Bank Guarantee Facility definition

Bank Guarantee Facility means a facility accorded to any exporter or importer to export or import any goods on the basis of bank guarantee.
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Bank Guarantee Facility means a facility entered into by a bank or other financial institution for the issuance of one or more Bank Guarantees.
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Bank Guarantee Facility means the bank guarantee facility (as amended from time to time including by the Amendment and Restatement Deed dated October 2, 2023) between the Company and National Australia Bank Limited disclosed in the Data Room (including in connection with the bank guarantee issued by National Australia Bank Limited with a face value of $278,624.00 in respect of the leased premises at Levels 2 and 3, 500 Xxxxxxxx Xxxxxx, Xxxxxxx XXX 0000).
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Examples of Bank Guarantee Facility in a sentence

  • If we pay any amount to a beneficiary in a foreign currency, for the purposes of calculating the amount in Australian Dollars for which you indemnify us under clause 3 of these Specific Conditions – Bank Guarantee Facility, the foreign currency amount is to be converted to Australian Dollars at the spot rate of exchange quoted by us on the day we make the payment to the beneficiary.

  • Clauses 2 to 14 (inclusive) of these Specific Conditions - Bank Guarantee Facility apply to any bank guarantee facility.

  • As used herein: (A) “Relevant Date” means (i) with respect to each Indigo Bank Guarantee Facility other than the IATA Bank Guarantee, the date falling 60 days after the Closing Date and (ii) with respect to the IATA Bank Guarantee, June 30, 2017.

  • Bank Guarantee Facility the Multi-Currency Facility Agreement dated 15 March 2018 between the EMG Borrower, the EMG Guarantors, EMG Fund IV GP, LP, EMG Fund IV Management, LP and Australia and New Zealand Banking Group Limited.

  • Without derogating from the provisions of Sections 18.8 and 18.9 of the Credit Agreement, commencing from the date of execution of this Amendment, the amount of the Bank Guarantee Facility that each of the Lenders allocated shall be amended such that the total Bank Guarantee Facilities that shall be allocated by all of the Lenders together shall increase by an amount of 15 million US dollars.

  • We refer to the Revolving Bank Guarantee Facility of up to SGD666,000 ("the Facility") granted under our Facility Letter of 24 December 2001 as amended by our Amendment Letters dated 15 February 2002 and 20 June 2002 (hereinafter collectively called the "the Facility Letter") and the Charge Over Cash Deposits (First Party) document dated 2 January 2002.

  • We refer to the Revolving Bank Guarantee Facility of up to SGD666,000/- ("the Facility") granted under our Facility Letter of 24 December 2001 as amended by our Amendment Letters dated 15 February 2002, 20 June 2002 and 22 October 2002 (hereinafter collectively called the "the Facility Letter") and the Charge Over Cash Deposits (First Party) document dated 2 January 2002.

  • Directors need not be residents of the State of Texas -------------- or shareholders of the Company.

  • Additionally, and without derogating from the provisions of Sections 18.8 and 18.9 of the Credit Agreement, commencing from the date of execution of this Amendment, the amount of the Bank Guarantee Facility that each of the Lenders allocated shall be amended such that the total Bank Guarantee Facilities that shall be allocated by all of the Lenders together shall increase by an amount of 10 million US dollars.

  • Bank Guarantee Facility Westpac Banking Corporation ACI Operations Pty.


More Definitions of Bank Guarantee Facility

Bank Guarantee Facility means the facility described in ARTICLE IIIA hereof providing for the issuance by the Applicable Bank Guarantee Issuer for the account of a UK Facility Borrower of Bank Guarantees in an aggregate amount at any time outstanding not to exceed the Total Bank Guarantee Commitment minus outstanding Reimbursement Obligations arising from Bank Guarantees.
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Bank Guarantee Facility means the Facility described as such in schedule 2 and granted pursuant to clause 4.1(a)(iii).
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Related to Bank Guarantee Facility

  • Bank Guarantee means an irrevocable and unconditional undertaking by a trading bank approved by the Council to pay the Development Contribution amount on demand without an expiry or end date and containing terms and conditions acceptable to Council and in accordance with clause 9 of this Agreement;

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Overdraft Facility or ‘Facility’ means an authorised debit balance that may be offered to you at our discretion from time to time allowing your Account to go overdrawn up to an agreed Overdraft Limit.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.