Foreign Vendor definition

Foreign Vendor means a Person that sells In-Transit Inventory to a Borrower.

Foreign Vendor means a Person that sells In-Transit Inventory to a Loan Party.

Foreign Vendor means a Person that sells Inventory to Borrowers and which Person is located in a country other than the United States.

Examples of Foreign Vendor in a sentence

• As such, Foreign Vendor needs to make necessary arrangements for issuance of Counter- Guarantee by Foreign Bank in favour of the Indian Bank’s (BHEL’s Consortium Bank) branch in India.

• It is advisable that all charges for issuance of Bank Guarantee/ counter- Guarantee should be borne by the Foreign Vendor.

• It shall be noted that all charges for issuance of Bank Guarantee/ counter- Guarantee should be borne by the Foreign Vendor.

• As such, Foreign Vendor needs to make necessary arrangements for issuance of Counter - Guarantee by Foreign Bank in favour of thecounter- Guarantee should be borne by the Foreign Vendor.

• In case of specific percentage of advance payment is required, the Foreign Vendor has to submit a Bank Guarantee equal to the amount of advance payment and it should be routed through the Beneficiary Bank to the end user Bank.

More Definitions of Foreign Vendor

Foreign Vendor means a Person that sells Inventory to a Borrower.

Foreign Vendor has the meaning set forth in the Recitals to this Agreement.

Foreign Vendor means a Person that sells In-Transit Inventory to a Borrower. “Foreign Vendor Agreement” means an agreement between a Foreign Vendor and the Agent in form and substance satisfactory to the Agent and pursuant to which, among other things, the parties shall agree upon their relative rights with respect to In-Transit Inventory of a Borrower purchased from such Foreign Vendor. - 30- 6245414.1

Foreign Vendor means a person outside Barbados who sells goods or services online for delivery to a person in Barbados or for consumption or use by a person in Barbados and includes persons selling on platforms such as Amazon and Ebay;

Foreign Vendor means a Person that sells In-Transit Inventory to a Loan Party. “FRB” means the Board of Governors of the Federal Reserve System of the United States. “Fronting Exposure” means, at any time there is a Defaulting Lender that is a Revolving Lender, (a) with respect to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Revolving Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline

Foreign Vendor means an incorporated concern not incorporated in the United States or an unincorporated concern having its principal place of business outside the United States.

Foreign Vendor means a Person that sells In-Transit Inventory to a Loan Party. “Foreign Vendor Agreement” means an agreement between a Foreign Vendor and the Agent in form and substance satisfactory to the Agent and pursuant to which, among other things, the parties shall agree upon their relative rights with respect to In-Transit Inventory of a Loan Party purchased from such Foreign Vendor. “FRB” means the Board of Governors of the Federal Reserve System of the United States. “FSHCO” means any Subsidiary substantially all of the assets of which consist of (a) Equity Interests of one or more CFCs or other entities that are described in this definition (or are treated as consisting of such assets for U.S. federal income tax purposes) and/or (b) any Indebtedness that is treated as equity for U.S. federal income tax purposes owed by any CFC or other entity that is described in this definition, or treated as owed by any such entity for U.S. federal income tax purposes. “GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the 00