Canadian Obligor definition

Canadian Obligor means an Obligor that is incorporated or formed under the laws of the Province of Ontario, Canada.

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Canadian Obligor means an Obligor which (i) if a natural person, is a resident of Canada or (ii) if a corporation or other business organization, is organized under the laws of Canada or any political subdivision thereof, or is a resident of Canada or any political subdivision thereof.

Canadian Obligor means any Obligor that is organized under the laws of Canada or a province or territory thereof.

Examples of Canadian Obligor in a sentence

• Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each Lender agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

• Each Borrower acknowledges that any bond or other similar instrument executed by it or any other Canadian Obligor or U.S. Obligor shall constitute a title of indebtedness as such expression is defined in Article 2692 of the Civil Code of Québec.

• Neither this Agreement nor any provisions hereof may be changed, waived, discharged or terminated, nor may any consent to the departure from the terms hereof be given orally (even if supported by new consideration), but only by an instrument in writing signed by all parties to this Agreement.

• If any Asset Disposition includes the disposition of Eligible Accounts or Eligible Inventory of a U.S. Obligor or Canadian Obligor and a Dominion Trigger Period is in effect, then the applicable Borrower shall apply Net Proceeds with respect to such Asset Disposition consisting of such Accounts or Inventory to repay its Revolver Loans equal to the reduction in the applicable Borrowing Base resulting from the disposition.

• Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each ▇▇▇▇▇▇ agrees that the Agent has no obligation to ascertain the identity of the Canadian Obligors or any authorized signatories of the Canadian Obligors on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Obligor or any such authorized signatory in doing so.

More Definitions of Canadian Obligor

Canadian Obligor means an Obligor incorporated or organized under the laws of Canada.

Canadian Obligor means an Obligor that (i) is not a U.S. Obligor and (ii) is organized in, or has a head office (domicile), registered office and chief executive office located in, Canada.

Canadian Obligor means any Obligor that is a resident of Canada but whose place of employment is located in the United States.

Canadian Obligor means any Obligor that is incorporated or otherwise organized and existing under the laws of Canada or any province or territory thereof.

Canadian Obligor means any Obligor which if a natural person, is a resident of Canada, or if a corporation or other business organization, is organized under the laws of Canada or any other political subdivision thereof and has its chief executive office in Canada.

Canadian Obligor means MicroStrategy Canada Incorporated, an Ontario ---------------- corporation.

Canadian Obligor. As defined in Exhibit A to the Fee Letter.