Canadian Funding Bank definition

Canadian Funding Bank means any Canadian Lender in its capacity as a funding bank for and seller of Canadian Loan Participations to Participating Lenders in respect of Canadian Revolving Loans. The initial Canadian Funding Banks as of the Agreement Date are (a) the Canadian Bank, (b) unless otherwise agreed by the Canadian Bank and UBS AG Canada Branch, UBS AG Canada Branch and (c) unless otherwise agreed by the Canadian Bank and Wachovia Capital Finance Corporation (Canada), Wachovia Capital Finance Corporation (Canada).
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Canadian Funding Bank means Chase Canada, and any successor to Chase Canada, acting in such capacity.
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Canadian Funding Bank at any time, the Bank or Banks which at that time are obligated, subject to the terms of this Agreement, to make Canadian Dollar Revolving Credit Loans or Canadian Dollar Term Loans under the applicable Commitments or, after the applicable Commitments are terminated, have any Canadian Dollar Revolving Credit Loans or Canadian Dollar Term Loans then outstanding.
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Examples of Canadian Funding Bank in a sentence

  • The provisions of this Section 2.20 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent, the Canadian Funding Bank or any Lender in reliance upon such payment or application of proceeds.

  • The use of the funds is subject to the Board of Directors’ approval.

  • Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent and (in the case of a Borrowing under the Canadian Subfacility) the Canadian Funding Bank of a written Borrowing Request in a form approved by the Administrative Agent and the (in the case of a Borrowing under the Canadian Subfacility) Canadian Funding Bank and signed by the Administrative Borrower.

  • The Administrative Agent shall have received a notice setting forth the deposit account of the Borrowers and the Canadian deposit account of the Canadian Borrower (domiciled in Canada) (the “Funding Account”) to which the Administrative Agent, Canadian Funding Bank or any Lender is authorized by the Borrowers and the Canadian Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • Anything contained herein to the contrary notwithstanding, in the event a breach by any Lender (including any Canadian Funding Bank) of its obligations owing to another Lender (including any Canadian Funding Bank) under this Section 13.17 shall cause any losses of such other Lender, the Obligors shall not be liable for any of such losses and shall not be obligated to indemnify such other Lender for any of such losses.

  • Each payment by the Canadian Funding Bank of a Participating Lender's share of a Commitment Fee shall be payable to the Agent acting through its Canada Branch (in Dollars) when such Commitment Fee is received by the Canadian Funding Bank.

  • Without limiting the foregoing, each Participating Lender agrees to reimburse the Canadian Funding Bank promptly upon demand for such Participating Lender's ratable share of any costs or expenses payable by the Canadian Borrower to the Canadian Funding Bank in respect of the Canadian Revolving Loans to the extent that the Canadian Funding Bank is not promptly reimbursed for such costs and expenses by the Canadian Borrower.

  • Canadian Assignors: [Bank of America, N.A. (acting through its Canada branch), UBS AG Canada Branch [and] Wachovia Capital Finance Corporation (Canada)] [any other Canadian Funding Bank at the time of this assignment].

  • To clarify, in the next paragraph, Carter states that “we may allow ourselves to articulate in moral-universalistic terms when (as we must attempt to validate the writing center in terms the current system may value), while at the same time adhering to ethical-particularistic principles in those spaces where doing so is possible (and profitable),” which would then mean that close attention must be paid to ever-shifting rhetorical circumstances.

  • The Canadian Dollar Revolving Credit Loans made by each Canadian Funding Bank shall be evidenced by a promissory note of CC Canada, substantially in the form of Exhibit A-4, with appropriate insertions as to payee, date and principal amount (a "Canadian Dollar Revolving Credit Note"), payable to the order of such Canadian Funding Bank.


More Definitions of Canadian Funding Bank

Canadian Funding Bank means the reference to Bank of America - Canada Branch and its successors and assigns acting as the Canadian Funding Bank hereunder pursuant to Section 2.8(a).
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Canadian Funding Bank means the collective reference to the Canadian Bank and its successors and assigns acting as the Canadian Funding Bank hereunder.
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Related to Canadian Funding Bank

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Canadian Loan means an extension of credit by a Canadian Lender to the Canadian Borrower under Article II in the form of a Committed Loan or a Swing Line Loan.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Canadian Borrower as defined in the preamble hereto.

  • Exiting Lender see Section 2.17.7.

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • 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 Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Canadian Facility the credit facility available to the Canadian Borrowers and the U.S. Borrowers hereunder.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial