Rupee Loan definition

Rupee Loan means the financial assistances availed by the Borrower from, inter alia, the Rupee Lenders, under the Common Rupee Loan Agreement.
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Rupee Loan means the rupee loan facility agreed to be provided by the Lender to the Borrower in pursuance of Clause II hereof under its lending programme for Export Oriented Units (Export Facilitation Activities) up to the sum not exceeding Rs 21.50 crores (Rupees Twenty One crores and Fifty Lacs only) for the purpose of financing/ payment/funding/remittance of:
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Examples of Rupee Loan in a sentence

  • The Sponsor shall ensure that at all times till the Loan together with all other amounts due and payable by the Borrower to the Lenders under or pursuant to this Agreement, the Common Rupee Loan Agreement, the Foreign Currency Facility Agreement and other Financing Documents are paid in full, the Sponsor shall, subject to the terms of this Agreement and the other Financing Documents, be the sole legal and beneficial owner of the NDU Assets.

  • In relation to the Rupee Lenders and the Issuing Bank, the provisions of Section 21.3 (Notices) of the Common Rupee Loan Agreement shall apply, and in relation to the Foreign Currency Lender, the provisions of Clause 26 (Notices) of the Foreign Currency Facility Agreement, shall apply for the giving of all notices or other communications to be given or made under this Agreement as if expressly set out herein.

  • Unless otherwise defined, capitalized terms in this Agreement shall: (a) in relation to the Rupee Facility, Rupee Lenders and the Issuing Bank have the meanings given to them in the Common Rupee Loan Agreement; and (b) in relation to the Foreign Currency Facility and the Foreign Currency Lender, have the meanings given to them in the Foreign Currency Facility Agreement.

  • The address for notices and communication in respect of the Borrower shall be as set out in the Common Rupee Loan Agreement.

  • The Lender shall be entitled to provide all reasonable information concerning the Company, any Financing Agreement and the Common Rupee Loan Agreement to permitted transferees or assignees, without the prior written consent of the Company.

  • The Rupee Loan facility shall be made available to the Borrower in one or more disbursement(s) as may be decided by Exim Bank subject to the Borrower complying with the provisions of the Loan Agreement and the disbursement procedure stipulated by Exim Bank and provided the financing of the expenditure shall be in consonance with the details furnished to Exim Bank.

  • By a Corporate Rupee Loan Facility Agreement, (the “Facility Agreement” which term includes all amendments and modifications made thereto and the General Conditions as defined in the Facility Agreement) executed between the Transferor and the Lender on the 5th day of August 2005, the Lender has at the request of the Transferor, lent and advanced a Rupee Term Loan of Rs. 250.00 million (the “Facility”).

  • STERLITE ENERGY LIMITED By: Name: Designation: To: Sterlite Energy Limited Cc: [•] Ladies and Gentlemen: This notice is issued pursuant to Section 5.4.1.2 of the Common Rupee Loan Agreement, dated as of __________________ (the “Common Rupee Loan Agreement”), among the Borrower, the Lenders, the Security Trustee and the Facility Agent in connection with the, Notice of Drawdown of the Borrower dated ____________, 20__.

  • Exim Bank hereby agrees to lend and disbursement to the Borrower and the Borrower agrees to avail of the Rupee Loan facility from Exim Bank for the purpose and upon the terms and subject to the conditions contained in this Agreement.

  • By a Corporate Rupee Loan Facility Agreement, (the “Facility Agreement” which term includes all amendments and modifications made thereto and the General Conditions as defined in the Facility Agreement) executed between the Transferor and the Lender on the 8th day of February 2005, the Lender has at the request of the Transferor, lent and advanced a Rupee Term Loan of Rs. 1020.00 million (the “Facility”).