Canadian Facility Agent definition

Canadian Facility Agent shall have the meaning therefor set forth in the introduction hereto.
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Canadian Facility Agent means Citibank N.A., Canadian Branch in its capacity as facility sub-agent for the Lenders hereunder.
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Canadian Facility Agent means GE Canada Finance Holding Company as agent under the Canadian Facility Loan Documents and any successor in such capacity appointed pursuant to subsection 9.1(G) under the Canadian Facility Credit Agreement.
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Examples of Canadian Facility Agent in a sentence

  • The Canadian Borrower hereby unconditionally promises to pay on the Maturity Date, to the Canadian Facility Agent for the account of each applicable Lender, the face amount of each B/A, if any, accepted by such Lender as provided in Section 2.04.

  • If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then such retiring Agent may, on behalf of the Lenders, appoint a successor Agent, which shall be (i) a bank with an office in London, or an Affiliate of any such bank, for the successor Facility Agent, and (ii) a bank with an office in Toronto, or an Affiliate of any such bank, for the successor Canadian Facility Agent.

  • Upon the acceptance of its appointment as Facility Agent or Canadian Facility Agent hereunder by a successor, as the case may be, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and such retiring Agent shall be discharged from its duties and obligations hereunder.

  • The Canadian Facility Agent may, but shall not be obligated to, debit the amount of any such payment which is not made by such time to any ordinary deposit account, if any, of the Canadian Facility Borrower with the Canadian Facility Agent.

  • The exculpatory provisions of the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of (i) the Facility Agent and any such sub-agent and (ii) the Canadian Facility Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Facility Agent and Canadian Facility Agent, respectively.

  • To request a Revolving Borrowing, the applicable Borrower shall notify the Facility Agent (and in the case of a Canadian Revolving Borrowing, the Canadian Facility Agent) in writing of such request by hand delivery or telecopy not later than 11:00 a.m., London time, three Business Days before the date of the proposed Borrowing.

  • The Canadian Facility Borrower shall give the Canadian Facility Agent prior telephonic notice of any payment of principal, such notice to be given by not later than 10:00 A.M. (Toronto, Canada time) one (1) Business Day prior to the date of such payment.

  • Upon receipt of such notice, the Canadian Facility Agent shall confirm the aggregate outstanding principal amount of all Canadian Swing Line Loans at such time with the Canadian Swing Line Lender.

  • All such payments shall be made to the Facility Agent at its offices in London or, in the case of payments to be made by the Canadian Borrower, to the Canadian Facility Agent at its offices in Toronto.

  • Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than U.S. Dollars or Canadian Dollars) for purposes of the Loan Documents shall be such U.S. Dollar Equivalent or Canadian Dollar Equivalent amount as so determined by the Administrative Agent, the Canadian Facility Agent or the applicable L/C Issuer, as applicable.


More Definitions of Canadian Facility Agent

Canadian Facility Agent means Scotiabank when acting in its capacity as facility agent in respect of Advances to and payments or repayments by Celestica or any Canadian Designated Subsidiary;
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Canadian Facility Agent means Scotiabank in its capacity as Canadian administrative agent under any of the Loan Documents, or any successor Canadian administrative agent.
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Canadian Facility Agent as used in the definition of “Agent-Related Person” included such additional Persons with respect to such acts or omissions.
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Canadian Facility Agent means any such successor Canadian agent and Canadian Swing Line Lender, and the retiring Canadian Facility Agent’s appointment, powers and duties as Canadian Facility Agent and the retiring Canadian Swing Line Lender’s rights, powers and duties as such shall be terminated, without any other or further act or deed on the part of any other Lender or the Canadian Swing Line Lender; and (iii) the respective terms “Administrative Agent,” “L/C Issuer” and “U.S. Swing Line Lender” shall mean any such successor administrative agent, Letter of Credit issuer and U.S. Swing Line lender, and the retiring Administrative Agent’s appointment, powers and duties as Administrative Agent shall be terminated and the retiring L/C Issuer’s and U.S. Swing Line Lender’s rights, powers and duties as such shall be terminated, without any other or further act or deed on the part of such retiring L/C Issuer or U.S. Swing Line Lender or any other Lender, other than the obligation of the successor L/C Issuer to issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or to make other arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. After any retiring Agent’s resignation hereunder as Agent, the provisions of this Article IX and Sections 10.04 and 10.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement. If no successor administrative agent has accepted appointment as Administrative Agent by the date which is 30 days following a retiring Administrative Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of the Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided for above; and if no successor Canadian agent has accepted appointment as Canadian Facility Agent by the date which is 30 days following a retiring Canadian Facility Agent’s notice of resignation, the retiring Canadian Facility Agent’s resignation shall nevertheless thereupon become effective and the Tranche 2 Lenders shall perform all of the duties of the Canadian Facility Agent hereunder until such time, if any, as the Required Tranche 2 Lenders appoint a successor agent as provided for above. Notwithstanding t...
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Related to Canadian Facility Agent

  • Canadian Facility means, at any time, the aggregate amount of the Canadian Commitments at such time.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Facility Agent has the meaning set forth in the Preamble.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Exit Facility Agent means the agent under the Exit Facility.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Canadian Revolving Loans means Revolving Loans made to the Canadian Borrower under Section 2.2, including Bankers’ Acceptance Advances.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.