EXIM Note definition
Examples of EXIM Note in a sentence
Contemporaneously with the execution of this Loan Agreement, Borrower and Lender are entering into (i) an Export Loan Agreement, (ii) a Borrower Agreement, (iii) a Loan Authorization Notice, and (iv) an Amended and Restated EXIM Note (collectively, the "EXIM Loan Documents") pursuant to which Lender is making available to Borrower a credit facility for working capital and general corporate purposes which shall be guaranteed by the Export-Import Bank of the United States (the "EXIM Facility").
This Agreement, any EXIM Note and any other EXIM Loan Document or other agreement, document or instrument attached hereto or executed on or as of the Original Closing Date integrate all the terms and conditions mentioned herein or incidental hereto and supersede all oral representations and negotiations and prior writings with respect to the subject matter hereof.
The Administrative Agent may deem and treat the payee of any EXIM Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Administrative Agent.
Anything herein to the contrary notwithstanding, if an Event of Default shall occur hereunder, the principal of each EXIM Note and the unpaid interest thereon shall bear interest, until paid, at the Default Rate.
The EXIM Facility shall be evidenced by an EXIM Note (herein called, together with any renewals, extensions and increases thereof, the "EXIM Note"; and together with the Revolving Note and the Term Note, collectively the "Notes") payable by Borrower to the order of Bank in the stated principal amount of $5,000,000.00, in form and substance acceptable to Bank.
If so requested by any EXIM Lender by written notice to the Borrower (with a copy to the Administrative Agent), the Borrower shall execute and deliver to such EXIM Lender (and/or, if applicable and if so specified in such notice, to any Person who is an assignee of such EXIM Lender pursuant to Section 10.6) (promptly after the Borrower’s receipt of such notice) an EXIM Note or EXIM Notes to evidence such EXIM Lender’s EXIM Loans.
At all reasonable times and upon reasonable notice Agent and each Bank shall have access to and the right to audit, check, inspect and make abstracts and copies from U.S. Borrower's books, records, audits, correspondence and all other papers relating to collateral securing U.S. Borrower's obligations hereunder and under the EXIM Note and the operation of U.S. Borrower's business.