Canadian Credit Facility definition

Canadian Credit Facility means that certain revolving credit facility established pursuant to the Canadian Credit Agreement.
Canadian Credit Facility means that certain Amended and Restated Canadian Credit Agreement, dated as of December 22, 2011, as amended, supplemented, restated, or modified to date.

Examples of Canadian Credit Facility in a sentence

  • Subject to Section 2.18, the Outstanding Principal under a given Canadian Credit Facility shall not exceed the maximum principal amount of such Canadian Credit Facility.

  • Any Lender, upon becoming entitled to be paid such costs, losses, premiums and expenses, shall, in respect of a Canadian Credit Facility, deliver to the relevant Canadian Borrower and the Agent, or, in respect of a U.S. Credit Facility, deliver to the U.S. Borrower and the Agent, a certificate of such Lender certifying as to such amounts and, in the absence of manifest error, such certificate shall be conclusive and binding for all purposes.


More Definitions of Canadian Credit Facility

Canadian Credit Facility shall have the meaning given to such term in SECTION 2.26.
Canadian Credit Facility means (a) a working capital credit facility for Louisiana-Pacific Canada Ltd. from Royal Bank of Canada in the principal amount of $25,000,000 (Canadian); and (b) a credit line up to $35,000,000 (Canadian) for Louisiana-Pacific Canada Ltd., and its Subsidiaries, from Royal Bank of Canada to cover principal, interest, overdrafts, fees and Swap Termination Values, and transaction risk (including, but not limited to electronic funds transfer and payment distribution services); each backed by a guarantee by the Borrower, guarantees by the Subsidiaries of Louisiana-Pacific Canada Ltd., Liens upon the accounts receivable and inventory of Louisiana-Pacific Canada Ltd. and its Subsidiaries, and any refinancing, refunding, renewal or extension thereof, provided that the amount of Indebtedness thereunder is not increased at the time of such refinancing, refunding, renewal or extension except by an amount equal to a reasonable premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing and by an amount equal to any existing commitments unutilized thereunder.
Canadian Credit Facility means any one of such credit facilities.
Canadian Credit Facility means a secured asset-based revolving credit facility which may be provided to one or more Canadian Subsidiaries of the Company.
Canadian Credit Facility means that certain credit facility ------------------------ of Aviall (Canada) Ltd. for an aggregate amount of up to 6,000,000 Canadian dollars.
Canadian Credit Facility means the Loan Agreement, added as of August 8, 1997, between Cluett Peabody Canada Inc. and Congress Financial Corporation (Canada). The term "Canadian Credit Facility" shall include any amendment, amendment and restatement, renewal, extension, restructuring, supplement or modification to the Canadian Credit Facility and all refundings, refinancings and replacements of the Canadian Credit Facility, including any agreement (i) extending the maturity of any Indebtedness incurred thereunder or contemplated thereby, (ii) adding or deleting borrowers or guarantors thereunder, so long as the borrowers and issuers thereunder include one or more of the Company and its Subsidiaries and their respective successors and assigns, or (iii) increasing the amount of Indebtedness incurred thereunder or available to be borrowed thereunder.
Canadian Credit Facility means any revolving credit facility between or among PHH Vehicle Management Services Inc., a Canadian subsidiary of the Borrower, The Bank of Nova Scotia, the other lenders party thereto and any other parties thereto, as approved by the Lenders and whose assets are excluded from the Borrowing Base.