Total Canadian Commitments definition

Total Canadian Commitments means the Equivalent Amount of U.S.$175,000,000 and includes the Canadian Revolving Facility Commitment, and the Canadian Swingline Commitment and the HSBC Sponsor Commitment which may be increased or decreased as the result of a reallocation made in accordance with Section 6.6 or increased as the result of the Incremental Facility.
Total Canadian Commitments at any time, the aggregate amount of the Canadian Commitments then in effect.
Total Canadian Commitments means the Cdn.$ Equivalent Amount of US$40,000,000 and includes the Canadian Revolving Facility Commitment and the Canadian Swingline Commitment.

Examples of Total Canadian Commitments in a sentence

  • The Borrower may, no more than four (4) times per annum and with thirty (30) days prior written notice, require that the Canadian Administration Agent reallocate, amongst the U.S. and Canadian Lenders, the Total Canadian Commitments and the Total U.S. Commitments.

  • The sum of the Total Domestic Revolving Commitments and the Total Canadian Commitments, as in effect from time to time.

  • With respect to each Lender, such Lender’s Commitment Percentage of the Total Canadian Commitments.

  • The Canadian Payment Agent shall promptly distribute to each Canadian Bank an amount equal to its pro rata share of the amount received from any Canadian Risk Participant to fund its participation in the Canadian Loans of such Canadian Bank, in the same funds as those received by the Canadian Payment Agent, based on such Canadian Bank’s Commitment divided by the Total Canadian Commitments.

  • Each notice requesting an increase in the Total Revolving Commitments or Total Canadian Commitments, as applicable, pursuant to this Section 2.13 shall constitute a certification to the effect set forth in clauses (i) and (ii) of this Section 2.13(f).

  • Pursuant to Section 2.23 of the Credit Agreement, (a) the Total U.S. Commitments are hereby increased from U.S.$300,000,000 to U.S.$325,000,000 and (b) the Total Canadian Commitments from U.S.$100,000,000 to U.S.$175,000,000.

  • Administrative Agent may, in consultation with the Borrower Representative, allocate the additional Revolving Commitments between U.S. Commitments and Canadian Commitments so long as subject to Section 2.9(f) each Lender maintains Canadian Commitments equal to such Lender’s Applicable Percentage of the total U.S. Commitments and U.S. Commitments equal to such Lender’s Applicable Percentage of Total Canadian Commitments.

  • Upon an increase, pursuant to Section 2.13(c), in the Total Revolving Commitments or Total Canadian Commitments, as applicable, the Administrative Agent, with the consent of the Required Facility Lenders in respect of the relevant Facility, may increase the Multi-Currency Sublimit with respect to Canadian Dollars or any or all Multi-Currencies to an amount not in excess of the Total Canadian Commitments or Total Revolving Commitments, as applicable.

  • Borrower has given notice to the Agent of its intention, pursuant to such Section 2.23 and with the consent of the Increasing Lenders, to increase (a) the Total U.S. Commitments from U.S.$300,000,000 to U.S.$325,000,000 and (b) the Total Canadian Commitments from U.S.$100,000,000 to U.S.$175,000,000.