Certain ECA Revenue Sample Clauses
The 'Certain ECA Revenue' clause defines how revenue generated from Export Credit Agency (ECA)-backed transactions is treated under the agreement. Typically, this clause specifies which revenues qualify as ECA revenue, how they are identified, and how they are allocated or reported, often distinguishing them from other types of income. Its core practical function is to ensure clarity and proper accounting for ECA-related revenues, which may be subject to different terms, risk-sharing, or reporting requirements compared to other revenue streams.
Certain ECA Revenue. Unless the Agent shall otherwise consent in writing with respect to any Permitted ECA Financing incurred under Section 6.10(m)(i), 100% of the ECA Revenues Amount for each ECA Project financed by a Permitted ECA Financing incurred under Section 6.10(m)(i) that is then outstanding, to the extent not received by a Loan Party, must be transferred to a Loan Party no later than 60 days following the end of each Fiscal Quarter (or 105 days in the case of the fourth Fiscal Quarter of each Fiscal Year); provided that, notwithstanding the foregoing, no portion of the ECA Revenues Amount shall be required to be so transferred to a Loan Party if such transfer would be prohibited by applicable Law. Notwithstanding the foregoing, this Section 5.13 shall not apply to any Specified ECA Project or Specified ECA Financing.
Certain ECA Revenue. Unless the Agent shall otherwise consent in writing with respect to any Permitted ECA Financing, 100% of the ECA Revenues Amount for each ECA Project financed by a Permitted ECA Financing that is then outstanding, to the extent not received by a Loan Party, must be transferred to a Loan Party no later than 60 days following the end of each Fiscal Quarter (or 105 days in the case of the fourth Fiscal Quarter of each Fiscal Year); provided that, notwithstanding the foregoing, no portion of the ECA Revenues Amount shall be required to be so transferred to a Loan Party if such transfer would be prohibited by applicable Law.