Examples of Exim Eligible Foreign Accounts in a sentence
Notwithstanding the foregoing, it is expressly acknowledged and agreed that the security interest created in this Exim Agreement in all of the Collateral (with the exception of Exim Eligible Foreign Accounts, but only to the extent any Advances are actually made by the Bank to the Borrower based upon such Exim Eligible Foreign Accounts), is subject to and subordinate to the security interest granted to the Bank in the Domestic Agreement with respect to the Collateral.
The Exim Eligible Foreign Accounts are bona fide existing obligations.
Notwithstanding the foregoing, it is expressly acknowledged and agreed that the security interest created in this Agreement, only with respect to Exim Eligible Foreign Accounts (as such term is defined in the Exim Agreement), is subject to and subordinate to the security interest granted to Silicon in the Exim Agreement with respect to such Exim Eligible Foreign Accounts, but only to the extent any advances are actually made to the Borrower based upon such Exim Eligible Foreign Accounts.
Borrower shall require payment of the Exim Eligible Foreign Accounts in United States Dollars or an Acceptable Foreign Currency subject to the terms of this Exim Agreement for the products, unless the Exim Bank otherwise agrees in writing hereafter.
This observation is in agreement with previous works including the one on Hindi consonants [4].