Canadian Advances. The Canadian Borrower hereby unconditionally promises to pay to the Canadian Administrative Agent for the account of and ratable benefit of each Canadian Lender the aggregate outstanding principal amount of all Canadian Advances on the Maturity Date.
Canadian Advances. (i) Each Canadian Lender agrees, for itself only, subject to the terms and conditions of this Agreement, to make Canadian Advances to the Borrowing Subsidiaries pursuant to Section 2.4, from time to time from and including the Effective Date to be excluding the Termination Date, not to exceed an aggregate principal amount at any time outstanding to the Borrowing Subsidiaries the respective amounts determined pursuant to Section 2.1(d).
Canadian Advances. Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Canadian Revolving Lender agrees (severally, not jointly or jointly and severally) to make revolving loans (“Canadian Advances”) denominated in Canadian Dollars, U.S. Dollars or any other freely transferable currency approved by the Canadian Revolving Lenders, the Administrative Agent and, in respect of Letters of Credit, the Canadian Issuing Banks in accordance with Section 1.5, at the election of the Canadian Borrowers, to the Canadian Borrowers in an amount at any one time outstanding, but subject to Section 1.7(e) not to exceed the lesser of: (i) such Canadian Revolving Lender’s Canadian Revolving Commitment, and (ii) such Canadian Revolving Lender’s Pro Rata Share of an amount equal to: (A) the Canadian Loan Cap, less (B) the Canadian Letter of Credit Usage at such time, less (C) the principal amount of Canadian Swingline Loans outstanding at such time.
Canadian Advances. Each Canadian Lender severally agrees, on the terms and conditions hereinafter set forth, to make Canadian Prime Rate Advances in Canadian Dollars and Base Rate Advances or Eurocurrency Rate Advances in US Dollars to any Canadian Borrower from time to time on any Business Day during the period from the Restatement Date until the Termination Date in an amount for each such Advance (determined by reference to the Equivalent thereof in Canadian Dollars on the Business Day such Advance is made) not to exceed such Lender’s Unused Canadian Commitment at such time. Each Canadian Borrowing under this Section 2.1(b) shall be in an aggregate amount of not less than CN$10,000,000 or US$10,000,000, as the case may be, or an integral multiple of CN$1,000,000 or US$1,000,000, as the case may be, in excess thereof and shall consist of Canadian Advances made on the same day and of the same Type by the Canadian Lenders ratably according to their respective Canadian Commitments. Within the limits of each Canadian Lender’s Unused Canadian Commitment in effect from time to time, the Canadian Borrowers may borrow under this Section 2.1(b), prepay pursuant to Section 2.11 and reborrow under this Section 2.1(b).
Canadian Advances. (i) Subject to the terms and conditions hereof, Canadian Lender agrees to make available to Borrowers, from time to time until the Commitment Termination Date, advances of the First Funded Revolving Loan or the Revolving Loan in Canadian dollars (each, a “Canadian Advance”); provided, however, Borrowers shall not request, and Canadian Lender shall have no obligation to make, any Canadian Advances under the Revolving Loan to Borrowers at any time First Funded Revolver Borrowing Availability exists hereunder. The Pro Rata Share of the First Funded Revolving Loan or the Revolving Loan of any Lender shall not at any time exceed its separate First Funded Revolving Loan Commitment or Revolving Loan Commitment, as the case may be. The obligations of each Lender hereunder shall be several and not joint. Until the Commitment Termination Date, Borrowers may borrow, repay and reborrow under this Section 1.1(d); provided that the amount of any Canadian Advance to be made at any time shall not exceed First Funded Revolver Borrowing Availability or Revolver Borrowing Availability (as the case may be) at such time; and provided, further, the aggregate outstanding amount of Canadian Advances shall not exceed the Canadian Sublimit at any time. Each Canadian Advance shall be made on notice by Borrower Representative on behalf of the Borrowers to one of the representatives of Canadian Lender identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than 1:00 p.m. (New York time) on the Business Day of the proposed Canadian Advance. Each such notice (a “Notice of Canadian Advance”) must be given in writing (by telecopy or overnight courier, or by telephone to be confirmed in writing on the same Business Day) substantially in the form of Exhibit 1.1(d)(i), and shall include the information required in such Exhibit and such other information as may be reasonably required by Canadian Lender. If Borrowers desire to have a Canadian Advance advanced as a BA Rate Loan, it must comply with Section 1.5(e)(ii).
Canadian Advances. (A) A rate per annum equal at all times to the sum of (1) the Canadian Prime Rate in effect from time to time plus (2) the Applicable Margin for Canadian Advances in effect from time to time, payable in arrears quarterly on the last Business Day of each March, June, September and December during such periods, on the date such Canadian Advance shall be Converted, on the date of any repayment thereof pursuant to Section 2.04, on the date of any prepayment thereof to the extent required under Section 2.06 and on the Termination Date.
Canadian Advances. With respect to all Canadian Advances only:
Canadian Advances. Canadian Loans that are Floating Rate Advances shall continue as Floating Rate Advances unless and until such Floating Rate Advances are converted into BA Rate Advances. Each BA Rate Advance shall continue as a BA Rate Advance until the end of the then applicable Interest Period therefor, at which time such BA Rate Advance shall be automatically converted into a Floating Rate Advance unless the applicable Canadian Borrower shall have given the Agent a Conversion/Continuation Notice requesting that, at the end of such Interest Period, such BA Rate Advance either continue as a BA Rate Advance for the same or another Interest Period or be converted into a Floating Rate Advance. Subject to the terms hereof, a Canadian Borrower may elect from time to time to convert all or any part of a Advance of any Type to such Canadian Borrower into any other Type or Types of Advance; provided that any conversion of any BA Rate Advance shall be made on, and only on, the last day of the Interest Period applicable thereto. The Canadian Borrower shall give the Agent irrevocable notice (a "Conversion/Continuation Notice") of each conversion of an Advance or continuation of a BA Rate Advance not later than 10:00 a.m. (Toronto time) at least one Business Day (or such other time agreed to by all the Canadian Lenders and the Canadian Borrowers), in the case of a conversion into a Floating Rate Advance, or three Business Days (or such other time agreed to by all the Canadian Lenders and the Canadian Borrowers), in the case of a conversion into or continuation of a BA Rate Advance, prior to the date of the requested conversion or continuation, specifying: the requested date, which shall be a Business Day, of such conversion or continuation, the aggregate amount and Type of the Advance which is to be converted or continued, and the amounts and Type(s) of Advance(s) into which such Advance is to be converted or continued and, in the case of a conversion into or continuation of a BA Rate Advance, the duration of the Interest Period applicable thereto. 2.8
Canadian Advances. The Canadian Borrower may prepay the principal of any Canadian Advance at any time in whole or in part. Any amounts prepaid may be reborrowed.
Canadian Advances. (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Canadian Lender agrees to make revolving loans (“Canadian Advances”) to any Canadian Borrower in an amount at any one time outstanding not to exceed the lesser of:
