ECA Premium definition

ECA Premium means the amounts due to the Export Credit Agency as premium pursuant to the ECA Cover Document.
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ECA Premium means, in respect of any Export Credit Agency and any ECA Loan, the fee which is payable to that Export Credit Agency in consideration for that Export Credit Agency guaranteeing, insuring or otherwise covering the relevant participation of the British Lenders, the French Lenders and the German Lenders respectively in that ECA Loan;
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ECA Premium means the fee payable to the ECA by the Off Shore Facility Agent pursuant to the ECA Cover Documents and by the Equipment Vendor pursuant to any additional cover granted by the ECA to the Equipment Vendor in connection with the Delivery Contract.
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Examples of ECA Premium in a sentence

  • The Lenders shall not be under any obligation to lend any Loan to the Borrower unless the full amount of the relevant portion of the ECA Premium has been paid in accordance with this Agreement and the ECA Cover Document.

  • Any prepayment of a Loan pursuant to Clause 7.6 (ECA Premium refund) and Clause 7.10 (Voluntary prepayment of Loans) shall be applied pro rata to each Lender's participation in that Loan and shall satisfy the obligations under Clause 6.1 (Repayment of Loans) in inverse chronological order.

  • If all or any part of the upfront portion of the ECA Premium A is not paid by the Borrower to the Finnvera Facility Agent, for the account of Finnvera, prior to the requested date of the initial Tranche A Advance after the Closing Date (the “Outstanding ECA Premium A”), the Finnvera Facility Agent shall deduct the Outstanding ECA Premium A from the proceeds of the initial Tranche A Advance after the Closing Date and remit same to Finnvera concurrently therewith.

  • The Borrower in relation to an Aircraft agrees with the Lessee of that Aircraft that it will pay the ECA Premium for the ECA Loan for that Aircraft to the National Agents respectively as soon as reasonably practicable following the receipt by that Borrower of the full amount of the Initial Rent under (and as defined in) the Lease for that Aircraft.

  • The Borrower shall pay or reimburse the Off Shore Facility Agent and/or the Equipment Vendor for payment of any ECA Premium to the ECA.

  • This is to confirm that we have effected the payment of ECA Premium in the amount of Euro [-] to the ECA on [insert date] in accordance with the invoice issued by the ECA on [-], a copy of which is enclosed herewith.

  • If all or any part of the upfront portion of the ECA Premium B is not paid by the Borrower to the Finnvera Facility B Agent, for the account of Finnvera, prior to the requested date of the initial Tranche B Advance (the “Outstanding ECA Premium B”), the Finnvera Facility B Agent shall deduct the Outstanding ECA Premium B from the proceeds of the initial Tranche B Advance and remit same to Finnvera concurrently therewith.

  • If, at any time, the Export Credit Agency makes a Rating Premium Refund in accordance with Clause 11.6 (ECA Premium Refund), the Agent shall promptly notify the Borrower upon becoming aware of that event and such Rating Premium Refund shall be applied in prepayment of the Loans.

  • Each Obligor hereby expressly agrees and acknowledges that the ECA Premium for an ECA Loan is payable to COFACE in full, as a condition to, and prior to, the issue by COFACE of the Support Agreement for that ECA Loan and is not refundable in whole or in part in any circumstances or for any reason whatsoever except if COFACE does not issue its Support Agreement for that ECA Loan.

  • Each Obligor hereby expressly agrees and acknowledges that the ECA Premium for an ECA Loan is payable to ECGD in full, as a condition to, and prior to, the issue by them of the Support Agreement for that ECA Loan and is not refundable in whole or in part in any circumstances or for any reason whatsoever except if ECGD does not issue its Support Agreement for that ECA Loan.


More Definitions of ECA Premium

ECA Premium means the fee payable in respect of each Loan to the relevant Export Credit Agency in an amount separately agreed in consideration for which such Export Credit Agency guarantees or otherwise covers, inter alia, the participation of the British Lenders, the French Lenders or the German Lenders respectively in the Credits and which shall be non-refundable to the extent that the relevant Loan is actually advanced pursuant to Clause 3.7 (Disbursement of the Loan).
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ECA Premium means the Hermes Premium and the SACE Premium.
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ECA Premium means the fee of fifty basis points (0.5 per cent.) or such other amount as shall be notified in writing by any of the Export Credit Agencies to GFC prior to the relevant Advance being made and which is payable to ECGD, COFACE or HERMES in consideration for ECGD, COFACE and HERMES guaranteeing, insuring or otherwise covering the relevant participation of the British Lenders, the French Lenders and the German Lenders respectively in each Advance.
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ECA Premium means the fee which is payable to COFACE in consideration for COFACE guaranteeing, insuring or otherwise covering the relevant participation of the ECA Lenders in that ECA Loan;
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Related to ECA Premium

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Net earned premium means the premiums earned in this State

  • Buyer’s Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Net Written Premium means direct premium written on the Policies covered by this Agreement plus additions, less refunds and return premium for cancellations and reductions (but not dividends) and less premium paid or payable for reinsurance that inures to the benefit of the Participating Companies.

  • Premium means any premium payable under the terms of the Notes.

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • State premium tax liability means any liability

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.