Canadian Loan Party definition

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

Canadian Loan Party means each Canadian Borrower and each Canadian Guarantor.

Canadian Loan Party means any one of such Persons.

Examples of Canadian Loan Party in a sentence

• Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by Applicable Law (including the Criminal Code (Canada) with respect to a Canadian Loan Party) (the “Maximum Rate”).

• No Canadian Loan Party is a charity registered with the Canada Revenue Agency and it does not solicit charitable financial donations from the public and none of the Loans under this Agreement and none of the other services and products, if any, to be provided by the Lender under or in connection with this Agreement will be used by, on behalf of, or for the benefit of any Person other than the Borrowers or any other Loan Party.

More Definitions of Canadian Loan Party

Canadian Loan Party means the Canadian Borrower and each Canadian Subsidiary which becomes a Loan Party pursuant to the terms of SECTION 5.12.

Canadian Loan Party means any one of them or all of them individually, as the context may require.

Canadian Loan Party any Canadian Borrower or Canadian Subsidiary Guarantor.

Canadian Loan Party any Loan Party that is a Canadian Person.

Canadian Loan Party means, collectively, each Canadian Borrower and the Canadian Guarantors.

Canadian Loan Party means any Canadian Subsidiary that is a Loan Party.

Canadian Loan Party and “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.