Examples of Bombay Canada in a sentence
Bombay Canada covenants and agrees that it shall take any and all reasonable action, including the execution and filing of any and all documents, that may be necessary to continue the designation of a Process Agent pursuant to this Section 10.14(b) in full force and effect and to cause the Process Agent to act as such.
Bombay Canada does not maintain or contribute to any Canadian Benefit Plan or Canadian Pension Plan.
Bombay Canada hereby irrevocably appoints CT Corporation System, in New York, New York (the “Process Agent”), with an office on the date hereof at 100 0xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, as its agent and true and lawful attorney-in-fact in its name, place and stead to accept on behalf of Bombay Canada and its property service of copies of the summons and complaint and any other process which may be served in any such suit, action or proceeding brought in the State of New York.
Bombay Canada agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Canadian Advances requested by Bombay Canada and made by Canadian Agent or Canadian Lenders hereunder.
Upon receipt by the Canadian Agent of such payment (other than during the continuation of any Event of Default under Section 8.1(e)), such Canadian Lender shall be deemed to have made a Canadian Revolving Loan to Bombay Canada, which, upon receipt of such payment by the Canadian Swingline Lender from the Canadian Agent, Bombay Canada shall be deemed to have used in whole to refinance such Canadian Swing Loan.
Notwithstanding the provisions of Section 32 of An Act respecting the Special Powers of Legal Persons (Quebec), Bombay Canada and the Lenders irrevocably agree that the Agent may acquire and be the holder of any bond issued by Bombay Canada and secured by a hypothec granted by Bombay Canada pursuant to the laws of the Province of Quebec at any time and from time to time.
Unless otherwise agreed by Canadian Agent and Bombay Canada, any Canadian Advance or Canadian Swing Loans requested by Bombay Canada and made by Canadian Agent or Canadian Lenders hereunder shall be made to the Designated Account.
In addition, if any Notice of Borrowing requests a Borrowing of Canadian Revolving Loans as Base Rate Loans, the Canadian Swingline Lender may, notwithstanding anything else to the contrary in Section 2.2, make a Canadian Swing Loan available to Bombay Canada in an aggregate amount not to exceed such proposed Borrowing, and the aggregate amount of the corresponding proposed Borrowing shall be reduced accordingly by the principal amount of such Canadian Swing Loan.
Each of the Lenders hereby irrevocably constitutes, to the extent necessary, the Agent (or such designated collateral agent) as the holder of such irrevocable power of attorney (fond{e'} de pouvoir) (within the meaning of Article 2692 of the Civil Code of Quebec) in order to hold security granted by Bombay Canada in the Province of Quebec.
At Canadian Agent's election, in lieu of delivering the above-described written request, any Authorized Person of Bombay Canada may give Canadian Agent telephonic notice of such request by the required time.