Examples of Canadian Obligor in a sentence
The Canadian Agent may by notice to the Corporation waive any default of any Canadian Obligor on such terms and conditions as the Canadian Agent may determine, but no such waiver shall be taken to affect any subsequent default or the rights resulting therefrom.
In no event shall Canadian Borrowers or other Canadian Obligor be deemed a beneficiary of this Section nor authorized to enforce any of its terms.
Each Borrower acknowledges that any bond or other similar instrument executed by it or any other Canadian Obligor or U.S. Obligor shall constitute a title of indebtedness as such expression is defined in Article 2692 of the Civil Code of Québec.
Acceptance and Rejection of ProposalsMetro Nashville Public Schools is under no obligation to accept any Proposal and reserves the right to accept or reject, in whole or in part, any or all proposals submitted.
The Liens granted to Canadian Agent pursuant to the Canadian Security Documents for the benefit of the Canadian Secured Parties (i) have been validly created, (ii) will attach to each item of Collateral on the Closing Date and (iii) when so attached, will secure all the Canadian Obligations owing by the Canadian Obligor granting such Lien.