Supplemental Canadian Dollar Term B Loans Sample Clauses

Supplemental Canadian Dollar Term B Loans. Each Lender that has a Supplemental Canadian Dollar Term B Loan Commitment severally agrees to lend to Borrower on the Restatement Date an amount in Canadian Dollars not exceeding its Pro Rata Share of the aggregate amount of the Supplemental Canadian Dollar Term B Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Lender’s Supplemental Canadian Dollar Term B Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the aggregate amount of the Supplemental Term B Loan Commitments is the Canadian Dollar Equivalent of $57,000,000; provided that the Supplemental Canadian Dollar Term B Loan Commitments of Lenders shall be adjusted to give effect to any assignments of the Supplemental Canadian Dollar Term B Loan Commitments pursuant to subsection 10.1B. Each Lender’s Supplemental Canadian Dollar Term B Loan Commitment shall expire immediately and without further action on September 15, 2005 if the Supplemental Canadian Dollar Term B Loans are not made on or before that date. Borrower may make only one borrowing under the Supplemental Canadian Dollar Term B Loan Commitments. Supplemental Canadian Dollar Term B Loans which are subsequently repaid or prepaid may not be reborrowed. Each Supplemental Canadian Dollar Term B Lender, if it is not a "United States person" (as such term is defined in Section 7701(a)(30) of the Internal Revenue Code), shall designate by notice in writing to Administrative Agent, a Related Affiliate of such Supplemental Canadian Dollar Term B Lender that is either a "United States person" (as such term is defined in Section 7701(a)(30) of the Internal Revenue Code) or is a Non-US Lender that has fulfilled the requirements in subsection 2.7B, for the purposes of making Supplemental Canadian Dollar Term B Loans available to Borrower.
Sample 1
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Supplemental Canadian Dollar Term B Loans. Borrower shall make principal payments in Canadian Dollars on the Supplemental Canadian Dollar Term B Loans in installments on the dates and in the amounts set forth below: Date Scheduled Repayment of Supplemental Canadian Dollar Term B Loans September 30, 2005 C$176,000.00 December 31, 2005 C$176,000.00 March 31, 2006 C$176,000.00 June 30, 2006 C$176,000.00 September 30, 2006 C$176,000.00 December 31, 2006 C$176,000.00 March 31, 2007 C$176,000.00 June 30, 2007 C$176,000.00 September 30, 2007 C$176,000.00 December 31, 2007 C$176,000.00 March 31, 2008 C$176,000.00 June 30, 2008 C$176,000.00 September 30, 2008 C$176,000.00 December 31, 2008 C$176,000.00 March 31, 2009 C$176,000.00 June 30, 2009 C$176,000.00 September 30, 2009 C$176,000.00 December 31, 2009 C$176,000.00 March 31, 2010 C$176,000.00 June 30, 2010 C$176,000.00 September 30, 2010 C$176,000.00 December 31, 2010 C$176,000.00 March 31, 2011 C$176,000.00 June 30, 2011 C$176,000.00 September 30, 2011 C$176,000.00 December 31, 2011 C$176,000.00 Term Loan Maturity Date C$65,750,600.00 TOTAL: C$70,326,600.00 ; provided that the scheduled installments of principal of the Supplemental Canadian Dollar Term B Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Supplemental Canadian Dollar Term B Loans in accordance with subsection 2.4B(iv); and provided, further, that the Supplemental Canadian Dollar Term B Loans and all other amounts owed hereunder with respect to the Supplemental Canadian Dollar Term B Loans shall be paid in full no later than the Term Loan Maturity Date, and the final installment payable by Borrower in respect of the Supplemental Canadian Dollar Term B Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Borrower under this Agreement with respect to the Supplemental Canadian Dollar Term B Loans.
Sample 1

Related to Supplemental Canadian Dollar Term B Loans

  • Tranche B Term Loans Each Lender that has a Tranche B Term Loan Commitment severally agrees to lend to Borrower on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. Borrower shall deliver to Administrative Agent a Notice of Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Closing Date, requesting a borrowing of the Tranche B Term Loans. The Notice of Borrowing shall specify (i) the proposed Funding Date (which shall be a Business Day), and (ii) that such Loans shall be Base Rate Loans. The aggregate amount of the Tranche B Term Loan Commitments is $45,000,000; PROVIDED that the Tranche B Term Loan Commitments of Lenders shall be adjusted to (1) give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B and (2) any increase in Tranche B Term Loans pursuant to subsection 2.1A(iv). Each Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on March 31, 2002 if the Tranche B Term Loans have not been made on or before that date. Subject to subsection 2.1A(iv), Borrower may make only one borrowing under the Tranche B Term Loan Commitments. Amounts 35 borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.

  • Revolving Loan Borrowings (i) Each Borrowing of Revolving Loans shall be made on notice given by a Borrower to the Revolving and LC Administrative Agent not later than 11:00 a.m. (New York time) (A) on the Business Day of the proposed Borrowing, in the case of a Borrowing of Base Rate Loans and (B) three Business Days prior to the date of the proposed Borrowing, in the case of a Borrowing of Eurodollar Rate Loans. Each such notice shall be in substantially the form of Exhibit C-2 (a “Notice of Revolving Borrowing”) (or shall be made by telephone and the same information shall be confirmed promptly thereafter in writing), specifying (1) the date of such proposed Borrowing, (2) the aggregate amount of such proposed Borrowing, (3) whether any portion of the proposed Borrowing will be of Base Rate Loans or Eurodollar Rate Loans, (4) the initial Interest Period or Interest Periods for any such Eurodollar Rate Loans, and (5) remittance instructions. The Revolving Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Revolving Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans. Each Borrowing of Revolving Loans shall be in an aggregate amount that is an integral multiple of $1,000,000.00 (or $500,000.00 with respect to Swing Loans) and shall be allocated ratably in accordance with each Revolving Lender’s Revolving Commitment.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Procedure for Advances of Revolving Credit Loans and Swingline Loans Section 2.4 Repayment and Prepayment of Revolving Credit and Swingline Loans

  • Tranche A Term Loans Subject to the terms and conditions set forth herein, each Tranche A Term Loan Lender agrees to make a Tranche A Term Loan to the Borrower on the Effective Date in a principal amount not exceeding its Tranche A Term Loan Commitment. Amounts repaid in respect of Tranche A Term Loans may not be reborrowed hereunder.

  • Revolving Borrowings Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower, in Dollars, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.

  • Revolving Loans and Term Loans The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay Revolving Loans or Term Loans of any Class in whole or in part without premium or penalty; provided that (A) such notice must be received by the Administrative Agent not later than 1:00 p.m. (1) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans denominated in Dollars, (2) four Business Days (or five Business Days in the case of a Special Notice Currency) prior to any date of prepayment of Eurocurrency Rate Loans denominated in Alternative Currencies and (3) on the date of prepayment of Base Rate Loans; (B) any such prepayment of Eurocurrency Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (C) any prepayment of Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (D) any prepayment of the Term Loans shall be in such proportions as the Borrower shall elect and each such prepayment shall be applied as directed by the Borrower and, absent such direction, shall be applied in direct order of maturity to the remaining principal amortization payments of the applicable Term Loan; and (E) any such notice may be conditioned on the effectiveness of other financing arrangements or one or more other transactions. Each such notice shall specify the date and amount of such prepayment and the Class and Type(s) of Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein, subject to the occurrence of any condition(s) specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15, each such prepayment shall be applied to the applicable Class of Loans being prepaid of the applicable Lenders in accordance with their respective Applicable Percentages for such Class.

  • Procedure for Borrowing Swingline Loans The Borrower shall give the Agent and the Swingline Lender notice pursuant to a Notice of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered to the Swingline Lender no later than 3:00 p.m. on the proposed date of such borrowing. Any such notice given telephonically shall include all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender by telecopy on the same day of the giving of such telephonic notice. On the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article V. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing not later than 4:00 p.m. on such date.

  • Borrowing Mechanics for Revolving Loans (i) Except pursuant to Section 2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount, Revolving Loans that are Eurodollar Rate Loans shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.

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