Common use of The Intercompany Loan Clause in Contracts

The Intercompany Loan. Subject to the terms of this Agreement, the Issuer agrees to make available to the Guarantor, on an unsecured basis, an Intercompany Loan (the “Intercompany Loan”) in an aggregate amount equal to the Total Credit Commitment comprised of the Initial Advance Commitment and the Revolving Commitment. On any Toronto Business Day, the Guarantor may request that advances (each an “Advance” and collectively “Advances”) denominated in Canadian dollars under the Intercompany Loan be made available to it, subject to the terms of this Agreement, on such Toronto Business Day (each such date, a “Drawdown Date”).

Appears in 2 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement

AutoNDA by SimpleDocs

The Intercompany Loan. Subject to the terms of this Agreement, the Issuer agrees to make available to the Guarantor, on an unsecured basis, an Intercompany Loan (the “Intercompany Loan”) in an aggregate amount equal to the Total Credit Commitment comprised of the Initial Advance Commitment and the Revolving Commitment. On any Toronto Canadian Business Day, the Guarantor may request that advances (each an “Advance” and collectively “Advances”) denominated in Canadian dollars under the Intercompany Loan be made available to it, subject to the terms of this Agreement, on such Toronto Canadian Business Day (each such date, a “Drawdown Date”).

Appears in 2 contracts

Samples: Intercompany Loan Agreement, Intercompany Loan Agreement

The Intercompany Loan. Subject to the terms of this Agreement, the Issuer agrees to make available to the Guarantor, on an unsecured basis, an Intercompany Loan intercompany loan (the “Intercompany Loan”) in an aggregate amount equal to the Total Credit Commitment comprised of the Initial Advance Commitment and the Revolving Commitment. On any Toronto Business Day, the Guarantor may request that advances (each an “Advance” and collectively “Advances”) denominated in Canadian dollars under the Intercompany Loan be made available to it, subject to the terms of this Agreement, on such Toronto Business Day (each such date, a “Drawdown Date”).

Appears in 1 contract

Samples: Intercompany Loan Agreement

AutoNDA by SimpleDocs

The Intercompany Loan. 2.1 The Intercompany Loan Subject to the terms of this Agreement, the Issuer agrees to make available to the Guarantor, on an unsecured basis, an Intercompany Loan (the “Intercompany Loan”) in an aggregate amount equal to the Total Credit Commitment comprised of the Initial Advance Commitment and the Revolving Commitment. On any Toronto Canadian Business Day, the Guarantor may request that advances (each an “Advance” and collectively “Advances”) denominated in Canadian dollars under the Intercompany Loan be made available to it, subject to the terms of this Agreement, on such Toronto Canadian Business Day (each such date, a “Drawdown Date”).

Appears in 1 contract

Samples: Intercompany Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.