Canadian Subsidiary Borrower definition

Canadian Subsidiary Borrower means any Wholly-Owned Subsidiary that becomes a Canadian Subsidiary Borrower pursuant to Section 2.24 and that has not ceased to be a Canadian Subsidiary Borrower pursuant to such Section.
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Canadian Subsidiary Borrower means Scotts Canada Ltd. or any other Foreign Subsidiary Borrower organized under the laws of Canada and designated as such by the Borrower in a notice to the Administrative Agent, which shall notify each Canadian Lender thereof.
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Canadian Subsidiary Borrower means Uniplast Industries Co., a Nova Scotia corporation.
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Examples of Canadian Subsidiary Borrower in a sentence

  • If no Currency with respect to any Canadian Revolving Loan is specified in any such notice, then the Canadian Subsidiary Borrower shall be deemed to have selected Canadian Dollars.

  • If no Contract Period with respect to any Canadian B/A is specified in any such notice, then the Canadian Subsidiary Borrower shall be deemed to have selected a Contract Period of one month’s duration.

  • If no Interest Period with respect to any LIBOR Loan is specified in any such notice, then the Canadian Subsidiary Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • Notwithstanding anything contained herein or in the other Loan Documents to the contrary, none of the Canadian Subsidiary Borrower or any Foreign Subsidiary Loan Party shall be liable for any U.S. Secured Obligations, and none of the Collateral pledged by the Canadian Subsidiary Borrower or any Foreign Subsidiary Loan Party shall secure any U.S. Secured Obligations.

  • Each payment by any Canadian Subsidiary Borrower on account of principal of and interest on the Canadian Dollar Loans shall be made ratably according to the respective outstanding principal amounts of the relevant Canadian Dollar Loans then held by the relevant Canadian Dollar Lenders.

  • All payments (including prepayments) to be made by any Canadian Subsidiary Borrower hereunder, whether on account of principal, interest, fees or otherwise, shall be made without set off or counterclaim and shall be made prior to 11:00 A.M., Toronto time, on the due date thereof to the Canadian Administrative Agent, for the account of the Canadian Dollar Lenders, at the Canadian Administrative Office in Canadian Dollars and in immediately available funds.

  • Notwithstanding the preceding sentence, no Canadian Borrowing Subsidiary Termination will become effective as to any Canadian Subsidiary Borrower at a time when any principal of or interest on any Loan to such Borrower shall be outstanding hereunder, provided that such Canadian Borrowing Subsidiary Termination shall be effective to terminate the right of such Canadian Subsidiary Borrower to make further Borrowings under this Agreement.

  • If such notice is given, the relevant Canadian Subsidiary Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein, together with accrued interest to such date on the amount prepaid.

  • Whenever any Non-Excluded Taxes are payable by any Canadian Subsidiary Borrower, as promptly as possible thereafter but in any event within 45 days after the date of payment such Canadian Subsidiary Borrower shall send to the Canadian Administrative Agent for its own account or for the account of such Canadian Dollar Lender, as the case may be, a certified copy of an original official receipt received by such Canadian Subsidiary Borrower showing payment thereof.

  • Drafts of the Canadian Subsidiary Borrowers to be accepted as Bankers’ Acceptances hereunder shall be duly executed on behalf of the Canadian Subsidiary Borrower.


More Definitions of Canadian Subsidiary Borrower

Canadian Subsidiary Borrower means Xxxxxxx River Laboratories Preclinical Services Montreal, Inc., a Quebec corporation.
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Canadian Subsidiary Borrower has the meaning assigned to such term in the preamble to this Agreement, provided that, upon the amalgamation of 6461948 Canada Inc. with the Canadian Company, the entity resulting from such amalgamation (which shall be named “Indalex Limited”) shall become the Canadian Subsidiary Borrower for all purposes hereunder and under the other Loan Documents.
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Canadian Subsidiary Borrower means any Canadian Subsidiary of the Parent Borrower designated as a Canadian Subsidiary Borrower by the Parent Borrower pursuant to SECTION 2.16 that has not ceased to be a Canadian Subsidiary Borrower pursuant to such Section. "CANADIAN SWINGLINE COMMITMENT" means the agreement of the Canadian Swingline Lender to make Loans pursuant to SECTION 2.01(d). "CANADIAN SWINGLINE COMMITTED AMOUNT" means US$15,000,000 (or such other amount not in excess of US$15,000,000) as the Parent Borrower and the Canadian Swingline Lender may agree from time to time), as such Canadian Swingline Committed Amount may be reduced pursuant to SECTION 2.11.
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Canadian Subsidiary Borrower has the meaning set out in the recitals hereto.
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Canadian Subsidiary Borrower means Pliant Corporation of Canada Ltd., a limited liability company organized under the laws of Ontario.
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Canadian Subsidiary Borrower has the meaning assigned to such term in the preamble to this Agreement.
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Related to Canadian Subsidiary Borrower

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • German Borrower means a Borrower incorporated in Germany.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.