Common use of Demand on Ex-Im Bank Clause in Contracts

Demand on Ex-Im Bank. (a) Subject to Section 8.01, the Lender shall be entitled to make a demand on Ex-Im Bank for compensation. In the event that a demand made pursuant to the previous sentence is not for the full amount of the installment(s) of principal and/or interest unpaid as of the date of such demand, the Lender shall be entitled to make a second demand on Ex-Im Bank for compensation with respect to all or any part of the remaining amount. Subject to Section 8.02(b), the Lender may make its initial demand at any time after the end of the period specified in Section 8.01, and the Lender may make any second demand any time after the first demand and within the time period specified in Section 8.02(b)(vi).

Appears in 3 contracts

Samples: Master Guarantee Agreement, Master Guarantee Agreement, Master Guarantee Agreement

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Demand on Ex-Im Bank. (a) Subject to Section 8.01, the Lender shall be entitled to make a demand on Ex-Im Bank for compensation. In the event that a demand made pursuant to the previous sentence is not for the full amount of the installment(s) of principal and/or interest unpaid as of the date of such demand, the Lender shall be entitled to make a second demand on Ex-Im Bank for compensation with respect to all or any part of the remaining amount. Subject to Section 8.02(b), the Lender may make its Lender’s initial demand may be made at any time after the end of the period specified in Section 8.01, 8.01 and any second demand by the Lender may make any second demand be made any time after the first demand and within the time period specified in Section 8.02(b)(vi).

Appears in 1 contract

Samples: Master Guarantee Agreement

Demand on Ex-Im Bank. (a) Subject to Section 8.01, the Lender shall be entitled to make a demand on Ex-Im Bank for compensation. In the event that a demand made pursuant to the previous sentence Section 8.01 is not for the full amount of the installment(s) of principal and/or interest unpaid as of the date of such demand, the Lender shall be entitled to make a second demand on Ex-Im Bank for compensation with respect to all or any part of the remaining amount. Subject to Section 8.02(b), the Lender may make its initial demand at any time after the end of the period specified in Section 8.01, and the Lender may make any second demand any time after the first demand and within the time period specified in Section 8.02(b)(vi8.02(b)(viii).

Appears in 1 contract

Samples: Master Guarantee Agreement

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Demand on Ex-Im Bank. (a) Subject to Section 8.01, the Lender shall be entitled to make a demand on Ex-Im Bank for compensation. In the event that a demand made pursuant to the previous sentence is not for the full amount of the installment(sInstallment(s) of principal and/or interest unpaid as of the date of such demand, the Lender shall be entitled to make a second demand on Ex-Im Bank for compensation with respect to all or any part of the remaining amount. Subject to Section 8.02(b), the Lender may make its Lender’s initial demand may be made at any time after the end of the period specified in Section 8.01, 8.01 and any second demand by the Lender may make any second demand be made any time after the first demand and within the time period specified in Section 8.02(b)(vi).

Appears in 1 contract

Samples: Master Guarantee Agreement

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