Examples of KEXIM Covered Facility in a sentence
When the parties have already signed contracts on house trading but the State has the demand to buy such houses for use for national interests or public interests, the presidents of provincial- level People's Committees shall issue decisions on prior-purchase of such houses.
The obligations of the KEXIM Covered Facility Lenders under this Section 11.08(b) are subject to the provisions of Section 2.03 (Borrowing of Loans).
The obligations of the KEXIM Covered Facility Lenders to make payments pursuant to this Section 11.08(b) are several and not joint and shall survive the payment in full of the Obligations and the termination of this Agreement.
Each such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or Affiliates of the Borrower as if such Person were not the KEXIM Facility Agent hereunder and without any duty to account therefor to the KEXIM Covered Facility Lenders.
The Borrower shall pay the KEXIM Facility Agent or such KEXIM Covered Facility Lender, as applicable, the amount shown as due on any such certificate within thirty (30) days after receipt thereof.
The provisions of this Section 3.13 shall not be construed to apply to any payment by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by any KEXIM Covered Facility Lender as consideration for the assignment or sale of a participation in any of its KEXIM Covered Facility Loans.
If such KEXIM Covered Facility Lender pays such corresponding amount (together with such interest), then such corresponding amount so paid shall constitute such KEXIM Covered Facility Lender’s KEXIM Covered Facility Loan included in such KEXIM Covered Facility Loan Borrowing.
If the Borrower has not in fact made such payment, then each of the KEXIM Covered Facility Lenders severally agrees to repay to the KEXIM Facility Agent forthwith on demand the amount so distributed to such KEXIM Covered Facility Lender in immediately available funds with interest thereon, for each day from (and including) the date such amount is distributed to it to (but excluding) the date of payment to the KEXIM Facility Agent, at the Federal Funds Effective Rate.
The Borrower agrees that following any payment by KEXIM under the KEXIM Guarantee, for purposes of any payment owed to KEXIM as a result of the subrogation to the rights of the KEXIM Covered Facility Lenders, the term “Excluded Taxes” under the KEXIM Covered Facility Agreement shall have the meaning set forth in this Agreement (and not as defined in the KEXIM Covered Facility Agreement).
Neither KEXIM nor any of its respective officers, directors, employees or representatives retained by KEXIM in connection with the Financing Documents, will be liable or responsible for the use of proceeds of any Advance under this Agreement by the KEXIM Facility Agent or for any acts or omissions of any party to the Financing Documents (including, without limitation, the failure of any KEXIM Covered Facility Lender to make KEXIM Covered Facility Loans as required under this Agreement).