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 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.”;
Sample 1

Examples of Sinosure Facility in a sentence

  • The Dollar Commercial Facility and the Sinosure Facility bear interest at USD LIBOR plus applicable margins.

  • 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.

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

  • 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.

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

  • UnauditedAudited Unaudited 31 March 202031 December 2019 31 March 2019 RO On 19 November 2009, the Company entered into a Common Terms Agreement (“CTA”), for credit facilities with a consortium of international and local banks with Standard Chartered Bank as the Dollar Commercial Facility Agent, Bank Muscat SAOG as the Rial Commercial Facility Agent and Bank of China, Shan dong Branch as the Sinosure Facility Agent.

  • Term Loan The Sinosure Facility $269,705,313 Bond The 8.5% Senior Notes – Senior unsecured notes due 2023 issued by Holdings under an indenture dated as of May 31, 2018 (the “Base Indenture”), between Holdings and The Bank of New York Mellon, as trustee (the “Trustee”), as supplemented by a supplemental indenture dated as of May 31, 2018 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between Holdings and the Trustee.

  • 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").

  • 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").

  • UnauditedAudited Unaudited Maturity31 March202031 December201931 March2019 RO On 19 November 2009, the Company entered into a Common Terms Agreement (“CTA”), for credit facilities with a consortium of international and local banks with Standard Chartered Bank as the Dollar Commercial Facility Agent, Bank Muscat SAOG as the Rial Commercial Facility Agent and Bank of China, Shondong Branch as Sinosure Facility Agent, collectively “the Mandated Lead Arranger”.

Related to Sinosure Facility

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • 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 any hospital, skilled nursing facility, intermediate care facility, or basic care facility licensed by the state department of health, or any assisted living facility licensed by the department of human services; and

  • Group care facility means an agency, other than a foster-family home, which is maintained and operated for the care of a group of children on a 24 hour basis. RCW 74.15.020

  • 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 the aggregate for the time being of each Lender’s Available Commitment.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Triage facility means a short-term facility or a portion

  • Residential child care facility means a twenty-four-hour residential facility where children live together with or are supervised by adults who are not their parents or relatives;

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • 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.

  • Residential care facility means an institution, residence, or facility that is licensed by the department of mental health under section 5119.22 of the Revised Code and that provides care for a child.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • 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.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

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

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • 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;

  • Adult foster care facility means an adult foster care facility licensed under the adult foster care facility licensing act, 1979 PA 218, MCL 400.701 to 400.737.

  • 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.

  • Day care facility means a child care facility that includes a day care home, preschool, child care center, school-age program or other facility of a type determined by the secretary to require regulation under the provisions of K.S.A. 65-501 et seq., and amendments thereto.

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