Canadian Commitment Termination Date definition

Canadian Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which U.S. Borrowers terminate the U.S. Revolver Commitments pursuant to Section 2.1.4; (c) the date on which the U.S. Revolver Commitments are terminated pursuant to Section 11.2; (d) the date on which Canadian Borrower terminates the Canadian Revolver Commitments pursuant to Section 2.1.4; and (e) the date on which the Canadian Revolver Commitments are terminated pursuant to Section 11.2.
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Canadian Commitment Termination Date means the "Commitment Termination Date" under and as defined in the Canadian Credit Agreement. AMENDMENT NO. 1
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Canadian Commitment Termination Date means the earliest of (a) January 31, 2011, (b) the date of termination (whichever is earliest) of Canadian Lenders’ obligations to make Canadian Revolving Credit Advances or incur Canadian Letter of Credit Obligations or permit existing Canadian Loans to remain outstanding, in each case, pursuant to Section 7.2 or Section 7.3, and (c) the date of (i) payment in full by Canadian Borrowers of Canadian Revolving Credit Advances, (ii) the cancellation and return (or stand-by guarantee) of all Canadian Letters of Credit or the cash collateralization of all Canadian Letter of Credit Obligations pursuant to Section 1.6(g), and (iii) the permanent reduction of the Canadian Commitments to zero dollars ($0). Canadian Copyright Security Agreements means the Canadian Copyright Security Agreements, if any, made in favor of Canadian Agent, on behalf of itself and Canadian Lenders, by each applicable Canadian Credit Party.
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Examples of Canadian Commitment Termination Date in a sentence

  • Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, and except as set forth in Section 11.7, each Canadian Borrower hereby waives until the Canadian Commitment Termination Date all rights at law or in equity to subrogation, reimbursement, exoneration, contribution, indemnification or set off and any and all defenses available to a surety, guarantor or accommodation co-obligor.

  • Each Canadian Lender agrees, severally on a Pro Rata basis up to its Canadian Revolver Commitment, on the terms set forth herein, to make Canadian Revolver Loans to Canadian Borrower from time to time through the Canadian Commitment Termination Date.

  • Such fee shall be payable in arrears, on the first day of each month and on the Canadian Commitment Termination Date.

  • On the Canadian Commitment Termination Date, Canadian Borrower shall make Full Payment of all Canadian Facility Obligations.

  • Subject to Section 2.1.5, if at any time (a) an Event of Default exists, (b) the Canadian Commitment Termination Date has occurred, or (c) the Revolver Termination Date is scheduled to occur within 20 Business Days, then Canadian Borrower shall, at Canadian Issuing Bank’s or Agent’s request, Cash Collateralize all outstanding Canadian Letters of Credit.

  • Canadian Facility Obligations shall be due and payable in full on the Canadian Commitment Termination Date, UK Facility Obligations shall be due and payable in full on the UK Commitment Termination Date and U.S. Facility Obligations shall be due and payable in full on the U.S. Commitment Termination Date, in each case unless payment is sooner required hereunder.

  • Each Canadian Lender agrees, severally on a Pro Rata basis up to its Canadian Revolver Commitment, on the terms set forth herein, to make loans to the Canadian Borrower in Canadian Dollars or Dollars from time to time through the Canadian Commitment Termination Date.

  • Canadian Revolving Credit Advances may be borrowed, repaid and reborrowed from time to time until the Canadian Commitment Termination Date; provided, that any Canadian Revolving Credit Advance to be made at any time shall not exceed Canadian Borrowing Availability at such time.

  • Each Canadian Lender agrees, severally on a Pro Rata basis up to its Canadian Commitment, on the terms set forth herein, to make Canadian Loans in Canadian Dollars to the Canadian Borrower from time to time through the Canadian Commitment Termination Date.

  • Such fee shall be payable in arrears, on the first day of each calendar quarter and on the Canadian Commitment Termination Date.