Schedule II Lender definition

Schedule II Lender means a Lender which is a Canadian chartered bank listed on Schedule II to the Bank Act (Canada).
Schedule II Lender any Lender named on Schedule II or Schedule III to the Bank Act (Canada).
Schedule II Lender means any Syndicated Canadian Bank named on Schedule II or Schedule III to the Bank Act (Canada).

Examples of Schedule II Lender in a sentence

  • Upon the assignment in accordance with Section 9.07 by any Lender that is a Schedule II chartered bank under the Bank Act (Canada) (a "Schedule II Lender") of the rights and obligations of such Schedule II Lender hereunder to its Lender Affiliate that is a Schedule III Bank, all references herein to such Schedule II Lender shall be deemed to be references to such Schedule III Bank.

  • Each Schedule II Lender and Schedule III Lender shall purchase all Bankers’ Acceptances accepted by it on the relevant Drawing Date, Rollover Date or Conversion Date at the BA Discount Rate which is the sum of (a) the CDOR Rate for bankers’ acceptances in Canadian Dollars having a comparable issue dates and maturity dates to the Bankers’ Acceptances purchased by such Schedule II Lender and Schedule III Lender; plus (b) 10 basis points.

  • Each Schedule II Lender and Schedule III Lender shall purchase all Bankers' Acceptances accepted by it on the relevant Drawing Date, Rollover Date or Conversion Date at the BA Discount Rate which is the sum of (a) the CDOR Rate for bankers' acceptances in Canadian Dollars having a comparable issue dates and maturity dates to the Bankers' Acceptances purchased by such Schedule II Lender and Schedule III Lender; plus (b) 10 basis points.


More Definitions of Schedule II Lender

Schedule II Lender each Lender which is not a Schedule I Lender.
Schedule II Lender means any Canadian Lender that is not a Schedule I Lender.
Schedule II Lender means a Lender which is a Canadian chartered bank listed on Schedule II to the BANK ACT (Canada).
Schedule II Lender has the meaning specified in Section 1.05 of this Agreement. "SCHEDULE II/III REFERENCE BANKS" means JPMorgan Chase Bank, Toronto Branch, Citibank, N.A., Canadian branch and Bank of America, N.A., Canada Branch or such other Schedule II chartered banks under the Bank Act (Canada) or Schedule III Banks as are mutually agreed upon by the Administrative Agent and the Borrowers. "SCHEDULE III BANK" means a bank listed on Schedule III under the Bank Act (Canada).
Schedule II Lender has the meaning specified in Section 1.05 of this Agreement.
Schedule II Lender means any Lender named on Schedule II to the Bank Act (Canada). “Schedule II Reference Lender” means JPMorgan Chase Bank, N.A., Toronto Branch, and any otherSchedule II Lender or Schedule III Lender as may be agreed by the Canadian Borrowers and the Canadian Agent fromtime to time.
Schedule II Lender means any CN Lender named on Schedule II to the Bank Act (Canada).