Canadian Borrower definition

Canadian Borrower as defined in the preamble hereto.

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Canadian Borrower has the meaning specified in the introductory paragraph hereto.

Canadian Borrower shall have the meaning assigned to such term in the preamble hereto.

Examples of Canadian Borrower in a sentence

• Each US Borrower and each Canadian Borrower hereby pledges to Administrative Agent and grants to Administrative Agent a security interest in all Cash Collateral held in the Cash Collateral Accounts from time to time and all proceeds thereof, as security for the payment of all Obligations, whether or not then due or payable.

• On or prior to any Canadian Borrower Joinder Date (and as may be necessary at any time thereafter), each Canadian Lender shall provide any necessary updates to Schedule A-2 with respect to Applicable Designees, together with any necessary joinder agreements from any Applicable Designees in connection with Loans to be made to the Canadian Borrowers.

• The parties hereby acknowledge and agree that, on or before any Canadian Borrower Joinder Date, the Canadian Borrowers shall execute and deliver the Canadian Security Documents, each in form and substance satisfactory to Agents and Lenders, which shall grant Administrative Agent Liens upon their Collateral securing the Obligations.

More Definitions of Canadian Borrower

Canadian Borrower and “Canadian Borrowers” has the meaning specified in the preamble to this Agreement.

Canadian Borrower has the meaning assigned to such term in the introductory paragraph of this Agreement.

Canadian Borrower shall have the meaning provided in the first paragraph of this Agreement.

Canadian Borrower means a Borrower that is incorporated in Canada.

Canadian Borrower means (i) MK Canada Holdings and (ii) any other Borrower organized under the laws of Canada or any province or territory thereof.

Canadian Borrower means any Designated Subsidiary that is organized under the federal laws of Canada or any political subdivision thereof.

Canadian Borrower means (i) the Canadian Primary Borrower and (ii) any Borrower incorporated or otherwise organized under the laws of Canada or any province or territory thereof. It is understood and agreed that while the Canadian Primary Borrower is designated as a Canadian Borrower for purposes of receiving Loans hereunder, the Canadian Primary Borrower is a Domestic Subsidiary and shall be treated as such for all other purposes under the Loan Documents.