CC Canada definition
Examples of CC Canada in a sentence
The Canadian Dollar Revolving Credit Loans made by each Canadian Funding Bank shall be evidenced by a promissory note of CC Canada, substantially in the form of Exhibit A-4, with appropriate insertions as to payee, date and principal amount (a "Canadian Dollar Revolving Credit Note"), payable to the order of such Canadian Funding Bank.
The Canadian Dollar Term Loans made by each Canadian Funding Bank shall be evidenced by promissory notes of CC Canada, substantially in the form of Exhibit A-5 (each, a "Canadian Dollar Term Note A" or "Canadian Dollar Term Note B", as the case may be), with appropriate insertions, payable to the order of such Canadian Funding Bank and in a principal amount equal to the amount of the Canadian Dollar Term Loan A Commitment or Canadian Dollar Term Loan B Commitment of such Canadian Funding Bank.
Each Canadian Funding Bank will make the amount of its pro rata share of each borrowing (based on its Canadian Dollar Revolving Credit Commitment Percentage at the time) available to CC Canada by crediting such amount in Canadian Dollars to CC Canada's deposit account with such Canadian Funding Bank not later than 2:00 p.m. New Jersey time on the day of the requested Canadian Dollar Revolving Credit Loan or as otherwise directed by CC Canada and acceptable to the Canadian Funding Banks.
CC Canada shall pay to the Administrative Agent for the account of the Canadian Funding Banks on the date of each termination or reduction of the Canadian Dollar Revolving Credit Commitments, the Commitment Fees on the amount of the Canadian Dollar Revolving Credit Commitments so terminated or reduced accrued to the date of such termination or reduction.
The making and performance of the Airborne Acquisition Agreements, the Arell Acquisition Agreements and the Amalgamation Agreement, as the case may be, will not violate any provision of any law or regulation, federal, state, local, or foreign, including precedents of the jurisdiction of incorporation of CC Canada or constitute a default under any agreement by which CC Canada or its property may be bound, which violation or default, in any case, could have a Material Adverse Effect.
CC Canada hereby acknowledges that a Debenture executed by it constitutes a title of indebtedness, as such term is used in Article 2692 of the Civil Code of Quebec.
As provided in subsection 5.1, any payments of Commitment Fees by CC Canada to the Canadian Funding Banks shall be made to the Administrative Agent, for the account of the Canadian Funding Banks, at its offices set forth in subsection 12.2 on the date when due in Dollars and in immediately available funds.
The making and performance of the Airborne Acquisition Agreements, the Arell Acquisition Agreements and the Amalgamation Agreement, as the case may be, will not violate any provisions of the articles of incorporation and bylaws of CC Canada .
The Interim Revolving Credit Loans made by each U.S. Dollar Bank shall be evidenced by a promissory note of CC Canada, substantially in the form of Exhibit A-6, with appropriate insertions as to payee, date and principal amount (in "Interim Revolving Credit Note"), payable to the order of such U.S. Dollar Bank.
If a Canadian COF Rate Loan is requested but no Interest Period with respect to such Loan is specified in any such notice, then CC Canada shall be deemed to have selected an Interest Period of thirty (30) days' duration.