Canadian Subsidiary Borrower definition

Canadian Subsidiary Borrower means any Wholly-Owned Subsidiary that becomes a Canadian Subsidiary Borrower pursuant to Section 2.24 and that has not ceased to be a Canadian Subsidiary Borrower pursuant to such Section.
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Canadian Subsidiary Borrower means Scotts Canada Ltd. or any other Foreign Subsidiary Borrower organized under the laws of Canada and designated as such by the Borrower in a notice to the Administrative Agent, which shall notify each Canadian Lender thereof.
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Canadian Subsidiary Borrower means Uniplast Industries Co., a Nova Scotia corporation.
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Examples of Canadian Subsidiary Borrower in a sentence

  • Notwithstanding the preceding sentence,no Canadian Borrowing Subsidiary Termination will become effective as to any Canadian Subsidiary Borrower at a time when any principal of or interest on any Loan to such Borrower shall be outstanding hereunder, provided that such Canadian Borrowing Subsidiary Termination shall be effective to terminate the right of such Canadian Subsidiary Borrower to make further Borrowings under this Agreement.

  • Subject to the provisions of Article VII, upon the Termination Date or upon the maturity (whether by acceleration or otherwise) of any of the Obligations under this Agreement or any other Loan Documents of the Parent Borrower, the Canadian Subsidiary Borrower and the other Loan Guarantors, the Lenders shall be entitled to immediate payment of such Obligations without further application to or order of the Bankruptcy Court or the Canadian Court.


More Definitions of Canadian Subsidiary Borrower

Canadian Subsidiary Borrower means Xxxxxxx River Laboratories Preclinical Services Montreal Inc., a Quebec corporation.
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Canadian Subsidiary Borrower has the meaning set out in the recitals hereto.
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Canadian Subsidiary Borrower means any Canadian Subsidiary of the Parent Borrower designated as a Canadian Subsidiary Borrower by the Parent Borrower pursuant to SECTION 2.16 that has not ceased to be a Canadian Subsidiary Borrower pursuant to such Section. "CANADIAN SWINGLINE COMMITMENT" means the agreement of the Canadian Swingline Lender to make Loans pursuant to SECTION 2.01(d). "CANADIAN SWINGLINE COMMITTED AMOUNT" means US$15,000,000 (or such other amount not in excess of US$15,000,000) as the Parent Borrower and the Canadian Swingline Lender may agree from time to time), as such Canadian Swingline Committed Amount may be reduced pursuant to SECTION 2.11.
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Canadian Subsidiary Borrower has the meaning assigned to such term in the preamble to this Agreement, provided that, upon the amalgamation of 6461948 Canada Inc. with the Canadian Company, the entity resulting from such amalgamation (which shall be named “Indalex Limited”) shall become the Canadian Subsidiary Borrower for all purposes hereunder and under the other Loan Documents.
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Canadian Subsidiary Borrower has the meaning assigned to such term in the preamble to this Agreement.
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Canadian Subsidiary Borrower means Pliant Corporation of Canada Ltd., a limited liability company organized under the laws of Ontario.
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Related to Canadian Subsidiary Borrower

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Foreign Subsidiary Borrower means any Eligible Foreign Subsidiary that becomes a Foreign Subsidiary Borrower pursuant to Section 2.23 and that has not ceased to be a Foreign Subsidiary Borrower pursuant to such Section.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Borrower as defined in the preamble hereto.

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

  • Foreign Borrower has the meaning specified in the introductory paragraph hereto.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • German Borrower means a Borrower incorporated in Germany.

  • Domestic Credit Party means any Credit Party which is incorporated or organized under the laws of any State of the United States or the District of Columbia.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Canadian Subsidiary Guarantor each Canadian Subsidiary of any Canadian Borrower which executes and delivers the Canadian Guarantee and Collateral Agreement, in each case, unless and until such time as the respective Canadian Subsidiary Guarantor ceases to constitute a Canadian Subsidiary of the Parent Borrower or is released from all of its obligations under the Canadian Guarantee and Collateral Agreement in accordance with the terms and provisions thereof.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.