Pre-Export Loans definition
Examples of Pre-Export Loans in a sentence
The Off-taker agrees that the full amount of the Pre-Export Loans Debt Service Amount applicable to such Interest Period will be on deposit in the Collection Account thirty (30) days prior to the end of such Interest Period.
If such Pre-Export Loans Debt Service Amount has not been deposited into the Collection Account by such date, then the Collateral Agent shall notify the Off-taker of such shortfall on or before the date occurring five (5) Business Days prior to the applicable Payment Date.
If such Pre-Export Loans Debt Service Amount has not been deposited into the Collection Account by such date, then the Collateral Agent shall notify the Off-taker of such shortfall and the Off-taker shall transfer an amount equal to the shortfall from the Off-taker’s Payment Account to the Collection Account (such funds to be derived from other export receivables of the Exporters and/or Off-taker) within two (2) Business Days of the date it receives notice from the Collateral Agent of such shortfall.