Term Credits definition
Examples of Term Credits in a sentence
All payments of principal, interest, fees and expenses by the Borrower shall be made and imputed to the Lenders prorata the Principal of the Indebtedness owed to them under the Term Credits.
Such authority shall be subject to the limitations set forth in this approval, the Master Guarantee Agreement (Medium Term Credits – Medium Term Delegated Authority Program), dated as of , and referenced as MGA No. - D, as amended from time to time (the “MGA”) between [Lender] and Ex-Im Bank, and in the Delegated Authority Lender Agreement, dated as of , as amended from time to time (the “Delegated Authority Lender Agreement”) between [Lender] and Ex-Im Bank.
The Term Credits shall not revolve and shall be available until the Maturity Date.
Buyers may purchase Permanent or Term Credits to offset a Debit Project of temporary duration.
The Borrower shall use the Term Credits to implement the Capital Plan.
Unle ss otherwise specified in a notice delivered in accordance with Section 10.02 of this Agreement, all notices to the Lessor shall be delivered to the following address: Address: Attention: Facsimile: Telephone: E-Mail: The parties set forth below have caused the Master Guarantee Agreement – Finance Lease (Medium Term Credits – Electronic Compliance Program) to be duly executed and delivered as of the date set forth on the cover page hereto.
This Master Guarantee Agreement Foreign Currency Supplement supplements the Master Guarantee Agreement – Finance Lease (Medium Term Credits) between the Lessor and the Export-Import Bank of the United States identified below: Dated as of: MGA No.: -F The parties set forth below have caused this Master Guarantee Agreement Foreign Currency Supplement (Medium Term Credits – Electronic Compliance Program) to be duly executed and delivered as of the date set forth on the cover page hereto.
The Principal of the Indebtedness owed under the Term Credits shall bear interest, before and after maturity, at the Prime Rate in effect from time to time, plus 1.50%.