Commercial Lenders Guarantee definition

Commercial Lenders Guarantee means the guarantee issued or to be issued by the Commercial Lenders pursuant to the terms of this Agreement in favour of Eksportfinans substantially in the form set out in Schedule 4 (Form of Utilisation Request) Part II, Appendix A hereto.
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Examples of Commercial Lenders Guarantee in a sentence

  • If the Commercial Lenders Guarantee is not issued by the expiry of the Availability Period-Commercial Lenders’ Guarantee, the Guarantee Facility Commitment shall automatically be cancelled at the same time.

  • The Borrower may request the Commercial Lenders Guarantee to be issued on its behalf to Eksportfinans by delivery to the Agent of a duly completed Utilisation Request not later than 10:00 hours (London time), three (3) Business Days prior to the proposed Utilisation Date.

  • The Borrower may request the Commercial Lenders Guarantee to be issued on its behalf to the ECA Lender by delivery to the Agent of a duly completed Utilisation Request not later than 10:00 hours (London time), three (3) Business Days prior to the proposed Utilisation Date.

Related to Commercial Lenders Guarantee

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Commercial Letter of Credit means any letter of credit which is a commercial letter of credit issued in respect of the purchase of goods or services by the Borrower or any of its Subsidiaries.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Issuing Bank Agreement has the meaning assigned to such term in Section 2.05(i).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Lender Joinder Agreement as defined in Subsection 2.8(c).

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Letter of Credit Guaranty means one or more guaranties by the Administrative Agent in favor of the L/C Issuer guaranteeing or relating to the obligations of the Borrower to the L/C Issuer under a reimbursement agreement, Letter of Credit Application or other like document in respect of any Letter of Credit.

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • New Lender as defined in Section 2.1(c).

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Trade Letter of Credit shall have the meaning provided in Section 2.01(a).

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).