Export Line definition

Export Line means the credit facility for making one or more Export Loans described in Section 2.18 hereof.
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Examples of Export Line in a sentence

  • Any termination of the Revolving Credit Facility below the Export Line Sublimit then in effect shall reduce the Export Line Sublimit by a like amount.

  • The Export Line Lender will make advances into one or more accounts maintained with the Export Line Lender designated by the Borrower as required for the negotiation of ▇▇▇▇▇▇ ▇▇▇▇▇ under Documentary Credit prior to acceptance from the applicable documentary credit issuing bank drawn at 180 days or less from date of draft (i.e. at "sight") with recourse to the Borrower.

  • All advances to the Borrower under the Export Line shall be made by way of overdrafts in the following manner.

  • Borrower acknowledges that Ex Im Bank needs to approve the extension of the Maturity Date under the Export Note, the corresponding extension of the Final Disbursement Date, and any further advances under the Export Line of Credit notwithstanding the Cumulative Defaults.

  • Subject to the terms and conditions hereof and Section 2.1, the Export Line Lender shall make loans in Canadian Dollars as a Prime Rate Loan or US Dollars as a Base Rate Loan to the Borrower, in each case, under the Export Line (individually a "Export Loan" and collectively the "Export Loans") which shall not in the aggregate at any time outstanding exceed the Export Line Sublimit.

  • All amounts outstanding under the Export Line shall be repaid on demand by the Export Line Lender, and unless otherwise demanded, all amounts outstanding shall be repaid on the maturity date of each Usance Bill under Documentary Credit financed by an Export Loan.

  • The Export Line Lender shall finance 100% of the face value of Usance Bills under Documentary Credit acceptable to the Export Line Lender, in its sole discretion, upon presentation of appropriate commercial documentation as specified in accordance with Uniform Customs and Practice for Documentary Credits (2007 revision) International Chamber of Commerce Publication No. 600.

  • The Export Line of Credit referred to in the Prior Loan Agreement is canceled and terminated.

  • The Exim Loan Agreement provided for, among other things, and Export Line of Credit in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,000) (the "Exim Revolving Facility").

  • The Exim Loan Agreement provided for, among other things, an Export Line of Credit in the original principal amount of One Million Five Hundred Thousand Dollars ($1,500,000) (the "Exim Revolving Facility").

Related to Export Line

  • Export Law means all constitutions, laws, statutes, codes, ordinances, orders, judgments, decrees, injunctions, rules, regulations, permits, restrictive measures, trade sanctions, embargos and other legally binding requirements of all federal, country, international, state and local governmental authorities relating to export, re-export or import.

  • Export means delivery across the boundaries of this state by or for the seller or purchaser from a place of origin in this state.

  • Export Laws means all applicable import, export control and sanctions laws, including without limitation, the laws of the United States, the EU, and Germany.

  • Export and Import Laws means the Arms Export Control Act, the International Traffic in Arms Regulations, the Export Administration Act of 1979, as amended, the Export Administration Regulations, and all other laws and regulations of the United States government regulating the provision of services to non-U.S. parties or the export and import of articles or information from and to the United States of America, and all similar laws and regulations of any foreign government regulating the provision of services to parties not of the foreign country or the export and import of articles and information from and to the foreign country to parties not of the foreign country.

  • Export Item means any Goods or Services, including commodities, software or technology provided by Sup- plier that is required to be exported or re-exported under the Contract.