CAD Term Loan definition

CAD Term Loan means an advance made by any CAD Term Lender under the CAD Term Facility in Canadian Dollars.

CAD Term Loan has the meaning assigned to such term in Section 2.01(a).

CAD Term Loan means the term loan heretofore made by Lender to the U.S. Borrower pursuant to the U.S. Loan Agreement and identified therein as the "Third Additional Term Loan", the outstanding principal balance of which on the date hereof is the Dollar Equivalent of 3,827,333.34 Cn$.

Examples of CAD Term Loan in a sentence

• It represents the public interest and holds institutions to account.

• Any prepayment made by the U.S. Borrower under this Section 2.4 shall be applied, first, to prepay Term Loan B until fully paid, then to pay the scheduled installments of Term Loan A in inverse order of maturity until such Loan shall have been prepaid in full, and then to prepay the scheduled installments of the CAD Term Loan in inverse order of maturity until such Loan has been prepaid in full.

• Pro Forma Interest Expense The New Receivables Facility and the CAD Term Loan have variable interest rates.

• The outstanding principal balance of Advances under the Canadian Line of Credit, Advances under the German Line of Credit and the CAD Term Loan, or each outstanding portion thereof, subject to the conditions and limitations set forth in subsection (c) below, shall bear interest at a rate per annum rate equal to the LIBOR Rate plus the Applicable Margin, subject to adjustment as provided in subsection (b) below.

• The CAD Term Loan may be prepaid, in whole or in part, by the U.S. Borrower at any time or from time to time hereafter following prepayment in full of the Term Loan A and the Term Loan B; provided, however, that any partial prepayment of the CAD Term Loan shall be applied by Lender in the inverse order of the maturities of the principal installments of the CAD Term Loan then remaining unpaid.

• The outstanding principal balance of the CAD Term Loan shall continue to be repaid by the U.S. Borrower in quarterly installments in accordance with the amortization schedule set forth in the CAD Term Note; provided, however, that the final such installment, which shall be due and payable on September 1, 2002, shall be in such amount as is required to pay in full the unpaid principal balance of the CAD Term Loan, together with all accrued and unpaid interest thereon.

• Xxxxxx Title: Managing Director and its Canadian branch, Xxxxx Fargo Bank, N.A.,Canadian Branch (with respect to the CAD Term Loan) By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: VP, Global Banking, Canadian Branch BWX Technologies, Inc.

• Vis-à-vis its managing directors a stock corporation is represented by its supervisory board27.

• The CAD Term Loan shall bear interest at the Applicable Rate, calculated and payable in the manner described in Section 2.2.1, from the date hereof on the unpaid principal amount thereof from time to time outstanding.

• On the Closing Date, the U.S. Borrower shall execute and deliver to Lender the CAD Term Note to evidence its continuing obligations in respect of the CAD Term Loan.