Canadian Revolving Credit Note definition

Canadian Revolving Credit Note means a promissory note made by the Canadian Borrowers in favor of a Revolving Credit Lender evidencing the Canadian Revolving Credit Loans made by such Revolving Credit Lender, substantially in the form attached as Exhibit A-2, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

Canadian Revolving Credit Note means a promissory note made by the Canadian Borrower in favor of a Revolving Credit Lender evidencing the Canadian Revolving Credit Loans made by such Revolving Credit Lender, substantially in the form attached as Exhibit A-2, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

Canadian Revolving Credit Note as defined in subsection 5.2(e).

Examples of Canadian Revolving Credit Note in a sentence

• The principal amount of each Canadian Revolving Credit Note shall be payable on or before Maturity Date.

• According to APPIC, it is expected that some students applying for internship in the future, may not secure a placement.

• Upon the request of any Lender made through the Administrative Agent, the applicable Borrower shall execute and deliver to such Lender (through the Administrative Agent) a US Revolving Credit Note, Canadian Revolving Credit Note, a US Term Loan Note, a Canadian Term Loan Note, US Swingline Note and/or Canadian Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans, Term Loans and/or Swingline Loans, as applicable, in addition to such accounts or records.

• A duly completed and executed Canadian Revolving Credit Note (C$) and a duly completed and executed Canadian Revolving Credit Note (US$) for each Canadian Revolving Lender requesting same, dated as of the Closing Date, and payable to the order of such Canadian Revolving Lender.

• Upon the request of any Lender made through the Administrative Agent, the applicable Borrower shall execute and deliver to such Lender (through the Administrative Agent) a US Revolving Credit Note, Canadian Revolving Credit Note, Term Loan Note, US Swingline Note and/or Canadian Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans, Term Loans and/or Swingline Loans, as applicable, in addition to such accounts orrecords.

More Definitions of Canadian Revolving Credit Note

Canadian Revolving Credit Note means a promissory note of a Canadian Borrower, substantially in the form of Exhibit A-5, evidencing Canadian Revolving Loans (other than Canadian B/A Borrowings).

Canadian Revolving Credit Note shall have the meaning assigned to such term in Section 2.8.

Canadian Revolving Credit Note as defined in Section 3.3(e).

Canadian Revolving Credit Note means a Canadian Revolving Credit Note executed and delivered pursuant to Section 2.5(c) hereof.

Canadian Revolving Credit Note shall have the meaning ascribed to such term in Section 2.01(i)(a) of this Loan Agreement.

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 that any obligations of the Borrowers or its Restricted Subsidiaries either existing on the Closing Date or created prior to any recharacterization described below (i) that were not included on the consolidated balance sheet of the Borrowers as capital ...

Canadian Revolving Credit Note means any promissory note of the Canadian Borrower payable to the order of each Canadian Lender that has a Canadian Revolving Credit Sub-Commitment, in substantially the form of Exhibit A-2, in a stated principal amount (expressed in Canadian Dollars) which exceeds by 25% the Canadian Dollar Equivalent (as of the date of issuance) of the respective Canadian Lender's Canadian Revolving Credit Sub-Commitment; provided that if, because of fluctuations in exchange rates after the Restatement Effective Date, the amount of the Canadian Revolving Credit Note of the Canadian Borrower held by any Canadian Lender would not be at least as great as the outstanding principal amount of, and the Face Amount of, as applicable, Canadian Revolving Credit Loans made by such