Common use of Ex-Im Bank Approval Clause in Contracts

Ex-Im Bank Approval. The fully executed Ex-Im Bank Approval with respect to such Credit shall be in full force and effect (i) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (ii) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.

Ex-Im Bank Approval. The fully executed Ex-Im Bank Approval with respect to such Credit shall must continue to be in full force and effect (ia) in the case of a Reimbursement or Direct Disbursement, on the relevant Disbursement Date or (iib) in the case of an L/C Payment, on the date of the issuance of the relevant Letter of Credit.