Bank Guarantee Facility definition

Bank Guarantee Facility means a facility accorded to any exporter or importer to export or import any goods on the basis of bank guarantee.

Bank Guarantee Facility means a facility entered into by a bank or other financial institution for the issuance of one or more Bank Guarantees.

Bank Guarantee Facility means the bank guarantee facility (as amended from time to time including by the Amendment and Restatement Deed dated October 2, 2023) between the Company and National Australia Bank Limited disclosed in the Data Room (including in connection with the bank guarantee issued by National Australia Bank Limited with a face value of $278,624.00 in respect of the leased premises at Levels 2 and 3, 551 Swanston Street, Carlton VIC 3053).

Examples of Bank Guarantee Facility in a sentence

• The Loan Facility accrues interest at the bank bill rate plus 3% per annum and is repayable in full on 30 June 2025.The Bank Guarantee Facility with Macquarie Bank Ltd represents certain obligations under the APA Gas Lateral Agreement.

• The Bank Guarantee Facility accrues interest at 2% per annum and matures on 30 September 2025.Macquarie Bank holds a first ranking, registered fixed and floating charge over all of the assets of Capricorn Metals Ltd and its wholly owned subsidiaries Greenmount Resources Pty Ltd, Crimson Metals Pty Ltd and Metrovex Pty Ltd as security for the facilities provided by Macquarie.

• Investec’s Refinancing Arrangement provides for an immediate A$3 million injection of funds via a short-term working capital facility and a A$23 million Bank Guarantee Facility.

• The Administrators have entered into refinancing arrangements including a Funding Agreement and a Bank Guarantee Facility Agreement (“Refinancing Arrangement”) with Investec Bank (Australia) Limited (“Investec”).

• An attempt to compute objective metrics, such as precision and recall with missing GT is proposed by [22] but it cannot be used for data sets with partial GT since it applies a probabilistic model under the same assumptions.

• Proposed Debt Restructuring On 14/7/2000, 22/9/2000 and 20/2/2001 the Group announced the proposed debt restructuring of RM154.5 million Bank Guarantee Facility pursuant to RM150 million nominal value of 3% Guaranteed Redeemable Bonds 1995/2000, RM25 million Revolving Credit Facility and RM21 million Syndicated Term Loan respectively (Proposed Debt Restructuring).

• Clauses 2 to 14 (inclusive) of these Specific Conditions - Bank Guarantee Facility apply to any bank guarantee facility.

• If we pay any amount to a beneficiary in a foreign currency, for the purposes of calculating the amount in Australian Dollars for which you indemnify us under clause 3 of these Specific Conditions – Bank Guarantee Facility, the foreign currency amount is to be converted to Australian Dollars at the spot rate of exchange quoted by us on the day we make the payment to the beneficiary.

• As used herein: (A) “Relevant Date” means (i) with respect to each Indigo Bank Guarantee Facility other than the IATA Bank Guarantee, the date falling 60 days after the Closing Date and (ii) with respect to the IATA Bank Guarantee, June 30, 2017.

• In order to satisfy an obligation to provide a U.S. dollar bank guarantee to a third party, on June 12, 2019, the Company entered into a Bank Guarantee Facility Agreement with Westpac Banking Corporation with a limit of $28.6 million.

More Definitions of Bank Guarantee Facility

Bank Guarantee Facility means the Facility described as such in schedule 2 and granted pursuant to clause 4.1(a)(iii).

Bank Guarantee Facility means the bank guarantee facility (as amended from time to time including by the Amendment and Restatement Deed dated October 2, 2023) between the Company and National Australia Bank Limited disclosed in the Data Room (including in connection with the bank guarantee issued by National Australia Bank Limited with a face value of $278,624.00 in respect of the leased premises at Levels 2 and 3, 500 Xxxxxxxx Xxxxxx, Xxxxxxx XXX 0000).

Bank Guarantee Facility means the facility described in ARTICLE IIIA hereof providing for the issuance by the Applicable Bank Guarantee Issuer for the account of a UK Facility Borrower of Bank Guarantees in an aggregate amount at any time outstanding not to exceed the Total Bank Guarantee Commitment minus outstanding Reimbursement Obligations arising from Bank Guarantees.

Bank Guarantee Facility means the collective reference to one or more bank guarantee facilities to support bonding requirements; provided that the aggregate amount thereof shall not exceed $300,000,000.