KEXIM Guarantee definition

KEXIM Guarantee means the guarantee agreement to be issued by KEXIM in favour of the KEXIM Lenders (other than KEXIM) covering the KEXIM Loan (other than that portion advanced by KEXIM itself).
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KEXIM Guarantee means the guarantee dated as of June 30, 2015, given by KEXIM in favor of the KEXIM Covered Lenders in relation to amounts outstanding under the KEXIM Covered Facility Agreement.
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KEXIM Guarantee means the guarantee issued or to be issued by the Kexim Guarantor in favour of the Kexim Guaranteed Lenders pursuant to which the Kexim Guarantor has guaranteed or will guarantee the payment to the Kexim Guaranteed Lenders of 100 per cent. of the Kexim Guaranteed Facility Loan outstanding from time to time and accrued interest on that.
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Examples of KEXIM Guarantee 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 Facility Agent, the K-Sure Agent, the GIEK Agent and/or the KEXIM Guarantee Agent may, without any liability to account to the Facility Lenders, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s subsidiaries or associated companies or with a Facility Lender as if it were not the Facility Agent, K-Sure Agent, the GIEK Agent or, as the case may be, the KEXIM Guarantee Agent.

  • Notwithstanding any term of this Agreement, the consent of a person who is not a Party (unless otherwise expressly provided by this Agreement in respect of KEXIM, K-Sure, GIEK and without prejudice to the provisions of the KEXIM Guarantee, the K-Sure Insurance Policy or the GIEK Guarantee) is not at any time required to rescind or amend this Agreement.

  • Any communication or document to be made or delivered to the Facility Agent, the K-Sure Agent, the GIEK Agent or the KEXIM Guarantee Agent will be effective only when actually received by the Facility Agent, the K-Sure Agent, the GIEK Agent or the KEXIM Guarantee Agent.

  • The Borrower shall on the KEXIM Final Maturity Date, KEXIM Guarantee Final Maturity Date and the K-Sure Final Maturity Date repay to the Facility Agent the KEXIM Final Payment, the KEXIM Guarantee Final Payment and the K-Sure Final Payment together with all interest and all other amounts payable under this Agreement, the Facility Documents, the KEXIM Guarantee and the K-Sure Insurance Policy due to the KEXIM Facility Lenders, the KEXIM Guarantee Facility Lenders and the K-Sure Facility Lenders.

  • Upon receipt of any amount from KEXIM by the KEXIM Guarantee Agent, the KEXIM Guarantee Agent shall promptly pay to the order of each KEXIM Guarantee Facility Lender that KEXIM Guarantee Facility Lender’s KEXIM Guarantee Proportionate Share of such amount and until so paid such amount shall be held by the KEXIM Guarantee Agent on trust absolutely for that KEXIM Guarantee Facility Lender.

  • Each KEXIM Guarantee Facility Lender represents and warrants to the KEXIM Guarantee Agent that it has not taken (or failed to take) any action that would result in any of KEXIM Guarantee Facility Lenders being in breach of any of their respective obligations as guaranteed parties, under the KEXIM Guarantee, or which would otherwise prejudice the KEXIM Guarantee Facility Lenders’ ability to make a claim under the KEXIM Guarantee.

  • Each Facility Lender agrees that it will not assert nor seek to assert against any director, officer, employee or agent of the Facility Agent, the K-Sure Agent, the GIEK Agent, KEXIM Guarantee Agent or against any other person acting or purporting to act on behalf of the Facility Agent, the K-Sure Agent, the GIEK Agent or the KEXIM Guarantee Agent any claim which it might have against them in respect of any of the matters referred to in this clause 15.6.

  • This clause 15.12 may not be amended without the consent of the Facility Agent, the K-Sure Agent, the GIEK Agent or, as the case may be, the KEXIM Guarantee Agent.

  • Neither the Facility Agent, the K-Sure Agent, the GIEK Agent nor the KEXIM Guarantee Agent shall have any liability to pay any sum to a Facility Lender, K-Sure Facility Lender, GIEK Facility Lender or, as the case may be, KEXIM Guarantee Facility Lender until it has itself received payment of that sum.


More Definitions of KEXIM Guarantee

KEXIM Guarantee means the guarantee agreement provided by KEXIM to the KEXIM Guarantee Facility Lenders and/or the KEXIM Guarantee Agent relating to the KEXIM Guarantee Facility. KEXIM Guarantee Agent means Korea Exchange Bank, Investment Banking Division or such other person as may be appointed agent for the KEXIM Guarantee Facility Lenders pursuant to clause 15.21 of this Agreement.
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KEXIM Guarantee means an absolute, irrevocable and unconditional on first demand guaranty entered into by KEXIM in the maximum principal amount of $202,087,805 plus interest in favor of the KEXIM Lenders, guaranteeing the obligations of the Borrower, in form and substance satisfactory to the ECA Agent (acting on the instructions of the KEXIM Lenders).
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KEXIM Guarantee means the guarantee issued by KEXIM providing political and commercial risk cover in an amount of up to one hundred percent (100%) of the KEXIM Guaranteed Loan Advances outstanding from time to time and accrued interest thereunder, including, for the avoidance of doubt, the KEXIM Guarantee Premium;
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KEXIM Guarantee means the guarantee issued or (as the context may require) to be issued by KEXIM as guarantor in favour of the KEXIM Guaranteed Facility Lenders (or the Security Agent on their behalf). "KEXIM Guarantee Premium" means, in respect of a Vessel, the amount of premium in respect of the issuance of the relevant KEXIM Guarantee paid to KEXIM on the Drawdown Date for the relevant KEXIM Guaranteed Facility Loan for such Vessel. The KEXIM Guarantee Premium payable in respect of a KEXIM Guaranteed Facility Loan shall be an amount equal to 2.10% of the KEXIM Guaranteed Facility Loan requested to be utilised in the Drawdown Notice for such KEXIM Guaranteed Facility Loan. "KEXIM Guaranteed Facility" means the term loan facility made available by the KEXIM Guaranteed Facility Lenders under this Agreement as described in Clause 2 (The Facility). "KEXIM Guaranteed Facility Commitment" means: (a) in relation to an Original KEXIM Guaranteed Facility Lender, the amount set opposite its name under the heading "KEXIM Guaranteed Facility Commitment" in Schedule 1 (The Original Parties and Commitments) and the amount of any other KEXIM Guaranteed Facility Commitment transferred to it under this Agreement; and (b) in relation to any other KEXIM Guaranteed Facility Lender, the amount of any KEXIM Guaranteed Facility Commitment transferred to it under this Agreement, to the extent not cancelled, reduced or transferred by it under this Agreement. "KEXIM Guaranteed Facility Lenders" means: (a) the Original KEXIM Guaranteed Facility Lenders; and (b) any bank or financial institution which has become a Party as a KEXIM Guaranteed Facility Lender in accordance with Clause 25 (Changes to the Parties), which in each case has not ceased to be a Party in accordance with the terms of this Agreement. "KEXIM Guaranteed Facility Loan" means an advance of the KEXIM Guaranteed Facility Commitments being the Relevant Percentage in relation to the KEXIM Guaranteed Facility of a Loan or the principal amount outstanding for the time being of that advance. “KEXIM Mandatory Prepayment Event” means each of the following events or circumstances: (a) it is or becomes unlawful for KEXIM to perform any of its obligations under the KEXIM Guarantee or for a Finance Party to receive the benefit of the KEXIM Guarantee; (b) any obligation or obligations of KEXIM under the KEXIM Guarantee are not or cease to be legal, valid, binding or enforceable or the KEXIM Guarantee is not or ceases to be in full force and ef...
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KEXIM Guarantee means the guarantee agreement dated on or about the date of this Agreement between KEXIM, the Security Agent and the KEXIM Covered Facility Lenders in respect of the KEXIM Covered Facility in agreed form.
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Related to KEXIM Guarantee

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Guarantee used as a verb has a corresponding meaning.

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • guarantee contract means a contract entered into by a person as guarantor;

  • Loan guarantee means any State or federal government

  • Note Guaranty means the guaranty of the Notes by a Guarantor pursuant to this Indenture.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Call Off Guarantee means a deed of guarantee in favour of a Contracting Body in the form set out in Framework Schedule 13 (Guarantee) and granted pursuant to Clause 3 of the Template Call Off terms;

  • Security Guarantee means the guarantee of the Securities executed by each Guarantor and the notation thereof executed pursuant to the provisions of this Indenture.

  • Guarantee and Collateral Agreement the Guarantee and Collateral Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time.