Common use of Local Cost Goods and Services Clause in Contracts

Local Cost Goods and Services. For each Approved Transaction, Ex-Im Bank will provide a Guarantee with respect to the financing of Local Cost Goods and Services only if approved in writing by Ex-Im Bank and specifically reflected in the relevant Delegated Authority Notice. The Guarantee of each such Approved Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

Appears in 1 contract

Samples: Master Guarantee Agreement

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Local Cost Goods and Services. 6 For each Approved TransactionCredit, Ex-Im Ex­Im Bank will provide a Guarantee with respect to the financing of Local Cost Goods and Services only if approved in writing by Ex-Im Bank and specifically reflected provided for in the relevant Delegated Authority NoticeEx­Im Bank Approval. The Guarantee of each such Approved Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

Appears in 1 contract

Samples: Master Guarantee Agreement – Finance Lease

Local Cost Goods and Services. 6 For each Approved TransactionCredit, Ex-Im Bank will provide a Guarantee with respect to the financing of Local Cost Goods and Services only if approved specifically provided for in writing by the relevant Ex-Im Bank and specifically reflected in the relevant Delegated Authority NoticeApproval. The Guarantee of each such Approved Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

Appears in 1 contract

Samples: Master Guarantee Agreement

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Local Cost Goods and Services. 7 For each Approved TransactionCredit, Ex-Im Bank will provide a Guarantee with respect to the financing of Local Cost Goods and Services only if approved specifically provided for in writing by the relevant Ex-Im Bank and specifically reflected in the relevant Delegated Authority NoticeApproval. The Guarantee of each such Approved Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

Appears in 1 contract

Samples: Master Guarantee Agreement

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