Cdn. Dollars definition
Examples of Cdn. Dollars in a sentence
The Borrower shall pay interest in Cdn Dollars on its Prime Loans outstanding from time to time at a rate per annum equal to the aggregate of the Prime Rate and the Applicable Pricing Margin for the Prime Margin in effect from time to time.
All payments (including prepayments) to be made by the Borrowers hereunder and under the Notes, whether on account of principal, interest, fees or otherwise, shall be made without setoff or counterclaim and shall be made prior to 12:00 Noon, Toronto time, on the due date thereof to the Administrative Agent, for the account of the Lenders, at the Administrative Agent's office specified in Section 10.2, in Dollars or Cdn Dollars, as the case may be, and in immediately available funds.
Interest on each CDOR Loan based on the principal amount of such CDOR Loan and on the number of days in the applicable CDOR Period shall be paid in Cdn Dollars to the Lender on the Interest Payment Date applicable to such CDOR Loan.
Accrued facility fees shall be payable in Cdn Dollars in arrears on the last Business Day of each calendar quarter and on the date on which the Commitments terminate, commencing on the first such date to occur after the date of the Original Credit Agreement; provided that any facility fees accruing after the date on which the Commitments terminate shall be payable on demand.
In consideration of ▇▇▇▇▇▇'▇ assisting ▇▇▇▇▇ in raising a minimum of Four Hundred Thousand Canadian ($400,000.00 Cdn.) Dollars by way of private placement, convertible debenture or other equity participation in ▇▇▇▇▇ on terms acceptable to ▇▇▇▇▇ and to the regulatory authorities having jurisdiction over the affairs of ▇▇▇▇▇, ▇▇▇▇▇ will, upon completion of such financing, transfer and assign to ▇▇▇▇▇▇ a 0.42% GOR over Derek's Lak Ranch oil and gas leases.