Canadian Swingline Sublimit definition

Canadian Swingline Sublimit has the meaning assigned to such term as Section 2.03(a).
Canadian Swingline Sublimit as defined in Section 2.2(c)(ii).
Canadian Swingline Sublimit means the lesser of (a) $15,000,000 and (b) the Swingline Commitment.

Examples of Canadian Swingline Sublimit in a sentence

  • In connection with any Reallocation, the Borrower Representative may reallocate (x) any portion of the U.S. Letter of Credit Sublimit to the Canadian Letter of Credit Sublimit and vice-versa and (y) any portion of the U.S. Swingline Sublimit to the Canadian Swingline Sublimit and vice-versa.

  • No such reduction in the Revolving Credit Commitments shall reduce the Canadian Revolving Credit Sublimit, the Swingline Commitment, the Canadian Swingline Sublimit or the L/C Commitment (except as set forth in each respective definition).

  • Within the limits of the Canadian Swingline Sublimit, and subject to the other terms and conditions hereof, the Parent Borrower may borrow under this Section 2.01(g), prepay under Section 2.04, and reborrow under this Section 2.01(g).

  • If at any time the Canadian Swingline Loans outstanding at such time exceed the Canadian Swingline Sublimit, the Canadian Borrower agrees to repay within one (1) Business Day following receipt of notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Revolving Credit Lenders, Extensions of Credit in an amount equal to such excess with each such repayment applied to the principal amount of outstanding Canadian Swingline Loans.

  • The Canadian Swingline Sublimit is part of, and not in addition to, the Aggregate Canadian Revolving Loan Commitments.


More Definitions of Canadian Swingline Sublimit

Canadian Swingline Sublimit means an amount equal to $15,000,000 or the Equivalent amount thereof. The Canadian Swingline Sublimit is part of, and not in addition to, the Canadian Revolving Credit Facility.
Canadian Swingline Sublimit. $15,000,000. The Canadian Swingline Sublimit is part of, and not in addition to, the Aggregate Canadian Revolving Loan Commitments.
Canadian Swingline Sublimit means an amount equal to the lesser of (a) $5,000,000 and (b) the Canadian Total Commitments. The Canadian Swingline Sublimit is part of, and not in addition to, the Canadian Total Commitments.
Canadian Swingline Sublimit on any date of determination, an amount equal to $5,000,000.
Canadian Swingline Sublimit an amount equal to the lesser of (i) $5 million and (ii) the Canadian Line Cap at such time.
Canadian Swingline Sublimit means an amount equal to the lesser of (a) $5,000,000 and (b) the Canadian Total Commitments.
Canadian Swingline Sublimit means the lesser of (i) C$5,000,000, and (ii) the aggregate unused amount of Canadian Revolving Commitments then in effect.