Examples of Export Facility in a sentence
In such event if the credit balance in our current account shall be insufficient to cover the amount of the Aggregate Selling Prices and notwithstanding anything to the contrary herein contained, the Bank shall be entitled by notice in writing to us, to forthwith convert the amount of the Aggregate Selling Prices to the amount outstanding as a principal sum under the Clean Import Loan or Loan Against Export Facility ("Converted Sum") whichever is applicable.
As described in Section 13.9 of the Export Facility Agreement, this Agreement may be terminated at any time before the Sale Termination Date only upon delivery of a notice of termination hereof that is signed by the Collateral Agent (acting at the direction of the Banks) and delivered to the Exporters and the Off-taker.
All capitalized terms used but not defined herein shall have the meanings given to such terms in the Export Facility Agreement, and the rules of interpretation set forth therein shall apply to this Agreement.
All notices, requests, instructions, directions and other communications provided for herein (including any modifications of, or waivers, requests or consents under, this Agreement) shall be given in writing and sent to each party hereto at its address specified on Schedule II to the Export Facility Agreement, or to such other address as may be designated in writing from time to time by each party hereto.
Upon such conversion, the Converted Sum shall be deemed to form part of the principal sum outstanding under the Clean Import Loan or Loan Against Export Facility and accordingly be secured by the existing securities listed in this Letter of Offer.
All modifications, consents, amendments or waivers of any provision of this Agreement shall be effective only if made in accordance with the terms of the Export Facility Agreement and the same shall be approved in writing by the parties hereto and consented to in writing by the Collateral Agent and then shall be effective only in the specific instance and for the specific purpose for which given.
The undersigned acknowledge(s) and Guarantee of Manitex, LLC of Specialized Equipment Export Facility agree(s) that Bank has no obligation to acquire or perfect any lien on or security interest in any asset(s), whether realty or personalty, to secure payment of the Indebtedness, and the undersigned is (are) not relying upon any asset(s) in which Bank has or may have a lien or security interest for payment of the Indebtedness.
Export Facility from Canada Leveraging our industrial scale cultivation and automation for the production of cannabis grown in environmentally responsible conditions in Canada and our ability to cultivate high-quality, low cost cannabis on a consistent basis, we expect to supply much of our international demand with cannabis and cannabis derivative products from Canada.
Any and all Accounts, Inventory and work-in-process Inventory related to the Specialized Equipment Export Facility, shall not be included in the calculation of the Advance Formula.
For greater certainty, this Security Agreement shall not constitute an amendment and restatement of any security agreement by a Debtor which provides security for any of the indebtedness, liabilities and obligations under the Specialized Equipment Export Facility or Specialized Equipment Export Master Note.