Examples of Canadian Facility Loans in a sentence
Remove wet or damaged insulation and replace with insulation of same type and thickness.
While I understand that paper ballots are trustworthy and time tested, technology exists to vote securely and effectively online.
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.
The Canadian Facility Term Loans shall bear interest on the same terms as the Canadian Facility Loans prior to the conversion to Canadian Facility Term Loans until the Continuation or Conversion thereof pursuant to Section 4.08 hereof.
This means that it goes beyond physical individual persons and beyond the physical realm.
The proceeds of the Canadian Facility Loans made pursuant to the Canadian Facility hereunder shall be used by the Canadian Facility Borrower to repay and terminate the Prior Canadian Facility, to finance capital expenditures and Permitted Acquisitions and for other working capital and general corporate needs of the Canadian Facility Borrower.
The Canadian Facility Term Loans shall bear interest at a rate equal to (i) the same terms as the Canadian Facility Loans prior to the conversion to Canadian Facility Term Loans plus .125% until the initial Continuation or Conversion thereof pursuant to Section 4.08 hereof and (ii) the Applicable Margin for either Canadian Facility Base Rate Loans or Eurodollar Rate Loans, as selected by the Borrower, plus .125%, at all times after the initial Continuation or Conversion thereof.