Canadian Swing Line Lender agrees, on the terms and conditions set out in this Agreement, to make Canadian Swing Line Loans in Dollars or Canadian Dollars to the Parent or any Canadian Borrower from time to time in an aggregate principal Dollar Amount not to exceed, for all such Borrowers, exceed the Canadian Swing Line CommitmentElection, provided that (ia) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment, and (iib) at no time shall such Canadian Swing Line Lender's ’s Outstanding Credit Exposure exceed the Dollar Amount of such Canadian Swing Line Lender's ’s Commitment at such time. Canadian Swing Line Loans may bear interest at either the Offered Rate or, in the case of Loans denominated in Canadian Dollars, the Canadian Prime Rate. Subject to the terms of this Agreement, the Parent and or the applicable Canadian Borrowers Borrower may borrow, repay and reborrow Canadian Swing Line Loans at any time prior to the applicable Commitment Maturity Date.

Canadian Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out forth in Section 4.2 and, if such Canadian Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out forth in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity the Facility Termination Date, each Canadian Swing Line Lender agrees, on the terms and conditions set out forth in this Agreement, to make Canadian Swing Line Loans in Dollars or Canadian Dollars to the Parent or any Canadian Borrower from time to time in an aggregate principal Dollar Amount not to exceed, for all such Borrowers, exceed the Canadian Swing Line CommitmentElection, provided that (ia) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment, and (iib) at no time shall such Canadian Swing Line Lender's ’s Outstanding Credit Exposure exceed the Dollar Amount of such Canadian Swing Line Lender's ’s Commitment at such time. Canadian Swing Line Loans may bear interest at either the Offered Rate or, in the case of Loans denominated in Canadian Dollars, the Canadian Prime Rate. Subject to the terms of this Agreement, the Parent and or the applicable Canadian Borrowers Borrower may borrow, repay and reborrow Canadian Swing Line Loans at any time prior to the applicable Commitment Maturity Facility Termination Date.