KEXIM Direct Facility Loans definition

KEXIM Direct Facility Loans means loans made by KEXIM to the Borrower in an aggregate amount of up to six hundred million Dollars ($600,000,000) in accordance with and pursuant to the terms of the KEXIM Direct Facility Agreement.
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KEXIM Direct Facility Loans has the meaning set forth in Section 2.01 (KEXIM Direct Facility Loans).
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Examples of KEXIM Direct Facility Loans in a sentence

  • Each partial assignment shall be made as an assignment of the same percentage of outstanding KEXIM Direct Facility Commitment and outstanding KEXIM Direct Facility Loans and a proportionate part of KEXIM’s rights and obligations under this Agreement with respect to the KEXIM Direct Facility Loan and the KEXIM Direct Facility Commitment.

  • If the KEXIM Facility Agent or KEXIM shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the KEXIM Direct Facility Loans or, if it exceeds such unpaid principal, refunded to the Borrower.

  • The KEXIM Facility Agent shall determine the interest rate applicable to the KEXIM Direct Facility Loans and shall give prompt notice of such determination to the Borrower and KEXIM.

  • For purposes of determining withholding Taxes imposed under FATCA, from and after the Closing Date, the Borrower and the KEXIM Facility Agent shall treat (and KEXIM hereby authorizes the KEXIM Facility Agent to treat) this Agreement and the KEXIM Direct Facility Loans as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

Related to KEXIM Direct Facility Loans

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Loans as defined in Section 2.4(a).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.