Examples of Canadian Facility Borrower in a sentence
The Canadian Facility Agent may, but shall not be obligated to, debit the amount of any such payment which is not made by such time to any ordinary deposit account, if any, of the Canadian Facility Borrower with the Canadian Facility Agent.
The failure to record, or any error in recording, any such amount or other information shall not limit or impair the obligations of the Canadian Facility Borrower hereunder or under any Loan Document.
The Canadian Facility Borrower shall give the Canadian Facility Agent prior telephonic notice of any payment of principal, such notice to be given by not later than 10:00 A.M. (Toronto, Canada time) one (1) Business Day prior to the date of such payment.
Remove wet or damaged insulation and replace with insulation of same type and thickness.
All contributions or premiums required to be made by any Canadian Facility Borrower or any of the Subsidiaries of a Borrower resident in Canada under the terms of each Employee Plan or by applicable laws have been made in a timely fashion in accordance with applicable laws and the terms of the Employee Plans except to the extent that the failure to make such contributions or premiums could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Notwithstanding the foregoing, so long as any Canadian Facility Fronting Lender fails to make available any portion of its Canadian Facility Commitment when properly requested by the Canadian Facility Borrower, such Lender shall not be entitled to receive payment of its pro rata share of such Facility Fees until such Lender shall make available such portion.
The Canadian Facility Term Loans may be comprised of Canadian Facility Base Rate Loans and Canadian Facility BA Rate Loans as the Canadian Facility Borrower may elect in accordance with the provisions of this Article IV.
All prepayments of Canadian Facility Loans made by the Canadian Facility Borrower shall be in the amount of (i) at least CAN $2,000,000 or (ii) the amount equal to all Canadian Facility Outstandings, or (iii) such other amount as necessary to comply with Section 4.01(a) or 4.07.
This means that it goes beyond physical individual persons and beyond the physical realm.
If a Canadian Facility Borrower requests a Canadian Committed Borrowing of, conversion to, or continuation of Canadian Eurodollar Rate Committed Loans in any such Canadian Committed Borrowing Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.