Examples of Canadian Notice of Borrowing in a sentence
Any Canadian Notice of Borrowing (or telephonic notice in lieu thereof) made pursuant to Section 2.6(a) shall be irrevocable.
Any Canadian Notice of Borrowing (or telephonic notice in lieu thereof) made pursuant to Section 2.3(b) shall be irrevocable.
Prior to the making of each U.S. Revolving Loan, the U.S. Administrative Agent shall have received a U.S. Notice of Borrowing (whether in writing or by telephone) meeting the requirements of Section 2.2 and prior to the making of each Canadian Revolving Loan, the Canadian Administrative Agent shall have received a Canadian Notice of Borrowing (whether in writing or by telephone) meeting the requirements of Section 2.3.
Promptly after receipt of a Canadian Notice of Borrowing (or telephonic notice in lieu thereof) for a Canadian Revolving Loan that is a Canadian Prime Rate Loan, the Agent shall elect to have the terms of Section 2.6(g) or the terms of Section 2.6(h) apply to such requested Borrowing.
If the Canadian Borrower requests a Canadian Borrowing of, conversion to, or rollover of Canadian Bankers’ Acceptances in any such Canadian Notice of Borrowing, but fails to specify a maturity date therefor, it will be deemed to have specified Canadian Bankers’ Acceptances with a 30-day term.
Promptly after receipt of a Canadian Notice of Borrowing (or telephonic notice in lieu thereof) for a Canadian Revolving Loan that is a Canadian Prime Rate Loan, the Agent shall elect to have the terms of Section 2.6(g) or the terms o f Section 2.6(h) apply to such requested Borrowing.
If the Agent elects to have the terms of this Section 1.5(g) apply to a requested Borrowing, then promptly after receipt of a Canadian Notice of Borrowing or telephonic or electronic notice in lieu thereof, the Agent (acting through its Canada Branch) shall notify the Canadian Lenders by telecopy, telephone or e-mail of the requested Borrowing.
Form of Canadian Notice of Borrowing B - 2 Attached hereto as Exhibit A is a calculation demonstrating in reasonable detail, on a pro forma basis after giving effect to such Borrowing, compliance by the Company and the other applicable Obligors with the indebtedness covenant contained in each of the 83/8% Senior Subordinated Note Indenture, the 91/4% Senior Note Indenture, the 107/8% Senior Note Indenture and any other indenture or similar instrument entered into after the Agreement Date.
If the Canadian Borrower requests a Canadian Borrowing of, Conversion to, or rollover of Canadian Bankers’ Acceptances in any such Canadian Notice of Borrowing, but fails to specify a maturity date therefor, it will be deemed to have specified Canadian Bankers’ Acceptances with a 30-day term.
Promptly after receipt of a Canadian Notice of Borrowing or telephonic or electronic notice in lieu thereof, the Agent shall notify the Canadian Lenders by telecopy, telephone or e-mail of the requested Borrowing.