BDC Capital definition

BDC Capital s Base Rate” — means the annual rate of interest announced by the Bank through its offices from time to time as its base rate applicable to each of BDC Capital’s fixed interest rate plans then in effect for determining the fixed interest rates on Canadian dollar loans.
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BDC Capital means BDC Capital Inc., and includes any successor thereto;
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Examples of BDC Capital in a sentence

  • This Agreement and the agreements contemplated herein constitute the full and entire understanding and agreement between the Parties with regard to the subject matter hereof and thereof, and supersedes any and all prior agreements, whether oral or written, between BDC Capital, the Borrower and any of the Corporate Guarantors, including the Letter of Offer.

  • To the extent that the Closing Date takes place after April 30, 2020, the Borrower shall have remitted to BDC Capital its annual audited financial statements.

  • This Agreement may not be assigned by BDC Capital without the prior written consent of the Borrower (acting on its own behalf and on behalf of the Corporate Guarantors), unless such assignment is to an Affiliate of BDC Capital or an Event of Default exists, in which case no consent of the Borrower shall be required so long as BDC Capital provides prompt written notice of such assignment to the Borrower and the Corporate Guarantors.

  • The Company has not inquired of Summerhill Ventures 1 LP, BDC Capital Inc., or Brightspark Ventures II, LP with respect to their (or their respective managers’) portfolio companies’ use of products or services furnished by the Company.

  • The Sellers and the Principals shall use Commercially Reasonable Efforts to assist Purchaser to obtain, prior to Closing, a release of all liens or other security interests filed against any Intellectual Property Rights, including, without limitation, security interests held by BDC Capital Inc.

  • On April 3, 2020, Meta closed a secured debenture financing from BDC Capital Inc., a wholly owned subsidiary of the Business Development Bank of Canada, in the amount of CAD$5,000,000 (the “Secured Debenture Financing”).

  • If an Event of Default referred to in paragraph 6 of Section IV of the BDC Capital General Terms and Conditions occurs, the Maturity Date shall automatically be accelerated and the Principal Amount of the Debentures then outstanding, all accrued and unpaid interest hereunder, all accrued PIK and all other amounts payable hereunder shall become immediately and automatically due and payable without any action on the part of the Holder being required.

  • BDC Capital shall have received from the Borrower and the Corporate Guarantors such other documents as it may reasonably request or as are customary for transactions of the nature contemplated in this Agreement.

  • Clients included ▇▇▇▇▇ Advertising, The ▇▇▇▇▇▇ Agency, ▇▇▇▇▇▇▇ Communications, ▇▇▇▇ ▇▇▇▇ Group, Big River, Punch, ▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ Fargo, GRAP and BDC Capital Management.

  • Where indemnification for Damages is claimed from more than one Seller, such election shall be determined on behalf of all Sellers by any two of ▇▇▇▇▇▇▇▇▇ Capital Corporation, BDC Capital Inc.