Canadian Credit Party definition

Canadian Credit Party means the Canadian Borrowers and each Canadian Subsidiary Guarantor.
Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.
Canadian Credit Party means any Foreign Credit Party organized under the laws of Canada or any province or territory thereof.

Examples of Canadian Credit Party in a sentence

  • As of (a) the Closing Date, the Borrower and each other Credit Party is (on a consolidated basis), and immediately after giving effect to the Transactions to occur on the Closing Date, is Solvent and (b) the date any Accounts of a Canadian Credit Party are initially included on any Borrowing Base Certificate, such Canadian Credit Party is, on a stand-alone basis, not an “insolvent person” as defined in the Bankruptcy and Insolvency Act (Canada).


More Definitions of Canadian Credit Party

Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.
Canadian Credit Party means any Credit Party organized and existing under the federal laws of Canada or any province or territory thereof.
Canadian Credit Party means any one of such Persons.
Canadian Credit Party means each Credit Party organized, formed or incorporated under the laws of Canada or any province or territory thereof.
Canadian Credit Party or “Canadian Credit Parties” means (a) individually, (i) each Canadian Lender and its branches and Affiliates, (ii) the Canadian Agent and its Affiliates, (iii) each L/C Issuer of any Canadian Letter of Credit, (iv) the Arrangers, (v) each beneficiary of any indemnification obligation undertaken by any Loan Party under any Loan Document with respect to the Canadian Liabilities, (vi) each holder of any Other Canadian Liabilities, and (vii) the successors and assigns of each of the foregoing, and (b) collectively, all of the foregoing.
Canadian Credit Party means any of the Canadian Borrower, any Borrower designated as such under Section 2.2(h) or the Canadian Guarantors.
Canadian Credit Party means CGI Borrower, Holdings and each other Credit Party organized, formed or incorporated under the laws of Canada or any province or territory thereof;