Trade Facilities definition

Trade Facilities means the trade facilities granted to the Australian Trade Borrowers, the HK Trade Borrower and the US Trade Borrower under clause 2.2(a), clause 2.2(b) and clause 2.2(c) (respectively) as part of the relevant Trade Finance Facility, and Trade Facility means any one of them; Trade Finance Facilities means:
View Source
Trade Facilities means (a) the $100,000,000 trade facility governed by that certain Amended and Restated Continuing Letter of Credit Agreement, dated December 15, 2011, among The Hong Kong and Shanghai Banking Corporation Limited, the Company and certain of the Company’s subsidiaries; and (b) the $35,000,000 trade facility governed by that certain Commercial Letter of Credit Agreement between the Company and ▇▇▇▇▇ Fargo Bank, National Association, and any trade facilities arising out of the replacement, substitution, refinancing, extension, renewal or refunding of any such trade facilities.
View Source
Trade Facilities. All the trade facility or facilities agreed to be granted and/or granted and made available and/or continue to be made available by the Lender to the Borrower(s) now or hereafter or from time to time in accordance with the terms and conditions set out in the relevant Letters of Offer, this Agreement and the Fourth Schedule hereto which are applicable to the Facilities comprised therein and includes any balance or part thereof and all monies referred to in Sections 16.47 and 16.49 hereof;
View Source

Examples of Trade Facilities in a sentence

  • No cancellation is allowed by you for the first 5 years from the date of availability of the facilities otherwise a 5.0% flat fee shall be charged on the Original Trade Facilities amount subject to minimum of RM5,000-00 whichever is higher in the event of full settlement/cancellation of the Trade Facilities.

  • Effective on and from 12 May 2009 the Margin referred to in section 1 of Schedule 2 and the import and export fees referred to in section 8 of Schedule 2 of the Facility Agreement in relation to the Trade Facilities are as follows: LC Opening/Negotiation: 0.20% (min.

  • The Letters of Offer, the additional covenants, conditions, confirmation and declarations set out in the Second Schedule, the negative covenants set out in the Third Schedule, the additional terms and conditions for Trade Facilities and Overdraft set out in the Fourth Schedule and the said Terms as defined in Section 16.49 shall form and be construed as part of this Agreement and shall prevail in the event of any conflict or discrepancies with the other provisions of this Agreement.

  • We refer to the Agreement for Short Term Loan Facility, Rollover Loan Facility and Trade Facilities No. [●] dated (the “Agreement”) entered into between and The Siam Commercial Bank Public Company Limited, Ho Chi Minh City Branch.

  • The Agreement for Short Term Loan Facility, Rollover Loan Facility and Trade Facilities No. [●] dated (the "Agreement") entered into between ourselves being ___________________ as borrower (the "Borrower") and The Siam Commercial Bank Public Company Limited, Ho Chi Minh City Branch as lender (the "Lender").

  • The following terms in this Schedule 2 apply to the Australian Trade Facilities and the HK Trade Facility and do not apply to the US Trade Facility.