Sinosure Facility definition

Sinosure Facility has the meaning given to it in Part B of Schedule 1 (The Parties).
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Sinosure Facility means the Sinosure Facility Agreement dated on our about the date of this agreement made between (a) the Borrower; (b) HSBC France as arranger; (c) HSBC France as facility agent and (d) the Sinosure Lenders, in which the Sinosure Lenders have agreed to make available to the Borrower a loan facility in the amount of US$44,200,000.
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Sinosure Facility means one or more term loan facilities comprising an aggregate of up to a principal amount of $385,227,495 to be provided to certain Subsidiaries of the Parent Guarantor 5 for the acquisition by such Subsidiaries of six (6) 320,000 dwt very large crude oil carriers with hull numbers H1355, H1384, H1385, H1356, H1357 and H1358.”;
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Examples of Sinosure Facility in a sentence

  • The Sinosure Facility and the Commercial Facility bear interest at LIBOR plus a margin of 1.80% and 2.80% per annum, respectively.

  • Each drawdown is split evenly into two facilities, (i) a commercial facility (the "Commercial Facility"), and (ii) a Sinosure facility (the "Sinosure Facility"), which is being funded by the lenders under the Commercial Facility and insured by the China Export & Credit Insurance Corporation ("Sinosure").

  • Subject to Clause 15.2 (Retention of security), if the Security Agent is satisfied that all the Liabilities have been irrevocably paid in full and that the COFACE Facility Agreement and the Sinosure Facility Agreement have terminated, the Security Agent shall at the request and cost of the Assignor release, reassign or discharge (as appropriate) the Assigned Contracts from the Charges.

  • Proceeds shall be applied towards the repayment of this Facility and the Sinosure Facility on a pro-rata basis.

  • The Sinosure Facility is expected to be repaid in 10 equal semi-annual installments and the Commercial Facility is expected to be repaid at the final maturity date of the facility, or October 2025.

  • The Assignor makes the representations and warranties set out in Clause 18 (Representations) of the COFACE Facility Agreement and the Sinosure Facility Agreement to the Security Agent on the date of this Deed.

  • The Sinosure Facility is expected to be repaid in 10 equal semi-annual installments, and the Commercial Facility is expected to be repaid at the final maturity date of the facility, or October 2025.

  • The Borrower shall apply all amounts borrowed by it under this Facility towards the financing of the construction and launch of the Satellite and the payment of the premium to Sinosure in connection with the Sinosure Facility.

  • The loan is split into two facilities, (i) a commercial facility for up to $67.0 million (the "Commercial Facility"), and (ii) a Sinosure facility for up to $67.0 million (the "Sinosure Facility"), which is insured by the China Export & Credit Insurance Corporation ("Sinosure").

  • The loan is split into two facilities, (i) a commercial facility for up to $67.0 million (the "Commercial Facility"), and (ii) a Sinosure facility for up to $67.0 million (the "Sinosure Facility"), which is expected to be funded by the lenders under the commercial facility and insured by the China Export & Credit Insurance Corporation ("Sinosure").

Related to Sinosure Facility

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Eligible facility means a gas-fired electric generation facility with a nominal capacity of 1,000 MW or less.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Intermediate care facility means a licensed, residential public or private facility that is not a