Canadian Protective Advances definition

Canadian Protective Advances shall have the meaning assigned to such term in Section 2.18.
Canadian Protective Advances as defined in Section 2.1.6.
Canadian Protective Advances is defined in Section 2.2(e)(i).

Examples of Canadian Protective Advances in a sentence

  • Canadian Required Lenders may at any time revoke Agent’s authority to make further Canadian Protective Advances under clause (a) by written notice to Agent.

  • Canadian Protective Advances and/or U.S. Protective Advances, as the context requires.

  • Canadian Lenders shall participate on a Pro Rata basis in Canadian Protective Advances outstanding from time to time.


More Definitions of Canadian Protective Advances

Canadian Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.
Canadian Protective Advances has the meaning specified in Section 2.01(g).
Canadian Protective Advances the French Revolving Loans described in this Section 2.01(3)(iii), “French Protective Advances”, the European Revolving Loans described in this Section 2.01(3)(iv), “German Protective Advances”, the European Revolving Loans described in this Section 2.01(3)(v), “Spanish Protective Advances” and the European Revolving Loans described in this Section 2.01(3)(vi), “U.K. Protective Advances”); provided that (i) with respect to U.S. Protective Advances, in no event will the U.S. Revolving Facility Credit Exposure and the Canadian Borrower Revolving Facility Credit Exposure exceed the aggregate U.S./Canadian Revolving Facility Commitments, (ii) with respect to Canadian Protective Advances, in no event will the Canadian Borrower Revolving Facility Credit Exposure and the U.S. Revolving Facility Credit Exposure exceed the aggregate U.S./Canadian Revolving Facility Commitments, (iii) with respect to French Protective Advances, in no event will the French Revolving Facility Credit Exposure exceed the aggregate French Revolving Facility Commitments, (iv) with respect to German Protective Advances, in no event will the German Revolving Facility Credit Exposure, the Spanish Revolving Facility Credit Exposure and the U.K. Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments, (v) with respect to Spanish Protective Advances, in no event will the Spanish Revolving Facility Credit Exposure, the German Revolving Facility Credit Exposure and the U.K. Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments and (vi) with respect to U.K. Protective Advances, in no event will the U.K. Revolving Facility Credit Exposure, the Spanish Revolving Facility Credit Exposure and the German Revolving Facility Credit Exposure exceed the aggregate European Revolving Facility Commitments and (vii) the Required Lenders under the Revolving Facility may at any time revoke the Administrative Agent’s authorization to make future Protective Advances; provided, further, that any such revocation must be in writing and will become effective prospectively upon the Administrative Agent’s receipt thereof and existing Protective Advances will not be subject to thereto. Each applicable Revolving Lender will be obligated to advance to the Borrowers its applicable Revolving Facility Percentage of each Protective Advance made in accordance with this Section 2.01(3). If Protective Advances are made in accordance with the precedi...
Canadian Protective Advances shall have the meaning provided in Section 2.18Real Estate" shall mean Real Property owned by the Canadian Borrowers.

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