Payments under Ex-Im Bank Guarantee. If Ex-Im Bank shall have received a demand for payment under the Ex-Im Bank Guarantee, and Ex-Im Bank shall not have been reimbursed in full on the same Banking Day of the date of demand, Ex-Im Bank may thereafter exercise any of the rights and remedies granted to it for exercise after an Event of Default under the Lease, the Sublease or this Guaranteed Loan Agreement.
Appears in 2 contracts
Samples: Guaranteed Loan Agreement (Copa Holdings, S.A.), Loan Agreement (Copa Holdings, S.A.)
Payments under Ex-Im Bank Guarantee. If Ex-Im Bank shall have received a demand for payment under the Ex-Im Bank Guarantee, and Ex-Im Bank shall not have been reimbursed in full on the same Banking Business Day of the date of demand, Ex-Im Bank may (without prejudice to any rights it may have to take any such action prior to the date of such demand) thereafter exercise any of the rights and remedies granted to it for exercise after an Event of Default under the any Lease, any Security Document the Sublease GATX Guarantee or this Guaranteed Loan Agreement.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Gatx Financial Corp)
