the Ottawa Convention Centre Corporation (the “OCC”) requires a line of credit for operational purposes

O.C. 1162/2016

Ontario — Orders in Council

the Ottawa Convention Centre Corporation (the “OCC”) requires a line of credit for operational purposes

O.C. 1162/2016

Ontario — Orders in Council

id="main-content">

Order in Council 1162/2016

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

whereas the Ottawa Convention Centre Corporation (the “OCC”) requires a line of credit for operational purposes;

the borrowing by the OCC for operational purposes from time to time upon its own credit in an aggregate principal amount not to exceed Three Million Dollars ($3,000,000.00) in lawful money of Canada outstanding at any one time to be repaid in full no later than March 31, 2018; and

the charging or mortgaging by the OCC of all or any of its currently owned or subsequently acquired personal property to secure some or all of the borrowing contemplated in (

a) above.

Ministry of Tourism, Culture and Sport

Approved and Ordered:

July 20, 2016

Updated: June 29, 2022

Published: January 03, 2017

Document details

CollectionOntario — Orders in Council
CitationO.C. 1162/2016
Typeorder_in_council
Volume / chapteroc-11622016
Languageen
Formathtml
SourcePROVINCIAL
Identifieraee4d840f23361be1f365df2e20899e84497b811

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