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 Loan means either a Canadian Term Loan, a Canadian Revolving Loan or a Canadian Line of Credit Loan, as the case may be.
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 an extension of credit by a Canadian Lender to the Canadian Borrower (to the extent based on Canadian Availability) under Article II.
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).