Canadian Revolving Credit Lender definition

Canadian Revolving Credit Lender means, at any time, any Lender that has a Canadian Revolving Credit Commitment at such time.

Canadian Revolving Credit Lender a Revolving Credit Lender with a Canadian Revolving Credit Commitment or that is a holder of Canadian Revolving Credit Loans.

Canadian Revolving Credit Lender each Lender that has a Canadian Revolving Credit Commitment or that is the holder of Canadian Revolving Credit Loans, including the Canadian Issuing Lender and the Canadian Agent.

Examples of Canadian Revolving Credit Lender in a sentence

• No such assignment of all or a portion of a Canadian Revolving Credit Lender’s Canadian Revolving Credit Commitment or other rights and obligations under this Agreement shall be made to any Person other than an assignee who satisfies the definition of Canadian Revolving Credit Lender.

• Immediately upon the making of a Canadian Swingline Loan, each Canadian Revolving Credit Lender shall be deemed, and hereby irrevocably and unconditionally agrees to, purchase from the Canadian Swingline Lender a risk participation in such Canadian Swingline Loan in an amount equal to the product of such Canadian Revolving Credit Lender’s Applicable Adjusted Percentage multiplied by the amount of such Canadian Swingline Loan.

• Xxxx Title: Duly Authorized Signatory CREDIT SUISSE, TORONTO BRANCH, as Canadian Swing Line Lender, Canadian L/C Issuer and Canadian Revolving Credit Lender By: /s/Axxxx Xxxxxx Name: Axxxx Xxxxxx Title: Director By: /s/Bxxxx X.

• Not later than 12:00 Noon, Toronto time, on each requested Borrowing Date each Canadian Revolving Credit Lender shall make an amount equal to its Canadian Revolving Credit Commitment Percentage of the principal amount of Canadian Revolving Credit Loans requested to be made on such Borrowing Date available to the Canadian Administrative Agent at the Canadian Funding Office in Canadian Dollars or U.S. Dollars, as the case may be, and in immediately available funds.

• The Canadian Revolving Credit Facility Fee payable to each Canadian Revolving Credit Lender shall be determined by multiplying the Applicable Fee Percentage times the Canadian Revolving Credit Aggregate Commitment then in effect (whether used or unused).

More Definitions of Canadian Revolving Credit Lender

Canadian Revolving Credit Lender means each financial institution listed on Schedule 2.01 as a “Canadian Revolving Credit Lender” (provided that such Person, or an Affiliate of such Person, also has a U.S. Revolving Credit Commitment), as well as any Person that becomes a “Canadian Revolving Credit Lender” (provided that such Person or an Affiliate of such Person also has a U.S. Revolving Credit Commitment) hereunder pursuant to Section 2.13 or 10.06. Each Canadian Revolving Credit Lender is a financial institution that is listed on Schedule I, II, or III of the Bank Act (Canada) or is not a foreign bank for purposes of the Bank Act (Canada), and if such financial institution is not resident in Canada and is not deemed to be resident in Canada for purposes of the Income Tax Act (Canada), that financial institution deals at arm’s length with each Canadian Loan Party for purposes of the Income Tax Act (Canada).

Canadian Revolving Credit Lender a Lender that has a Canadian Revolving Credit Commitment (with respect to which such Lender (or its designated Affiliate for purposes of making Loans in Canadian Dollars to Canadian Revolving Credit Borrowers domiciled in Canada) is a Schedule I Bank, a Schedule II Bank, a Schedule III Bank or a Person otherwise established under the laws of Canada or any province or territory thereof that is authorized to carry on business in Canada pursuant to Part XII of the Bank Act (Canada)) or an “authorized foreign bank” as defined in section 2 of the Bank Act (Canada).

Canadian Revolving Credit Lender each Lender that has a Canadian Revolving Credit Commitment or that is the holder of Canadian Revolving Credit Loans, including the Canadian Issuing Lender and the Canadian Agent; provided that no Non-Canadian Lender shall be Canadian Revolving Credit Lender.

Canadian Revolving Credit Lender means any Lender with the Canadian Revolving Credit Commitment.

Canadian Revolving Credit Lender means a Lender that has a Canadian Revolving Credit Commitment with respect to which such Lender is a Schedule I Bank, a Schedule II Bank, or a Schedule III Bank, unless such Lender became a party hereto during the continuance of an Event of Default.

Canadian Revolving Credit Lender means, at any time, any Lender that has a Canadian Revolving Credit Commitment or holds Canadian Revolving Credit Loans at such time. “Canadian Revolving Credit Loan” has the meaning specified in Section 2.01(a)(ii). “Canadian Revolving Credit Note” means a promissory note of the applicable Borrower payable to any Canadian Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit B-2 to the Original Credit Agreement, evidencing the aggregate Indebtedness of the applicable Borrower to such Canadian Revolving Credit Lender resulting from the Canadian Revolving Credit Loans made by such Canadian Revolving Credit Lender. “Canadian Security Agreement” means, collectively, the security agreement executed by the Canadian Loan Parties substantially in the form of Exhibit G-1 to the Original Credit Agreement, together with each security agreement supplement executed and delivered pursuant to Section 6.11. “Canadian Subsidiary” means any subsidiary of the Canadian Borrower that has been formed or is organized under the laws of Canada or any province or territory thereof. “Canadian Supermajority Lenders” means, as of any date of determination, Canadian Revolving Credit Lenders holding more than 66 2/3% of the sum of the (i) Canadian Revolving Credit Exposure of all Lenders at such date (with the aggregate amount of each Canadian Revolving Credit Lender’s Canadian Protective Advance Participations being deemed “held” by such Canadian Revolving Credit Lender for purposes of this definition) and (ii) aggregate unused Canadian Revolving Credit Commitments; provided that the unused Canadian Revolving Credit Commitment of, and the portion of the Canadian Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Canadian Supermajority Lenders. “Capital Expenditures” means, for any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities and including in all events all amounts expended or capitalized under Capitalized Leases) by the Borrowers and their Restricted Subsidiaries during such period that, in conformity with GAAP, are or are required to be included as capital expenditures on the consolidated statement of cash flows of the Borrowers and their Restricted Subsidiaries. “Capitalized Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in respect of a Capitalized Lease; provided tha...

Canadian Revolving Credit Lender set forth in subsection 1.1 of the Credit Agreement is hereby amended by deleting the word “Commitment” in the second line thereof and inserting the word “Loan” in its place.