Comprehensive Guarantee definition

Comprehensive Guarantee means a Guarantee providing for compensation by Ex-Im Bank under such Guarantee for failures in payment of the relevant Guaranteed Amount, regardless of the cause of the default.
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Comprehensive Guarantee shall have the meaning set forth in Section 4.01. “Comprehensive Guarantee Percentage” shall mean, with respect to an Approved Credit,
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Examples of Comprehensive Guarantee in a sentence

  • If the Ex-Im Bank Approval of a Credit indicates that Ex-Im Bank’s Guarantee is a Comprehensive Guarantee, then subject to the terms and conditions set forth in this Agreement and such Ex-Im Bank Approval, Ex-Im Bank guarantees the payment of principal and interest in an amount up to and including the Guaranteed Amount for such Credit (the “Guarantee”).

  • Ex-Im Bank’s payments under each Comprehensive Guarantee shall be made as follows: (a) with respect to any Floating Rate Notes, the Accelerated Payment Method shall apply; and (b) with respect to any Fixed Rate Notes, the Installment Payment Method shall apply.

  • All sums payable by the Client under this Deed of Indemnity shall be paid in full to the Supplier in the currency in which the guaranteed obligations under the Comprehensive Guarantee are payable.

  • The Lender may only request a Comprehensive Guarantee with respect to a proposed financing of a Foreign Currency Credit if the Lender and Ex-Im Bank have entered into an MGA Foreign Currency Supplement and all conditions to the effectiveness of this Agreement and such supplement have been satisfied.

  • To indemnify the Supplier and keep them indemnified against all demands, claims, liabilities, losses, costs and expenses whatsoever (including all legal and other costs, charges and expenses they may incur in connection with the Comprehensive Guarantee, or enforcing or attempting to force, their rights under this Deed of Indemnity) arising in relation to or out of the Comprehensive Guarantee or as a result of them having issued it.

  • The Ex-Im Bank Guarantee coverage will be [choose one]1: 1If the Agent wishes to request a Comprehensive Guarantee for a Foreign Currency Credit, then the Agent must sign an MGA Foreign Currency Supplement and submit a Form of Request for Ex-Im Bank Approval in the form of Annex A to the MGA Foreign Currency Supplement.

  • The Agent may only request a Comprehensive Guarantee with respect to a proposed financing of a foreign currency Buyer Credit if the Agent and Ex-Im Bank have entered into an MGA Foreign Currency Supplement and all conditions to the effectiveness of this Agreement and such supplement have been satisfied.

  • To indemnify the Supplier and any company within its group and keep them indemnified against all demands, claims, liabilities, losses, costs and expenses whatsoever (including all legal and other costs, charges and expenses they may incur in connection with the Comprehensive Guarantee, or enforcing or attempting to force, their rights under this Deed of Indemnity) arising in relation to or out of the Comprehensive Guarantee or as a result of them having issued it.

  • Louisiana Student Financial Assistance Commission and the Lender have each caused this Certificate of Comprehensive Guarantee Coverage to be executed by their respective authorized officers and to take effect on the date first above written.

  • The Ex-Im Bank Guarantee coverage will be [choose one]1: a Comprehensive Guarantee (coverage of commercial risk and political risk) - Buyer Credit; or a Political Risk Guarantee (coverage limited to political risk) - Buyer Credit [this may only be requested if the Lender and Ex-Im Bank have entered into an MGA Political Risk Supplement].