Canadian Loan Parties definition

Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.
Canadian Loan Parties means, collectively, the Canadian Borrower and each Canadian Subsidiary that is or becomes a guarantor of the Canadian Liabilities. “Canadian Loan Party” means any one of such Persons.
Canadian Loan Parties means the Canadian Borrower and any Subsidiary of the U.S. Borrower organized under the laws of Canada, or a province or territory thereof, that is or hereafter becomes a party to the Foreign Guarantee Agreement.

Examples of Canadian Loan Parties in a sentence

  • All Collateral from the Canadian Loan Parties shall be held or administered by the Canadian Agent (or its duly-appointed agent) for its own benefit and for the ratable benefit of the other Secured Parties holding Canadian Liabilities.

  • Notwithstanding anything to the contrary herein contained, the liability of the Canadian Loan Parties hereunder and under any other Loan Documents shall be limited to the Canadian Liabilities, and the Canadian Loan Parties shall have no liability whatsoever under the Loan Documents with respect to any other Obligations or Other Liabilities of the Domestic Borrowers.

  • Any proceeds received by the Canadian Agent from the foreclosure, sale, lease or other disposition of any of the Collateral from the Canadian Loan Parties and any other proceeds received pursuant to the terms of the Canadian Security Documents or the other Loan Documents shall be paid over to the Canadian Agent for application as provided in this Agreement and the other Loan Documents.

  • Notwithstanding the foregoing, any amounts of the Canadian Loan Parties so offset shall be applied solely to the Canadian Liabilities.

  • The Canadian Loan Parties will at all times maintain the Canadian Cash Management Bank as their principal depository bank, including for the maintenance of operating, administrative, cash management, collection activity, and other Deposit Accounts for the conduct of its business.


More Definitions of Canadian Loan Parties

Canadian Loan Parties the Canadian Borrowers and each Canadian Subsidiary Guarantor.
Canadian Loan Parties means, individually and collectively as the context may require, the Canadian Borrower and each Canadian Guarantor.
Canadian Loan Parties means the Canadian Borrower and each Canadian Subsidiary of the Company; and “Canadian Loan Party” means any one of them.
Canadian Loan Parties means each Loan Party organized under the laws of Canada or a province thereof, including, for greater certainty, the Borrower and Merus Labs Inc.
Canadian Loan Parties means, individually and collectively, Colt Canada and any other Loan Party organized under the laws of Canada or any province or territory thereof.
Canadian Loan Parties means each Canadian Borrower and each Canadian Subsidiary Guarantor.
Canadian Loan Parties means (a) the Canadian Borrower and (b) each of the Canadian Borrower’s Canadian Subsidiaries, if any, and any other Person which is formed or organized under the federal laws of any province or territory in Canada and who becomes a party to this Agreement pursuant to a Loan Party Joinder Agreement, and their respective successors and assigns.