Examples of Canadian Term Loan Facility in a sentence
The Canadian Term Loan Facility was initially a $200 million loan, with a maturity date of October 31, 2012.
The Canadian Term Loan Facility bears interest at a floating rate of the Bankers Acceptance borrowing rate plus an applicable margin of 275 basis points.
Whenever a Facility Borrower under the Canadian Term Loan Facility or the Canadian Revolving Credit Facility obtains an Advance by way of Bankers' Acceptances, each Non-BA Lender shall, in lieu of accepting a Bankers' Acceptance, make a Loan under such Canadian Facility evidenced by a Discount Note.
On the Effective Date, the Canadian Term Loan Facility shall be amended and restated on such terms and conditions that are mutually acceptable to the lenders under the Canadian Term Loan Facility, the Debtors and the Requisite Consenting Creditors.
Such wire transfer were directed to the Relevant Agent at the Principal Office and were in the form of immediately available, freely transferable Canadian Dollars or US Dollars, as requested by the Facility Borrowers under the Canadian Term Loan Facility, or US Dollars with respect to the US Term Loan.