Canadian Borrowing definition

Canadian Borrowing means a Borrowing of Canadian Loans.
Canadian Borrowing means the incurrence of Canadian Revolving Loans consisting of one Type of Canadian Revolving Loan by the Canadian Borrowers from all of the Canadian Lenders on a given date (or resulting from Conversions or Continuations on a given date), having, in the case of any Fixed Rate Loans, the same Interest Period.
Canadian Borrowing means a borrowing consisting of simultaneous Canadian Advances made by the Canadian Lenders pursuant to Section 2.1(b).

Examples of Canadian Borrowing in a sentence

  • Each Borrowing Base Certificate shall set forth the calculation of the U.S. Borrowing Base in Dollars and of the Canadian Borrowing Base in the Dollar Equivalent.

  • Canadian Overadvance Loan Balance: on any date, the amount by which the aggregate Canadian Revolver Exposure exceeds the amount of the Canadian Borrowing Base on such date.

  • Any payments by the applicable Borrowers in respect of B/As under this section shall be made without duplication of any payment made by any Canadian Borrowing Subsidiary under Section 2.06(i).

  • Canadian Administrative Agent’s records shall, absent manifest error, be final, conclusive and binding on Canadian Borrower with respect to evidence of the terms of such telephonic Notice of Canadian Borrowing.

  • EnvironmentThis chapter will affirm commitments made under multilateral environmental agreements.


More Definitions of Canadian Borrowing

Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBOR Rate Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Article II.
Canadian Borrowing means a borrowing hereunder consisting of Canadian Advances of the same Canadian Type made (or accepted or purchased, as applicable) on the same day by the Canadian Banks pursuant hereto; provided that (i) all Canadian Prime Rate Advances outstanding at any time shall thereafter be deemed to be one Canadian Borrowing, and (ii) subject to the provisions hereof, such Canadian Borrowing may be divided ratably to form multiple Canadian Borrowings (with the result that each Canadian Bank’s Canadian Advance as a part of each such multiple Canadian Borrowing is proportionately the same as its Canadian Advance as a part of such divided Canadian Borrowing) or combined with all or a ratable portion of one or more other Canadian Borrowings to form a new Canadian Borrowing, such division or combination to be made by notice from the Canadian Borrower given to the Canadian Administrative Agent not later than 11:00 A.M. on the third Canadian Business Day prior to the proposed division or combination specifying the date of such division or combination (which shall be a Canadian Business Day) and all other relevant information (such as the Canadian Borrowings to be divided or combined, the respective amounts of the Canadian Borrowings resulting from any such division, the relevant maturity date(s), the amount of the Canadian Prime Rate Advances or other Borrowings to be so combined and such other information as the Canadian Administrative Agent may request), but in no event shall any Canadian Borrowing resulting from, or remaining after, any such division or combination be less than C$5,000,000 or shall any Canadian Bankers’ Acceptance or Canadian BA Equivalent Loan be less than C$100,000 (and in multiples of C$100,000 for any amounts in excess thereof), and in all cases each Canadian Bank’s Canadian Advance as a part of each such combined, resultant or remaining Canadian Borrowing shall be proportionately the same as its Canadian Advances as a part of the relevant Borrowings prior to such division or combination and each combined, resultant or remaining Canadian Borrowing shall be in an integral multiple of C$1,000,000. Each Canadian Borrowing comprised of a Canadian Type of Canadian Advances shall be that “Canadian Type” of Canadian Borrowing.
Canadian Borrowing means a Borrowing of Canadian Loans. “Canadian Dollar” and/or “CAD” means the lawful currency of Canada.
Canadian Borrowing means a borrowing consisting of simultaneous Canadian Advances of the same Type made by the Lenders pursuant to Section 2.1.
Canadian Borrowing means all Canadian Revolving Loans of a single Type and made on a single date and, in the case of Term SOFR Loans or BA Equivalent Loans, as to which a single Interest Period or BA Equivalent Interest Period, respectively, is in effect. Unless the context indicates otherwise, the term “Canadian Borrowing” shall also include any Canadian Swingline Borrowing and any Canadian Agent Advance.
Canadian Borrowing means a Borrowing of Canadian Loans. Canadian Commitment - see Section 2.2. As of the Effective Date, the amount of the aggregate Canadian Commitments of all Canadian Lenders is C$25,000,000. Canadian Cost of Funds Rate means, for any day, a rate per annum equal to the cost of funds of the Canadian Agent as established by the Canadian Agent based on its customary practice.
Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and denominated in the same currency.