Schedule I Reference Banks definition

Schedule I Reference Banks means any bank or banks named on Schedule I to the Bank Act (Canada) as may be agreed from time to time by the Administrative Agent and the Borrower.
Schedule I Reference Banks means collectively Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and such one or more other Canadian banks identified in Schedule I to the Bank Act (Canada) as may from time to time be designated by the Administrative Agent, in consultation with the Canadian Borrower.
Schedule I Reference Banks means the Agent and such other Schedule I Bank which is a Lender and which, from time to time, is designated by the Borrower, in consultation with the Agent, as a Schedule I Reference Bank or, if there is no Lender other than the Agent which is a Schedule I Bank, the Agent alone.

Examples of Schedule I Reference Banks in a sentence

  • If no two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks furnish such information to Administrative Agent, Administrative Agent shall determine such Average Effective Discount Rate on the basis of timely information furnished by any single Schedule I Reference Bank or Schedule II/Schedule III Reference Bank, as applicable.

  • At this time, our resources and size prevent us from being able to employ sufficient resources to enable us to have adequate segregation of duties within our internal control system.

  • At least two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks (or, if there is only one Schedule II/Schedule III Reference Bank, such Schedule II/Schedule III Reference Bank), as the case may be, agree to furnish to Canadian Administrative Agent timely information for the purpose of determining each Average Effective Discount Rate.

  • If no two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks (or, if there is only one Schedule II/Schedule III Reference Bank, such Schedule II/Schedule III Reference Bank) furnish such information to Canadian Administrative Agent, Canadian Administrative Agent shall determine such Average Effective Discount Rate on the basis of timely information furnished by any single Schedule I Reference Bank or Schedule II/Schedule III Reference Bank, as applicable.

  • At least two Schedule I Reference Banks or Schedule II/Schedule III Reference Banks, as the case may be, agree to furnish to Administrative Agent timely information for the purpose of determining each Average Effective Discount Rate.


More Definitions of Schedule I Reference Banks

Schedule I Reference Banks means those Canadian Lenders identified as a Schedule I Reference Bank on Schedule 2.01.
Schedule I Reference Banks means each of Royal Bank of Canada and such other Schedule I Banks as are agreed to from time to time by the Borrowers and the Administrative Agent, each acting reasonably; provided that there shall be no more than three Schedule I Reference Banks at any one time.
Schedule I Reference Banks means CIBC and Bank of Montreal.
Schedule I Reference Banks means such Schedule I chartered banks -------------------------- under the Bank Act (Canada) as are mutually agreed upon by the Canadian Administrative Agent and the Canadian Borrower. "Schedule II and/or Schedule III Reference Banks" means such Schedule ----------------------------------------------- II and/or Schedule III banks under the Bank Act (Canada) as are mutually agreed upon by the Canadian Administrative Agent and the Canadian Borrower.
Schedule I Reference Banks means any bank or banks named on Schedule I to the Bank Act (Canada) as may be agreed fromtime to time by the Global Administrative Agent and the Borrowers.
Schedule I Reference Banks means The Bank of Nova Scotia and such other Schedule I Banks as are agreed from time to time by SSC Canada and the Canadian Administrative Agent; PROVIDED that there shall be no more than three Schedule I Reference Banks at any one time. "SCHEDULE II BANK" shall mean a bank that is a bank listed on Schedule II or Schedule III under the Bank Act (Canada).
Schedule I Reference Banks means at least one but no more than two banks named on Schedule I to the Bank Act (Canada) as agreed by the CN Administrative Agent and Canadian Borrower.