Canadian Sublimit definition

Canadian Sublimit means an amount equal to $200,000,000. The Canadian Sublimit is part of, and not in addition to, the Revolving Credit Commitments.
Canadian Sublimit means $5,000,000.
Canadian Sublimit means $40,000,000.

Examples of Canadian Sublimit in a sentence

  • No Canadian Letter of Credit shall be issued, amended, renewed or extended if (and upon issuance, amendment, renewal or extension of each Letter of Credit, the Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension, the sum of the Canadian Revolving Exposure plus the Canadian Letter of Credit Exposure would exceed the Canadian Sublimit.

  • Notwithstanding anything contained herein to the contrary, in no event shall (i) the Total Utilization of Commitments at any time exceed the Availability Amount then in effect or (ii) the aggregate Canadian Revolving Exposure at any time exceed 105% of the Canadian Sublimit then in effect.

  • The potential increase in traffic incidents would occur from natural population increases on the island rather than from proposed military actions and the Guam Department of Transportation and Police Department would ensure traffic safety measures are in place to provide safe road conditions.

  • Notwithstanding the foregoing, in the event that the U.K. Sublimit and Canadian Sublimit are adjusted in accordance with the terms hereof, Agent may, without the consent of the Lenders, make conforming changes to the signature pages hereof and any Assignment and Assumption Agreement to reflect such adjustments.

  • If for any reason the Canadian Revolving Exposure exceeds 105% of the Canadian Sublimit, the Borrowers shall promptly prepay Canadian Loans to the extent necessary so that the Canadian Revolving Exposure shall not exceed the Canadian Sublimit then in effect.


More Definitions of Canadian Sublimit

Canadian Sublimit means $75,000,000.
Canadian Sublimit means $400,000,000, as such amount may be decreased pursuant to Section 2.09(c) or increased pursuant to Section 2.09(g).
Canadian Sublimit means $150,000,000.
Canadian Sublimit means $40,000,000, as such sublimit may be reduced or terminated in accordance with Section 2.09.
Canadian Sublimit shall have the meaning assigned to such term in Section 2.01(a).
Canadian Sublimit means C$10,000,000.
Canadian Sublimit means (a) prior to the Canadian Proceeding Date, $75,000,000 and (b) from and after the Canadian Proceeding Date, $0.