MGA Foreign Currency Supplement definition

MGA Foreign Currency Supplement means any Long Term MGA Supplement (Foreign Currency Guarantee) entered into between the Lender and Ex-Im Bank on or after the date hereof, including any Annex or other attachment thereto, as amended or otherwise modified from time to time.
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MGA Foreign Currency Supplement means any Master Guarantee Agreement – Finance Lease Foreign Currency Supplement for medium­term credits, entered into between the Lessor and Ex­Im Bank on or after the date hereof, including any Annex or other attachment thereto, as amended or otherwise modified from time to time.
Sample 1
MGA Foreign Currency Supplement means any Long Term MGA Supplement (Foreign Currency Guarantee) entered into between the Agent and Ex-Im Bank on or after the date hereof, including any Annex or other attachment thereto, as amended or otherwise modified from time to time. 5If a particular Agent needs to use a different LIBOR definition and Ex-Im Bank and the relevant Borrower agree, then such Agent may use this different definition, and the Agent’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 reflected in the relevant Ex-Im Bank Approval. hereof, including any Annex or other attachment thereto, as amended or otherwise modified from time to time.
Sample 1

Examples of MGA Foreign Currency Supplement in a sentence

  • The Lender may only request a Comprehensive Guarantee with respect to a proposed financing of a Foreign Currency Credit if the Lender and Ex-Im Bank have entered into an MGA Foreign Currency Supplement and all conditions to the effectiveness of this Agreement and such supplement have been satisfied.

  • The Agent may only request a Comprehensive Guarantee with respect to a proposed financing of a foreign currency Buyer Credit if the Agent and Ex-Im Bank have entered into an MGA Foreign Currency Supplement and all conditions to the effectiveness of this Agreement and such supplement have been satisfied.

  • Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the MGA Foreign Currency Supplement (Medium Term).

  • Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned thereto in the MGA Foreign Currency Supplement – Finance Lease (Medium Term).

  • The Ex-Im Bank Guarantee coverage will be [choose one]1: 1If the Agent wishes to request a Comprehensive Guarantee for a Foreign Currency Credit, then the Agent must sign an MGA Foreign Currency Supplement and submit a Form of Request for Ex-Im Bank Approval in the form of Annex A to the MGA Foreign Currency Supplement.

  • The Lender may only request approval of a Comprehensive Guarantee with respect to a proposed financing of a Supplier Credit or Foreign Currency Credit if the Lender and Ex-Im Bank have entered into an MGA Supplier Credit Supplement or MGA Foreign Currency Supplement, as applicable, and all conditions to the effectiveness of the relevant agreement have been satisfied.

Related to MGA Foreign Currency Supplement

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

  • Foreign Currency Loan means any Loan denominated in a Foreign Currency.

  • Foreign Currency Sublimit means $100,000,000.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Foreign Currency means any currency other than the currency of Kenya;

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Foreign Currencies means Agreed Currencies other than Dollars.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension:

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Dollar Equivalent of the Foreign Currency has the meaning specified in Section 312(f).

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Alternative Currency Term Rate means, for any Interest Period, with respect to any Credit Extension:

  • Alternative Currency Daily Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Offshore Currency Loan means any Offshore Rate Loan denominated in an Offshore Currency.