CEXIM Facility definition

CEXIM Facility has the meaning given to such term in Part B of Schedule 1 (Parties) of this Agreement.
CEXIM Facility means the Facility made available under this Agreement as described in clause 2.1(a) (Facility).
CEXIM Facility means that certain Loan Agreement dated as of August 10, 2009, by and among the Borrowers, as Joint and Several Borrowers, the Export-Import Bank of China as Original Lender and Agent, and Overseas Shipholding Group, Inc. as Guarantor, as amended, restated, modified or supplemented from time to time.

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.

Related to CEXIM Facility

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means the entire operation located on the property where the Equipment is located;

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Triage facility means a short-term facility or a portion

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Facility Production Limit means the production limit placed on the main product(s) or raw materials used by the Facility that represents the design capacity of the Facility and assists in the definition of the operations approved by the Director.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Required Facility Lenders means, as of any date of determination, with respect to one or more Facilities, Lenders having more than 50% of the sum of (a) the Total Outstandings under such Facility or Facilities and (b) the aggregate unused Commitments under such Facility or Facilities; provided that the unused Commitments of, and the portion of the Total Outstandings under such Facility or Facilities held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of the Required Facility Lenders.