Canadian Lender definition

Canadian Lender. Export Development Canada, a corporation established pursuant to the laws of Canada, and its successors and assigns.

Canadian Lender means any Lender which has a Canadian Commitment.

Canadian Lender means Congress Financial Corporation (Canada), an Ontario corporation, and its successors and assigns.

Examples of Canadian Lender in a sentence

• Each Canadian Lender further agrees to retain such records in the manner and for the statutory periods provided in the various provincial or federal statutes and regulations which apply to such Canadian Lender.

• Promptly after receiving any such notice, Agent shall notify each Canadian Lender thereof.

• Each Canadian Lender is hereby authorized to issue such B/As endorsed in blank in such face amounts as may be determined by such Canadian Lender; provided that the aggregate amount thereof is equal to the aggregate amount of B/As required to be accepted and purchased by such Canadian Lender.

• Each Canadian Lender further agrees to retain such records in the manner and for the statutory periods provided in the various Canadian provincial or federal statutes and regulations which apply to such Canadian Lender.

• Each Canadian Lender shall maintain a record with respect to B/As (i) voided by it for any reason, (ii) accepted and purchased by it hereunder and (iii) canceled at their respective maturities.

More Definitions of Canadian Lender

Canadian Lender means a Lender with a Canadian Commitment or Canadian Revolving Credit Exposure.

Canadian Lender means (i) each Lender listed on Schedule I-B, and (ii) each additional Person that becomes a Canadian Lender party hereto as a lender in Canada to any Canadian Revolving Loan Borrower under the Maximum Canadian Dollar Revolving Loan Sub-Commitments in accordance with Section 2.14 or 14.03(b) (provided that a Canadian Lender must be (x) a person resident in Canada for purposes of the Income Tax Act (Canada), (y) an authorized foreign bank which at all times holds all of its interest in any Canadian Obligations in the course of its Canadian banking business for purposes of subsection 212(13.3) of the Income Tax Act (Canada) or (z) able to establish to the satisfaction of the Canadian Revolving Loan Borrowers and the Administrative Agent based on applicable law in effect on the Effective Date or on such later date on which it becomes a Canadian Lender that such Lender is not subject to deduction or withholding of Canadian Taxes with respect to any payments to such Lender of interest, fees, commissions, or any other amount payable by any Canadian Revolving Loan Borrower under the Credit Documents, on the Effective Date or such other date on which it becomes a Canadian Lender), in each case, in their capacities as lenders in Canada to the Canadian Revolving Loan Borrowers under the Maximum Canadian Dollar Revolving Loan Sub-Commitments. A Canadian Lender shall cease to be a “Canadian Lender” when it has assigned all of its Maximum Canadian Dollar Revolving Loan Sub-Commitment in accordance with Section 2.14 and/or 14.03(b). For purposes of this Agreement, (x) unless the context otherwise indicates, each reference to a Canadian Lender which has one or more affiliates which act as a Canadian Lender shall include such affiliate or affiliates and (y) the terms “Lender” and “RL Lender” include each Canadian Lender unless the context otherwise requires.

Canadian Lender means any “Lender” as defined in the Canadian Credit Agreement.

Canadian Lender means a Lender with a Canadian Revolving Credit Commitment.

Canadian Lender means each lender party hereto with any Canadian Commitment or any outstanding Canadian Obligations. Canadian Letters of Credit has the meaning assigned to such term in Section 2.2 hereof.

Canadian Lender means any Lender which, whether directly or through an Affiliate of such Lender, can make Canadian Advances hereunder free of withholding taxes of Canada and that is designated from time to time by the Agent and the Company, with the consent of such Lender, as a Canadian Lender.

Canadian Lender as defined in Schedule 1.7.