Canadian Revolving Lenders definition

Canadian Revolving Lenders means the Lenders having Canadian Revolving Commitments or holding Canadian Revolving Loans.
Canadian Revolving Lenders means the Persons listed on Schedule 2.01I to Amendment No. 2 (or an Affiliate or branch of any such Person that is acting on behalf of such Person, in which case the term “Canadian Revolving Lenders” shall include any such Affiliate or branch with respect to the Canadian Revolving Loans made by such Affiliate or branch) as having a Canadian Commitment and any other Person that shall acquire a Canadian Commitment, other than any such Person that ceases to be a Canadian Revolving Lender pursuant to an Assignment and Assumption.

Examples of Canadian Revolving Lenders in a sentence

  • The Administrative Agent shall distribute such payments to the relevant Canadian Revolving Lenders promptly upon receipt in like funds as received.

  • All Canadian Revolving Loans comprising the same Borrowing hereunder shall be made by the Canadian Revolving Lenders simultaneously and in proportion to their respective Canadian Revolving Commitments.

  • The Canadian Revolving Loans shall, at the option of Canadian Borrower except as otherwise provided in this Agreement, be (i) Canadian Prime Rate Loans, (ii) B/A Loans, or (iii) part Canadian Prime Rate Loans and part B/A Loans, provided that, all Canadian Revolving Loans made by the Canadian Revolving Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Canadian Revolving Loans of the same Type.

  • Each Canadian Revolving Loan (other than a Canadian Swingline Loan or a Canadian Protective Advance) shall be made as part of a Borrowing consisting of Loans of the same Class and Type made by the Canadian Revolving Lenders ratably in accordance with their respective Canadian Commitments of the applicable Class.

  • The Canadian Administrative Agent and the Canadian Revolving Lenders shall have the continuing and exclusive right to apply and reverse and reapply any and all such proceeds and payments to any portion of the Canadian Secured Obligations.


More Definitions of Canadian Revolving Lenders

Canadian Revolving Lenders means, as of any date of determination, Lenders having a Canadian Revolving Subfacility Commitment.
Canadian Revolving Lenders shall not include Tranche C Lenders.
Canadian Revolving Lenders means, collectively, each Person identified as a ''Canadian Revolving Lender'' on Schedule 1.1 or on the execution pages of the Original Credit Agreement, or both (provided that such Person shall have delivered to the Canadian Borrower and the Administrative Agent such certificates, forms, documents or other evidence as may be applicable and determined by the Canadian Borrower, acting reasonably, to be reasonably satisfactory to establish that such Person is a Canadian Resident on the Effective Date (it being acknowledged that a representation by such Person that it is a Canadian Resident shall be deemed to be reasonably satisfactory evidence thereof if such representation is accompanied by an explanation of the basis for such status)), each acting through its lending office set forth in Schedule 1.1 or such other lending office as such Person may specify in accordance with Section 11.1, and any Person who becomes a Canadian Revolving Lender by way of assignment in accordance with Section 11.3(b), together with such Person's successors and permitted assigns (each, individually, a ''Canadian Revolving Lender'').
Canadian Revolving Lenders means Lenders having Canadian Revolving Commitments, outstanding Canadian Revolving Credit Loans, or participations in Canadian Letters of Credit pursuant to Section 2.21(d) or in Canadian Swing Line Loans pursuant to Section 2.23. “Canadian Revolving Pro Rata Percentage” of any Canadian Revolving Lender, subject to any adjustment as provided in Section 2.24(c) or 2.25(a), shall mean the percentage of the aggregate Canadian Revolving Commitments represented by such Canadian Revolving Lender’s Canadian Revolving Commitment; provided that if the Canadian Revolving Commitments have terminated, the Canadian Revolving Pro Rata Percentages of the Canadian Revolving Lenders shall be determined based upon the Canadian Revolving Commitments most recently in effect, giving effect to any assignments “Canadian Security Agreement” shall mean the Canadian Security Agreement, substantially in the form of Exhibit E-2, among each Canadian Subsidiary of the Parent Borrower party thereto, as grantors, and the Canadian Collateral Agent, for the benefit of the Secured Parties. “Canadian Security Documents” shall mean the Canadian Security Agreement, the Canadian Pledge Agreement, and each other Security Document to which the Parent Borrower, any Canadian Subsidiary Guarantor or any other Subsidiary of the Parent Borrower is a party and that purports to xxxxx x Xxxx in the assets of any such person in favor of the Canadian Collateral Agent for the benefit of the Secured Parties. “Canadian Subsidiaries” shall mean the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof, other than any U.S. Owned Subsidiary.
Canadian Revolving Lenders means, at any time, any Lender (which together with its Related U.S. Lender, if applicable) that has a Canadian Revolving Commitment. The Canadian Revolving Lenders (including the name of any respective Related U.S. Lender, if applicable of any such Canadian Revolving Lender) as of the Closing Date are identified on Schedule 2.01.
Canadian Revolving Lenders means the Canadian Tranche A Revolving Lenders and the Canadian Tranche B Revolving Lenders.
Canadian Revolving Lenders means the financial institutions from time to time named on Schedule A under the heading "Canadian Revolving Lenders," their respective successors and permitted assigns (but not, except as expressly set forth herein, any Participant that is not otherwise a party to this Agreement).