KEXIM Loan definition

KEXIM Loan means that portion of a Loan under the Facility (and identified as such in any Request) advanced to the Owner by the KEXIM Lenders.
KEXIM Loan means a loan made or to be made under the KEXIM Facility or the principal amount outstanding for the time being of that loan.
KEXIM Loan means the loan made or to be made under the KEXIM Facility or the principal amount outstanding for the time being of that loan.

Examples of KEXIM Loan in a sentence

  • The Borrowers shall on each Repayment Date repay such part of the KEXIM Loan for the account of the KEXIM Facility Lenders and such part of the Commercial Loan for the account of the Commercial Facility Lenders as is required to be repaid by clause 6.2 (Scheduled repayment of Advances).

  • The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the KEXIM Loan Agreement shall have been suspended and/or cancelled due to default by the Borrower in obligations under the KEXIM Loan Agreement.

  • Included in the figure are the results for three computations of the nozzle flow.

  • Subject to the following conditions, the Borrowers may request an Advance to be made under each of the KEXIM Loan Facility, the K-Sure Loan Facility and the Commercial Loan Facility by delivering to the Agent a completed Drawdown Notice not later than 11:00 a.m. (New York City time) 5 Business Days prior to the intended Drawdown Date.

  • The KEXIM Loan shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

  • The KEXIM Loan Agreement or any provision thereof shall have been repealed, suspended or amended in any manner which in the reasonable opinion of ADB will or may adversely affect the implementation of the Project or the operation of the Project facilities.

  • 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.

  • If the Borrowers prepay any amount of the Loans pursuant to clause 7.7 ( Voluntary prepayment), then they shall also pay to the Agent (for the account of the KEXIM Facility Lenders) a prepayment fee of 0.5 per cent of the amount of the KEXIM Loan prepaid pursuant to clause 7.7 (Voluntary prepayment).

  • No partial prepayment shall be permitted in an amount that would otherwise result in the Proportionate Share of the KEXIM Loan to be prepaid (as specified in Clause 8.9(a)) being in excess of the amount of the KEXIM Direct Loan at that time.

  • SCO consistently consults with its technical accounting and reporting consultants and other experts, such as SCO’s OPEB actuary and GASB.


More Definitions of KEXIM Loan

KEXIM Loan means the aggregate principal amount owing under the First KEXIM Facility Agreement by the borrower(s) named therein at any relevant time
KEXIM Loan means, at any time, the aggregate of the KEXIM Direct Loan and the KEXIM Supported Loan at such time.
KEXIM Loan has the meaning given thereto in Recital (C) of this Loan Agreement;

Related to KEXIM Loan

  • Term Loan as defined in Section 2.1.

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

  • 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.

  • 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.

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

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

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