KEXIM Advance definition

KEXIM Advance means a KEXIM Loan Advance or a KSL Advance;
Sample 1

Examples of KEXIM Advance in a sentence

  • As will be shown below, KEXIM Advance Payment Refund Guarantees Are Subsidies within the Meaning of Article 1.1 of the SCM Agreement.

  • The Borrowers may prepay any Ship Tranche in whole or in part (such part being in a minimum amount of Five hundred thousand Dollars ($500,000) or any larger sum which is an integral multiple of Five hundred thousand Dollars ($500,000)) on any Interest Payment Date for both the Commercial Lenders Advance and the KEXIM Advance of that Ship Tranche.

  • The amount of each prepayment shall be regarded as being divided between the relevant KEXIM Advance and the relevant Commercial Lenders Advance proportionately.

  • The EC asserts that these measures "as such" (i.e., by their very existence, irrespective of their application in a given case) violate Articles 3.1(a) and 3.2 of the SCM Agreement.Second, the EC claims that Korea provides and has provided prohibited export subsidies pursuant to the KEXIM Advance Payment Refund Guarantee ("APRG") and Pre-shipment Loan ("PSL") programmes.

  • For so long as any KSL Commitment remains available for drawing, any KEXIM Advance to be made pursuant to this Agreement, shall, for the purposes of Clause 4.3(b) and the other provisions of this Agreement, be utilised by way of a KSL Advance and once the KSL Commitments have been utilised in full, shall be utilised by way of a KEXIM Loan Advance.

  • Figure 3: KEXIM APRG premiums compared to Commercial Benchmarks[BCI:] (c) KEXIM Advance Payment Refund Guarantees Are De Jure Contingent on Export Performance And Constitute Prohibited Subsidies Pursuant to Article 3.1(a) of the SCM Agreement.

Related to KEXIM Advance

  • Term Advance has the meaning specified in Section 2.01(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Equipment Advance is defined in Section 2.1.1.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Letter of Credit Advance means an advance made by the Issuing Bank or any Revolving Credit Lender pursuant to Section 2.03(c).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.