Canadian Dollar Value definition

Canadian Dollar Value means, in relation to any particular amount of money at any time, the value thereof at such time in Canadian dollars, determined as follows:
Sample 1Sample 2Sample 3

Examples of Canadian Dollar Value in a sentence

  • From and after the date of this Agreement, the Borrower shall pay to the Administrative Agent for the account of the Banks on the last Banking Day of each calendar month, in arrears, a commitment fee equal to one-quarter percent (0.25%) per annum calculated daily (and based on a year of 365 days) on the amount by which the Aggregate Commitment exceeds the Canadian Dollar Value of the Loans outstanding on each day in such month.

  • Each such payment made in any other Currency shall be treated as a Prime Rate Loan in the amount of the Canadian Dollar Value of such payment.

  • If the Canadian Dollar Value of the principal amount of all such Obligations exceeds the Aggregate Commitment, the Administrative Agent shall notify the Borrower of the amount of the excess (the "Excess Borrowing") and the Borrower shall, within five Banking Days of the giving of such notice, repay the amount of the Excess Borrowing in Canadian dollars to the Administrative Agent on behalf of the Banks.

  • Enter the US exchange rate as a premium and indicate the exchange amount as a credit to STOB 4612.When the Canadian Dollar Value Exceeds U.S. Dollar When the value of the Canadian dollar exceeds the US dollar, use the procedures in a) above with the exchange amount shown as a debit to STOB 4612.Harmonized Sales TaxWhere a U.S. supplier is registered to collect HST or the HST is collected by a customs broker, the tax charged to the HST Paid STOB 1575 needs to be adjusted for the U.S. exchange.

  • The Administrative Agent shall, on such dates as it may select in its sole discretion, determine the Canadian Dollar Value of the principal amount of all Obligations then outstanding.

Related to Canadian Dollar Value

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Canadian Dollar means the lawful currency of Canada.

  • Canadian Dollars means the lawful currency of Canada.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Dollar Equivalent Amount means, at any time, (a) as to any amount denominated in Dollars, the amount hereof at such time, and (b) as to any amount denominated in a currency other than Dollars, the equivalent amount in Dollars as determined by Agent at such time that such amount could be converted into Dollars by Agent according to prevailing exchange rates selected by Agent.

  • Dollar Equivalent means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in any currency other than Dollars, the equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date or other applicable date of determination) for the purchase of Dollars with such currency.

  • Australian Dollar means the lawful currency of Australia.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Euro-Dollar Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Australian Dollars means the lawful currency of Australia.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Euro-Dollar Rate means a rate of interest determined pursuant to Section 2.07(b) on the basis of a London Interbank Offered Rate.

  • Dollar Equivalent of the Currency Unit shall be determined by the Exchange Rate Agent and subject to the provisions of paragraph (h) below shall be the sum of each amount obtained by converting the Specified Amount of each Component Currency into Dollars at the Market Exchange Rate for such Component Currency on the Valuation Date with respect to each payment.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Assigned Dollar Value means, in respect of any Borrowing denominated in an Alternative Currency, the Dollar Equivalent thereof determined based upon the applicable Spot Exchange Rate as of the Denomination Date for such Borrowing. In the event that any Borrowing denominated in an Alternative Currency shall be prepaid in part, the Assigned Dollar Value of such Borrowing shall be allocated ratably to the prepaid portion of such Borrowing and the portion of such Borrowing remaining outstanding.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Dollar LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Dollar Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Dollar LC Exposure of any Lender at any time shall be its Applicable Dollar Percentage of the total Dollar LC Exposure at such time.