Canadian Loan definition

Canadian Loan means either a Canadian Term Loan, a Canadian Revolving Loan or a Canadian Line of Credit Loan, as the case may be.
Canadian Loan means a loan to the Canadian Borrower denominated in Canadian Dollars.

Examples of Canadian Loan in a sentence

  • Except as may be expressly agreed with respect to any Foreign Discretionary Guarantor, no Canadian Loan Party shall be deemed to have provided a Loan Guaranty in respect of any US Obligation (it being understood that the US Loan Parties shall guarantee the Canadian Obligations).

  • None of the Canadian Loan Parties shall, without the consent of the Administrative Agent, maintain, administer, contribute or have any liability in respect of any Canadian Defined Benefit Plan or acquire an interest in any Person if such Person sponsors, maintains, administers or contributes to, or has any liability in respect of any Canadian Defined Benefit Plan.


More Definitions of Canadian Loan

Canadian Loan means any Canadian Revolving Loan or Canadian Swing Loan.
Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.
Canadian Loan has the meaning specified in Section 2.03(a).
Canadian Loan means each Loan denominated in Canadian Dollars, which shall include each Canadian Term Loan and each Canadian Revolving Loan.
Canadian Loan means a Loan made pursuant to paragraph (b) of Section 2.01.
Canadian Loan means a Loan made pursuant to Section 2.01(b) and shall be deemed to include the acceptance and purchase of related Bankers’ Acceptances. Canadian Loans may be denominated in Canadian Dollars (as Canadian Prime Rate Loans or Bankers’ Acceptances) or in Dollars (as Canadian Base Rate Loans or Euro-Dollar Loans).