Local Cost Financed Portion definition

Local Cost Financed Portion means the U.S. Dollar value of Local Cost Goods and Services eligible for a Guarantee and in an amount specified in the relevant Ex-Im Bank Approval.
Local Cost Financed Portion shall have the meaning specified in the Eximbank Utilization Procedures.
Local Cost Financed Portion means the U.S. Dollar value of Local Cost Goods and Services eligible for a Guarantee and in an amount specified in the relevant Ex-Im Bank Approval. 5 If a Lessor wishes to use a different definition and Ex-Im Bank and the relevant Lessee agree, this different definition may be used and the Lessor's Request for Ex-Im Bank Approval should note that an alternative Reference Rate is requested. Ex-Im Bank's agreement to use an alternative Reference Rate must be noted in the relevant Ex-Im Bank Approval.

Examples of Local Cost Financed Portion in a sentence

  • The Guarantee of each such Credit shall only cover the Local Cost Goods and Services as approved by Ex-Im Bank as eligible for financing hereunder, described in the Acquisition List, and in an amount not to exceed the Local Cost Financed Portion.

  • The Guarantee of each such Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

  • The amount of the Foreign Currency Denominated Exposure Fee shall be calculated by: (a) determining the portion of the Lease Supplement Financed Amount, in the Foreign Currency, which represents the Financed Portion and the Local Cost Financed Portion (if any) of the Supply Contract; (b) multiplying the resultant amount by the Exposure Fee percentage, and (c) then converting that Foreign Currency amount into U.S. Dollars, at the Authorization Exchange Rate.

  • The Guarantee of each such Approved Credit shall only cover costs in respect of Local Cost Goods and Services subject to the provisions of Annex C hereto and in an amount not to exceed the Local Cost Financed Portion.

  • Upon satisfaction of the conditions set forth in Section 6, Lease Deliveries under the Credit with respect to each Credit may be made by delivery to the Lessee by the Lessor, and the acceptance by the Lessee, of Goods and Services and Local Cost Goods and Services under a Lease Supplement under which the Guaranteed Rent will reimburse the Lessor for the Financed Portion and Local Cost Financed Portion of payments to an Exporter, Local Cost Provider, or Ancillary Services Provider and/or Ex­Im Bank .

  • The Political Risk Guarantee of each such Credit shall only cover the Local Cost Goods and Services approved by Ex-Im Bank as eligible for financing hereunder, described in the Acquisition List, and in an amount not to exceed the Local Cost Financed Portion.

  • Upon satisfaction of the conditions set forth in Section 6, Lease Deliveries under the Credit with respect to each Credit may be made by delivery to the Lessee by the Lessor, and the acceptance by the Lessee, of Goods and Services and Local Cost Goods and Services under a Lease Supplement under which the Guaranteed Rent will reimburse the Lessor for the Financed Portion and Local Cost Financed Portion of payments to an Exporter, Local Cost Provider, or Ancillary Services Provider and/or Ex-Im Bank .