CDN Sample Clauses
The "Cdn" clause typically refers to a provision related to Canadian law, jurisdiction, or compliance within a contract. This clause may specify that the agreement is governed by Canadian law, that certain obligations must be fulfilled in accordance with Canadian regulations, or that parties must adhere to Canadian standards for performance or reporting. For example, it might require that all transactions be conducted in Canadian dollars or that disputes be resolved in Canadian courts. The core function of this clause is to ensure legal clarity and compliance with Canadian requirements, thereby reducing uncertainty and potential legal conflicts for parties operating in or with Canada.
CDN. If a vehicle becomes non-operational during shipment, these fees, plus any additional fees required to accomplish delivery will be added to the Customers account and must be paid prior to delivery. Depending on the vehicle’s location, we may not be able to proceed with delivery if the vehicle becomes inoperable.
CDN. Borrower may prepay the Cdn. Revolving Note in whole at any time or from time to time in part without premium or penalty other than as provided in Section 7.9 but with accrued interest to the date of prepayment on the amount so prepaid.
CDN. Borrower, directly or indirectly, owns one hundred percent (100%) of the outstanding voting stock or other ownership interest of each such Subsidiary.
CDN which conversion price remains constant regardless of the number of issued and outstanding common shares at the time of conversion.
CDN. Term Loan (Cdn.$21,200,000).
a) Subject to the terms and conditions hereof, each Cdn. Term Lender agrees to make a term loan denominated in Canadian Dollars (collectively, the "Cdn. Term Loan") on the Closing Date to Lower Lakes in the original principal amount of its Cdn. Term Loan Commitment. The obligations of each Cdn. Term Lender hereunder shall be several and not joint. The Cdn. Term Loan shall be evidenced by promissory notes substantially in the form of Exhibit 1.1
CDN. Borrower has instituted and implemented a perpetual inventory system satisfactory to Cdn. Lender, (ii) Cdn. Borrower has eliminated all pre-billing of invoices, and (iii) Cdn. Borrower has retained and will make available to auditors, all bank statements and such statements shall be reconciled to the Cdn. Borrower’s general ledger. Failure to satisfactorily evidence any or all of the aforementioned shall be an Event of Default following which Cdn. Borrower shall have ninety (90) days to cure such Event of Default. If such an Event of Default occurs, then Cdn. Lender shall obtain an additional Special Field Audit upon the earlier of (i) notice from Cdn. Borrower that the Event of Default has been cured, or (ii) the expiration of the ninety (90) day cure period. For the purposes of this section “Special Field Audit” shall mean an interim Field Audit for which Cdn. Lender shall be reimbursed by Cdn. Borrower for all related costs and such audit shall not be deemed the annual Field Audit contemplated under Section 11.6(b) of this Agreement.
CDN. Borrower shall maintain (i) the documentation of the Cdn. Vessels under the laws of Canada and the registration of such Cdn. Vessels at any port in the province of Ontario as Canadian Ships within the meaning of the Canada Shipping Act and (ii) the qualification of the Cdn. Vessels to operate in the Canadian coastwide trade. Cdn. Borrower will maintain all necessary licenses and permits in force at all times, and not do or permit anything to be done which might affect such documentation, registration or qualification (except with respect to the Manitoulin prior to and while the vessel is undergoing the Conversion at the Conversion Shipyard as contemplated by Section 5.15 below). Each of Grand River and Black Creek shall maintain the documentation of the US Vessels that it owns under the laws of the United States of America (and shall ensure that the owner of each US Vessel not owned by it maintains the documentation of such US Vessels under the laws of the United States of America) and shall maintain the qualification of the US Vessels to operate in the US coastwide trade, in each case, except for any failure to comply associated with and only to the extent required during a period of seasonal temporary layup. Grand River and Black Creek will maintain, or will cause the owners of the US Vessels to maintain, all proper licenses and permits in force at all times and not do or permit anything to be done which might affect such documentation, registration or qualification, other than, (x) with respect to any period of seasonal temporary layup and (y) with respect to the Invincible, any failure to comply associated with and only to the extent required during a period of temporary or long-term lay-up. For the avoidance of doubt and not in limitation of the foregoing, during any period of temporary or long-term layup of the Invincible, the Invincible shall not be required to have or maintain a five-year dry-dock survey, and other similar survey or inspection or any certificate of compliance to sail.
CDN. Borrower acknowledges that if an Event of Default or Unmatured Event of Default exists Cdn. Lender is not obligated to fund the Requested Advance.
CDN. Borrower shall not request a BA Rate Loan so as to require a payment or prepayment of such BA Rate Loan during a BA Period for such; and
CDN. The winner is responsible for transportation to and from the gala dinner and all other expenses not listed. The prize cannot be transferred or substituted and the event will not be rescheduled if a selected entrant cannot attend. Each entrant and nominee acknowledges and agrees that the Sponsor shall not be under any obligation to print or otherwise publish any photo or article, and that Sponsor may choose to use, edit, modify, alter or not use any Material submitted, in its sole discretion, without any further notice, review, consent, approval or compensation. If a potential winner does not claim the prize within 48 hours of notification, another eligible entry will be contacted and the first selected entrant will have no further claim to the prize. In order to be eligible to win the prize, each selected entrant and nominee must correctly answer a mathematical skill-testing question without assistance or mechanical or electronic aid. If a selected nominee is unable or unwilling to accept or otherwise redeem the prize on the terms it is awarded, the prize shall be forfeited and no cash or substitutes will be provided in whole or in part. If no eligible entries are received for a particular category, no prize will be awarded for such category.