EDC Agreements definition

EDC Agreements means any of the instruments, documents or agreements listed in the EDC Agreement List, and such other instruments, documents or agreements as may have heretofore been executed or may hereafter be executed with respect to the Small Bonds Facility and the General Support Facility (including for greater certainty and without limitation with respect to the Small Bonds Facility, the Receivables Bonding Facility and the General Support Facility as such terms were defined in the Original Agreement), in each case from time to time on or after the date of the Original Agreement and while this Agreement is in effect (including, for greater certainty, the Indemnity Agreements), in every case as such may be amended, supplemented and restated from time to time.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

EDC Agreements means any of the instruments, documents or agreements listed in the EDC Agreement List, and such instruments, documents or agreements as may be executed with respect to the Small Bonds Facility, the Receivables Bonding Facility and the General Support Facility, in each case from time to time on or after the date of this Agreement and while this Agreement is in effect (including, for greater certainty, the Indemnity Agreements) (in every case as such may be amended, supplemented and restated from time to time).

Examples of EDC Agreements in a sentence

• This Agreement shall terminate on the later of (i) the Termination Date and (ii) the date on which all obligations in respect of any outstanding Support and any EDC Agreements shall have been satisfied in their entirety; provided, however, that no such termination shall affect any agreements hereunder which are intended to survive any such termination, including without limitation Sections 7.3, 7.6, 7.7 and 7.9) hereof or any indemnity, guarantee or reimbursement obligations under any Indemnity Agreements.

• The Principal agrees that it shall pay to EDC such fees as may be required under the terms and conditions of any of the EDC Agreements and the Principal further acknowledges that, notwithstanding any stipulation to the effect that a fee is payable to EDC by a third party under any of the EDC Agreements, the Principal may, pursuant to an agreement with such third party or with EDC, be liable for the payment of such fee.

• In addition the Principal agrees that it shall pay to EDC such fees as may be required under the terms and conditions of any of the EDC Agreements and the Principal further acknowledges that, notwithstanding any stipulation to the effect that a fee is payable to EDC by a third party under any of the EDC Agreements, the Principal may, pursuant to an agreement with such third party or with EDC, be liable for the payment of such fee.

• In addition the Principal agrees that it shall pay to EDC such fees as may be required under the terms and conditions of any of the EDC Agreements and the Principal further acknowledges that notwithstanding any stipulation to the effect that a fee is payable to EDC by a third party under any of the EDC Agreements that the Principal may, pursuant to an agreement with such third party or with EDC, be liable for the payment of such fee.

• The parties hereto acknowledge that the Facilities (and all Support given in connection with the EDC Agreements) are part of the "EDC Facility" as such term is defined in the Security Agreements.