Examples of Total Canadian Outstandings in a sentence
The DI theory has been shown in previous studies such as the one by Kamau (2014) to allow the researcher to study how an innovation is taken up in a society and to understand influences related to the implementation of technology.
A carrier will therefore argue that the answer to this question is no, claiming that: • an L/C number is not a declaration of the nature and value of the goods, as per the Rules formulation• the actual value of the goods will be found in the L/C itself, so this is not a value inserted in the bill of lading.
No prepayment of Loans is required pursuant to this Section 2.14 or Section 2.05 in the event that the Total Outstandings exceed the Aggregate Commitments by $3,000,000 or less, or the Total Canadian Outstandings exceed the Aggregate Canadian Commitments by $3,000,000 or less, in either event solely due to a change in applicable rates of exchange between Dollars and Canadian Dollars.
Notwithstanding any other provision of this Agreement, Administrative Agent shall have the right at any time and from time to time to calculate the Total Canadian Outstandings at the US Dollar Equivalent thereof in US Dollars for any purposes including making a determination from time to time of the available undrawn portion of the Aggregate Canadian Commitments.
Notwithstanding any other provision of this Agreement, the Administrative Agent shall have the right at any time and from time to time to calculate the Total Canadian Outstandings at the US Dollar Equivalent thereof in US Dollars for any purposes, including making a determination from time to time of the available undrawn portion of the Aggregate Canadian Commitments.
If the Total Canadian Outstandings exceed the Canadian Borrowing Base (“Canadian Overadvance”) at any time, the excess amount shall be payable by Canadian Borrower on demand by Canadian Agent, but all such Canadian Loans shall nevertheless constitute Canadian Obligations secured by the applicable Collateral and entitled to all benefits of the Loan Documents.
If on any date the Dollar Equivalent of the Total Canadian Outstandings exceeds 105% of the Aggregate Canadian Commitment, then the Canadian Borrower will promptly (and in any event within one Business Day), prepay Canadian Loans and/or Cash Collateralize Canadian Banker’s Acceptances and BA Equivalent Notes in an aggregate amount sufficient to cause the Dollar Equivalent of the Total Canadian Outstandings to be equal to or less than the Aggregate Canadian Commitment.
Such notice shall also attach a schedule setting forth the Total Outstandings at such time including a breakdown of the Total U.S. Revolver Outstandings and the Total Canadian Outstandings.
Such cash collateral shall be released to the applicable Canadian Borrower from time to time in minimum amounts of US $100,000 to the extent such releases will not result in the non-Cash Collateralized Total Canadian Outstandings exceeding the Aggregate Canadian Commitments.
In no event shall Overadvance Loans be required that would cause (1) the Total U.S. Revolver Outstandings to exceed the Aggregate U.S. Revolver Commitments and (2) the Total Canadian Outstandings to exceed the Aggregate Canadian Commitments.