Examples of Loan Authorization Agreement in a sentence
Lender shall obtain from each Borrower an economic impact certification (“Economic Impact Certification”) in the form of Annex E covering the Items stated in Section 4.A. of a Loan Authorization Agreement prior to including such Items in the Loan Authorization Agreement.
It is a condition to the establishment of such Loan Facilities that EXIM Bank guarantee the payment of ninety percent (90%) of the Guaranteed Amount, subject to the terms and conditions of this Agreement, the Loan Authorization Agreement and, to the extent applicable, the Delegated Authority Letter Agreement and the Fast Track Lender Agreement.
This Agreement, the Loan Authorization Agreement, the Loan Documents and, to the extent applicable, the Delegated Authority Letter Agreement or Fast Track Lender Agreement constitute the complete agreement between the parties with respect to the subject matter hereof and thereof, supersede all prior agreements, commitments, understandings or inducements (oral or written, expressed or implied).
At all times prior to a Claim Payment and at all times thereafter until an Assignment Agreement, if any, is delivered, Lender shall enforce the Loan Documents and liquidate the Collateral for the joint benefit of Lender and EXIM Bank, subject to the priorities and the standard of care contemplated by this Agreement, any Loan Authorization Agreement, and any and all other agreements pertaining hereto or thereto.
In connection with any Renewal, Lender is required to re-submit all documentation as if the Loan Facility were an initial application, including the following: a completed Loan Application, the applicable application fee, the Facility Fee calculated based on an initial Loan Facility in accordance with Article III of this Agreement, a new duly executed Loan Authorization Agreement and a new duly executed Borrower Agreement.