Canadian Term Commitment definition
Canadian Term Commitment means, as to each Canadian Term Lender, its obligation to make a Canadian Term Loan to the Borrower pursuant to Section 2.01(a)(ii) in an aggregate principal amount equal to the amount set forth opposite such Canadian Term Lender’s name on Schedule 1.01(b) under the caption “Canadian Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Canadian Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The Canadian Term Commitment of all of the Canadian Term Lenders on the Closing Date shall be CAD 250,000,000.
Canadian Term Commitment means, with respect to each Canadian Term Lender, the commitment of such Lender to make Canadian Term Loans to the Canadian Borrower in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender’s name on the Commitment Schedule under the caption “Canadian Term Commitment,” as amended to reflect each Assignment and Assumption executed by such Lender and as such amount may be reduced pursuant to this Agreement, and “Canadian Term Commitments” means the aggregate Canadian Term Commitments of all Canadian Term Lenders, which amount, initially as of the Closing Date, shall be $170.0 million.
Canadian Term Commitment as to any Canadian Term Lender, the obligation of such Lender, if any, to make a Canadian Term Loan in an aggregate principal amount not to exceed the amount set forth (i) under the heading “Canadian Term Commitment” opposite such Lender’s name on Schedule 1 to such Lender’s Lender Addendum, (ii) on such Lender’s Lender Authorization or (iii) in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of Canadian Term Commitments as of the Second Restatement Date is Two Hundred Sixty-Eight Million Six Hundred Fifty Thousand Dollars ($268,650,000).
Examples of Canadian Term Commitment in a sentence
If an Incremental Canadian Term Commitment is established in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date and the date of funding thereof and the Administrative Agent shall advise each Incremental Canadian Term Lender of the details thereof.
The Initial Canadian Term Commitment of each Term Lender shall be automatically and permanently reduced to C$0 upon the making of such Term Lender’s Initial Canadian Term Loans pursuant to Section 2.01(a).
Subject to the terms and conditions set forth herein, each Canadian Term Lender severally agrees to make a single loan to the Borrower (each such loan and each loan, if any, made under the Incremental Canadian Term Commitments, referred to individually as a “Canadian Term Loan” and, collectively, the “Canadian Term Loans”), in Canadian Dollars, on the Closing Date, in an aggregate amount equal to such Canadian Term Lender’s Canadian Term Commitment.
Each Canadian Term Lender on the Closing Date made a loan (each a “Canadian Term Loan”) in Dollars to the Canadian Borrower in an amount equal to such Canadian Term Lender’s Canadian Term Commitment.
The Canadian Term Commitment of any Lender is sometimes referred to herein as such Lender’s Canadian Term Commitment.
More Definitions of Canadian Term Commitment
Canadian Term Commitment. “ means, as to each Canadian Term Lender, its obligation to make a Canadian Term Loan to the Borrower pursuant to Section 2.01(a) in a principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Canadian Term Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Canadian Term Commitment means, with respect to each Lender, the commitment of such Lender to make a Canadian Term Loan in an amount not to exceed the amount set forth under the heading “Canadian Term Commitment” opposite such Lender’s name on Schedule 2.01. The aggregate amount of the Lenders’ Canadian Term Commitments as of the Amendment and Restatement Effective Date is $65,000,000.
Canadian Term Commitment means, with respect to each Canadian Term Lender, the commitment of such Lender to make Canadian Term Loans to the Canadian Borrower in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender's name on Schedule I (Commitments) under the caption "Canadian Term Loan Commitment," as amended to reflect each Assignment and Acceptance executed by such Lender and as such amount may be reduced pursuant to this Agreement, and "Canadian Term Commitments" shall mean the aggregate Canadian Term Commitments of all Canadian Term Lenders, which amount, initially as of the Closing Date, shall be $475,000,000. "Canadian Term Lender" means each Lender that has a Canadian Term Commitment or that holds a Canadian Term Loan.
Canadian Term Commitment has the meaning specified in the definition of Commitment.
Canadian Term Commitment means, as to each Lender, its obligation to make Initial Canadian Term Loans to the Canadian Borrower pursuant to Section 2.01(a)(ii) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Canadian Term Commitment” or opposite such caption in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Canadian Term Commitments is the Canadian Dollar Equivalent of $100,000,000.
Canadian Term Commitment as to any Canadian Lender, the obligation of such Lender, if any, to make a Canadian Term Loan to the Canadian Borrower hereunder on the Closing Date in a principal amount not to exceed the Canadian Dollar Equivalent on the Business Day prior to the Closing Date of the amount set forth below the heading “Canadian Term Commitment” on Schedule 1.3C hereto or in the Assignment and Acceptance to which such Lender became a party hereto. The original aggregate amount of the Canadian Term Commitments is the Canadian Dollar Equivalent on the Business Day prior to the Closing Date of $35,000,000.
Canadian Term Commitment the meaning specified in Subsection 2.6.1 (Commitment to Make Canadian Term Loans).