Canadian Obligors definition

Canadian Obligors means the Canadian Borrowers and the Canadian Guarantors.

Canadian Obligors. An Obligor who has agreed to pay for a Receivable at a location in Canada.

Canadian Obligors means the Canadian Borrower and the Canadian Guarantors.

Examples of Canadian Obligors in a sentence

• Any amount specified in this Agreement or any of the other Loan Documents to be in Dollars shall also include the equivalent of such amount in any currency other than Dollars to the extent necessary to give effect to the intent, where applicable, that this Agreement apply to Canadian Obligors, such equivalent amount thereof in the applicable currency to be determined by the Agent at such time on the basis of the Spot Rate for the purchase of such currency with Dollars.

• It is understood that all of the invoices in respect of the Receivables with Canadian Obligors of the Sellers under the Receivables Purchase Agreement will bear the GST registration number of such Seller.

• The budget should detail indirect expenses and show the relationship of direct labor (or other indirect expense allocation bases) to sales projections.

• We have not maintained or, for the purposes of this opinion, reviewed the minute books or the other records of the Canadian Obligors.

• The Servicer will, and will cause each Originator to, at all times, instruct all Obligors to deliver payments on the Pool Receivables to a Lock-Box Account, a Lock-Box or, solely with respect to Canadian Obligors, to the Canadian Collection Account, a Lock-Box Account or a Lock-Box.

More Definitions of Canadian Obligors

Canadian Obligors means 3045207 Nova Scotia Company, a company organized under the laws of Nova Scotia, 1423280 Ontario Inc., a company organized under the laws of Ontario, and FutureLink Canada Corp., a company organized under the laws of Ontario.

Canadian Obligors means any Borrower or Loan Party Obligor organized under the laws of Canada or any province thereof.

Canadian Obligors means the Canadian Borrowers and the Canadian Guarantors. “Canadian Participation Settlement” has the meaning specified in Section 13.17(b). “Canadian Participation Settlement Amount” has the meaning specified in Section 13.17(b). “Canadian Participation Settlement Date” has the meaning specified in Section 13.17(b). “Canadian Participation Settlement Period” has the meaning specified in Section 13.17(b).

Canadian Obligors means Peregrine Systems of Canada, Inc., a corporation organized under the laws of Canada, Peregrine Nova Scotia Company, a Nova Scotia -4- unlimited liability company, Peregrine Systems Ltd., a corporation organized under the laws of Ontario, Harbinger Canada Corp., a corporation organized under the laws of Canada, Peregrine Ottawa Nova Scotia Company, a Nova Scotia unlimited liability company, Peregrine Networks Canada Inc., a corporation organized under the laws of Canada, Xxxxx International Technologies Inc., a corporation organized under the laws of Canada, Xxxxx Network Systems Inc., a corporation organized under the laws of Canada, Remedy Canada Ltd., a corporation organized under the laws of Ontario, Extricity (Canada) Corp., a Nova Scotia unlimited liability company and "CANADIAN OBLIGOR" means any one of them.

Canadian Obligors means each Obligor who is a resident of ----------------- Canada.

Canadian Obligors means the Obligors formed in Canada (including LMRK DI CAN-RO Holdings Ltd. and any Additional Asset Entity formed in Canada).

Canadian Obligors means the Canadian Loan Parties and the U.S. Obligors. Canadian Out-of-Formula Condition – has the meaning set forth in Section 2.5.2 of this Agreement. Canadian Out-of-Formula Loan – means a Canadian Revolver Loan made or existing when a Canadian Out-of-Formula Condition exists or the amount of any Canadian Revolver Loan which, when funded, results in a Canadian Out-of-Formula Condition.