ECA Financing definition

ECA Financing means any Indebtedness including Indebtedness owing to or otherwise supported by any export credit agency, in each case, which was incurred by the Borrower and/or its Subsidiaries to finance (i) the acquisition (by purchase, lease or otherwise) construction or improvement of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $300.0 million and/or (ii) certain services in connection with the launch of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $500.0 million.
ECA Financing means any financing provided or supported by one or more government export credit agencies.
ECA Financing means any subsidized financing of the acquisition of Airbus Industrie aircraft, the repayment obligations of which will be supported by guaranties issued by certain European government export credit agencies (the European Credit Agency Export Finance Program) and a Company Guaranty and a pledge of the assets of (including any rights to or interests in any reserve or security deposit held by) each such Wholly-owned Subsidiary.

Examples of ECA Financing in a sentence

  • The proceeds of the Debt Bridge Facility and the NROCC Promissory Note were used to repay the Company’s outstanding ECA Financing.

  • Notwithstanding the foregoing, this Section 5.13 shall not apply to any Specified ECA Project or Specified ECA Financing.

  • Notwithstanding the foregoing or anything to the contrary contained elsewhere in this Agreement, the lender or collateral agent with respect to any ECA Financing may be named as additional insured, mortgagee or loss payee with respect to any insurance covering ECA Collateral which insurance shall not be required to be in accordance with or subject to the terms of this Section 9.3.

  • The Company intends to make an application for ECA Financing forthwith.Current trading conditions are satisfactory with the cost of finance being reduced and the Avation group successfully reducing or repaying higher cost debt facilities.

  • The letters of offer can be extended to 18 months if there is a firm commitment and commitment fees are paid.86 Benefits of ECA Financing ECA-backed financing offers wide-ranging benefits: • Governments benefit from greater export flows.


More Definitions of ECA Financing

ECA Financing means any Indebtedness including Indebtedness owing to or otherwise supported by any export credit agency, in each case, which was incurred by the Borrower and/or its Subsidiaries prior to the Signing Date and set forth on Schedule 1.1(A) to finance (i) the acquisition (by purchase, lease or otherwise) construction or improvement of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $300.0 million and/or (ii) certain services in connection with the launch of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $500.0 million.
ECA Financing means any financing arrangement pursuant to which one or more ECA Guarantor provides guarantees or other credit support (including but not limited to a sale and leaseback transaction or bareboat charter or lease or an arrangement whereby a Vessel under construction is pledged as collateral to secure the indebtedness of a shipbuilder, and, for the avoidance of doubt, committed but undrawn export credit agency facilities), entered into by the Borrower or a Subsidiary for the purpose of financing or refinancing all or any part of the purchase price, cost of design or construction of a Vessel or Vessels or the acquisition of Equity Interests of entities owning, or to own, Vessels.
ECA Financing has the meaning given to it in the form of Novated Credit Agreement.
ECA Financing means any Indebtedness including Indebtedness owing to or otherwise supported by any export credit agency, in each case, which was incurred by the Issuer and/or its Subsidiaries to finance (i) the acquisition (by purchase, lease or otherwise) construction or improvement of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $300.0 million and/or (ii) certain services in connection with the launch of a Satellite in an aggregate principal amount, at any time outstanding, not to exceed $500.0 million.
ECA Financing means a financing provided or guaranteed by any ECA.
ECA Financing means the ECA-supported financings described on the Refinancing Eligible Debt Schedule.
ECA Financing has the meaning given to such term in the form of the amended and restated Facility Agreement set out in Schedule 3.