Local Cost Goods and Services definition

Local Cost Goods and Services means, with respect to any Transaction, any goods and/or services specified as such in the relevant Ex-Im Bank Approval, as described in greater detail in the relevant Acquisition List. Ex-Im Bank shall determine what does and does not constitute Local Cost Goods and Services, and such determination shall be conclusive and binding for all purposes.
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Local Cost Goods and Services are all goods originating in the Purchaser’s Country and all services provided by residents of the Purchaser’s Country as well as import taxes and customs duties. For more information, refer to the “Local Cost Policy” at ▇▇▇.▇▇▇▇.▇▇▇.
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Examples of Local Cost Goods and Services in a sentence

  • Each invoice (other than any invoice for Local Cost Goods and Services) must include the U.S. street address of the Exporter or Ancillary Services Provider thereof, as the case may be, unless otherwise approved in writing by Ex-Im Bank.

  • We do not request that the Guarantee cover the financing of Local Cost Goods and Services.

  • For each Credit, Ex-Im Bank will provide a Guarantee with respect to the financing of Local Cost Goods and Services only if specifically indicated in the relevant Ex-Im Bank Approval.

  • 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.

  • We hereby request that the Guarantee cover the financing of Local Cost Goods and Services in the manner specified by the MGA.

  • We hereby request that the Guarantee cover the financing of Local Cost Goods and Services in the manner specified by the MGA, and have attached hereto an explanation of the grounds for this request.

  • Copies of the invoice(s) for the Goods and/or Services or Local Cost Goods and Services to be financed under the requested Lease Delivery, bearing or accompanied by evidence that the Exporter(s), Ancillary Services Provider(s) or Local Cost Provider(s) thereof, as the case may be, has been paid.

  • Evidence of payment is required for Local Cost Goods and Services and Ancillary Services (other than those provided by the Lessor which is a U.S. entity).

  • Subject to the terms and conditions of this Agreement, the relevant Lease Agreement and Lease Supplement and the relevant Ex-Im Bank Approval, the Guarantee shall cover Lease Supplement Financed Amount for each Lease Delivery up to the following maximum amount: 6 Guarantee support for Local Cost Goods and Services must be specifically authorized by Ex-Im Bank’s Board of Directors.