Canadian Swingline Loans definition

Canadian Swingline Loans have the meanings specified in Section 2.3(c).
Canadian Swingline Loans shall have the meaning assigned to such term in section 2.9(a).
Canadian Swingline Loans means any loan made by the Canadian Swingline Lender pursuant to Section 2.17(d).

Examples of Canadian Swingline Loans in a sentence

  • Canadian Loans and participations in Canadian Swingline Loans and Canadian Letters of Credit will be funded by each Canadian Lender pro rata in accordance with its Applicable Percentage of the Canadian Commitments.

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrower may borrow, prepay and reborrow Canadian Swingline Loans.

  • The obligation of the Canadian Borrower to repay Canadian Swingline Loans shall be evidenced by the records of Agent (acting through its Canada branch) and need not be evidenced by any promissory note.

  • All Canadian Swingline Loans shall at all times be Canadian Base Rate Loans.

  • Unless otherwise specified, for purposes of this Agreement, any determination of the amount of any outstanding Canadian Revolving Credit Loans, Canadian Swingline Loans or Canadian Obligations shall be based upon the Dollar Amount of such Canadian Revolving Credit Loans, Canadian Swingline Loans or Canadian Obligations.

  • To request a Swingline Loan, an applicable Borrower shall notify the applicable Administrative Agent of such request by telephonic (followed immediately by an electronic request) or electronic transmission, not later than 12:00 p.m., Local Time (in the case of U.S. Swingline Loans and Canadian Swingline Loans) and 11:00 a.m., Local Time (in the case of Dutch Swingline Loans), on the day of a proposed Swingline Loan under the relevant Subfacility.

  • Agent (acting through its Canada branch) may, but shall not be obligated to, advance Canadian Swingline Loans to the Canadian Borrower, up to an aggregate outstanding amount equal to 10% of the aggregate Canadian Revolver Commitments, unless the funding is specifically required to be made by all Canadian Lenders hereunder.

  • The Canadian Swingline Lender shall be responsible for invoicing the Canadian Borrower for interest on the Canadian Swingline Loans.

  • Canadian Swingline Loans shall constitute Canadian Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until Canadian Lenders have funded their participations therein as provided below.

  • All Canadian Swingline Loans shall be CP Borrowings or USBR Borrowings.


More Definitions of Canadian Swingline Loans

Canadian Swingline Loans means the Swingline Loans made to the Canadian Borrower pursuant to Section 2.04(a)(ii).
Canadian Swingline Loans as defined in Section 4.1.3(a).
Canadian Swingline Loans shall have the meaning assigned to such term in Section 2.1(a).
Canadian Swingline Loans as defined in Section 2.13.
Canadian Swingline Loans means the Swingline Loans made to the Canadian Borrower pursuant to Section 2.04(a)(ii). “Capital Expenditures” shall mean, for any person in respect of any period, the aggregate of all expenditures incurred by suchperson during such period that, in accordance with GAAP, are or should be included in “additions to property, plant or equipment” orsimilar items reflected in the statement of cash flows of such person, provided, however, that Capital Expenditures for the Company and the Subsidiaries shall not include:
Canadian Swingline Loans means the collective reference to all Cash Management Swingline Loans and Non-Cash Management Swingline Loans made by the Canadian Swingline Lender to the Canadian Borrower.

Related to Canadian Swingline Loans

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Swingline Loans as defined in Section 2.6.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swing Line Loans as defined in Section 2.6.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Canadian Revolving Commitment means the commitment of a Lender to make or otherwise fund any Canadian Revolving Loan and to acquire participations in Canadian Letters of Credit and Swing Line Loans hereunder and “Canadian Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Canadian Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Canadian Revolving Commitments as of the Restatement Date is $10,000,000.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Swingline Lenders means JPMorgan Chase Bank and any other Lender that agrees to act as a Swingline Lender, each in its capacity as a lender of Swingline Loans hereunder.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.