Example ContractsClausesCanadian Security Agreement
Canadian Security Agreement
Canadian Security Agreement contract clause examples

Canadian Security Agreement” shall mean the Canadian Security Agreement, substantially in the form of Exhibit E-22], among each Canadian Subsidiary of the Parent Borrower which is a U.S. Owned Subsidiary, as grantors, and the Canadian Collateral Agent, for the benefit of the Canadian Secured Parties.

"Canadian Security Documents" means each Canadian Security Agreement, each Canadian Guarantee and each other security agreement, deed of hypothec, or other document executed and delivered by any Canadian Credit Party pursuant to which a Lien is granted (or purported to be granted) in favor of Agent to secure the Obligations.

Security Agreement” means that certain # Canadian Security Agreement, # US Security Agreement, # Canadian Intellectual Property Security Agreement, # US Intellectual Property Security Agreement, and # each mortgage/charge in respect of the Mortgaged Properties, each dated as of the Closing Date, by and between certain Obligors and Agent.

Canadian Secured Party” or “Canadian Secured Parties” has the meaning assigned to such term in the Canadian Security Agreement.

"Canadian Security Agreement" means the General Security Agreement (governed by Ontario law) dated as of the Closing Date by and among Agent and each Canadian Credit Party.

Each Canadian Loan Party acknowledges that, pursuant to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-money laundering, anti‑terrorist financing, government sanction and “know your client” Laws, whether within Canada or elsewhere (collectively, including any guidelines or orders thereunder, “AML Legislation”), the Lenders and the Administrative Agent may be required to obtain, verify and record information regarding the Borrowers, their directors, authorized signing officers, direct or indirect shareholders or other Persons in control of such Borrower, and the transactions contemplated hereby. Each Canadian Loan Party shall promptly provide all such information, including supporting documentation and other evidence, as may be reasonably requested by any Lender or the Administrative Agent, or any prospective assign or participant of a Lender or the Administrative Agent, in order to comply with any applicable AML Legislation, whether now or hereafter in existence.

deposits to secure the performance of bids, trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds, letters of credit and other obligations of a like nature, in each case in the ordinary course of business; and

Security Agreements” shall mean, collectively, the U.S. Security Agreement, the Canadian Security Agreement, the Parent Borrower Security Agreement and the Australian Security Deed.

Excluded Collateral” shall mean, with respect to # a U.S. Credit Party, the meaning provided in the U.S. Security Agreement and # a Canadian Credit Party, all assets specifically described in a Canadian Security Agreement as being excluded from the grant of security.

G-2 Canadian Security Agreement

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