On a BA Drawdown Date relating to any issue of Bankers’ Acceptances, the Lender shall deliver the Discount Proceeds to Canadian Borrowers, less the fee to which the Lender is entitled pursuant to Section 2.08(b).
Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;
Drawdown means the drawdown of a Tranche under the Loan Facility;
Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.
CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.
LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.
Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).
LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.
LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).
Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).
BA Equivalent Loan any Loan in Canadian Dollars bearing interest at a rate determined by reference to the BA Rate in accordance with the provisions of Section 2.
Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.
Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.
Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.
Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.
Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.
Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.
LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.
Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.
Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.
Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.
Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.
LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.