Examples of CEXIM Facility in a sentence
Deed of covenant on Torm Axxx dated 22 December 2004 Guarantee ● A guarantee by Torm Singapore dated 10 December 2004 CEXIM Facility Assignments of building contracts · A pre-delivery assignment in respect of Torm Arawa (EX.
Xxxxxxxx and Mxxxxx Wendesten Email: Exxx.Xxxxxxxxx@xxx.xx and Mxxxxx.Xxxxxxxxx@xxx.xx CEXIM FACILITY SIGNED for and on behalf of ) THE EXPORT-IMPORT BANK ) OF CHINA ) as Original Lender under the CEXIM Facility ) /s/ Txxxxxxx Xxxxxx By: Txxxxxxx Xxxxxx Title: Attorney-in-Fact Address: Transportation Finance Department No. 30.
The $440 Million China ECA Facility Credit Agreement provided for a $308 million CEXIM Facility and $132 million Commercial Facility (each as defined in the $440 Million China ECA Facility Credit Agreement).
No Borrower shall repay or prepay all or any part of any Rig Advance made to it or cancel all or any part of the CEXIM Facility Commitment or the Commercial Facility Commitment except at the times and in the manner expressly provided for in this Agreement.
Deed of covenant on Torm Xxxx dated 22 December 2004 Guarantee ● A guarantee by Torm Singapore dated 10 December 2004 CEXIM Facility Assignments of building contracts · A pre-delivery assignment in respect of Torm Arawa (EX.
The Borrower shall not repay or prepay all or any part of any Rig Advance or cancel all or any part of the CEXIM Facility Commitment or the Commercial Facility Commitment except at the times and in the manner expressly provided for in this Agreement.
Loans under the CEXIM Facility are able to be drawn to finance payments on each vessel and mature ten years after the drawdown date of each loan.
A Borrower may, by giving the Agent not less than three (3) Business Days prior written notice, permanently reduce, cancel or terminate all or part of the unutilised portions of the CEXIM Facility Commitment and Commercial Facility Commitment (but if in part, in a minimum amount of USD 1,000,000 and in integral multiples of USD 1,000,000), provided that any cancellation shall be made on a pro rata basis as between the CEXIM Facility and the Commercial Facility).
Any voluntary cancellation and prepayment made pursuant to this Clause 7 shall, in respect of the relevant Rig Advance, be applied pro rata against the CEXIM Facility Loan outstanding and Commercial Facility Loan outstanding in respect of such Rig Advance and against cancellation of the Commitment pro rata on each of the scheduled repayments as set out in Schedule 6 (Indicative Repayments/Reductions) (as amended or replaced from time to time).
The Borrowers shall not repay or prepay all or any part of any Rig Advance or cancel all or any part of the CEXIM Facility Commitment or the Commercial Facility Commitment except at the times and in the manner expressly provided for in this Agreement.