Transaction Specific Revolving Loan Facility definition

Transaction Specific Revolving Loan Facility means a Revolving Credit Facility established to provide financing of Specific Export Orders.
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Transaction Specific Revolving Loan Facility means a Revolving Credit Facility established to provide financing of Specific Export Orders. "UCC" shall mean the Uniform Commercial Code as the same may be in effect from time to time in the jurisdiction in which Borrower or Collateral is located. "UCP" shall mean the Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500 and any amendments and revisions thereof. "U.S." or "United States" shall mean the United States of America and its territorial possessions. "U.S. Content" shall mean with respect to any Item all the labor, materials and services which are of U.S. origin or manufacture, and which are incorporated into an Item in the United States. "Warranty" shall mean Borrower's guarantee to Buyer that the Items will function as intended during the warranty period set forth in the applicable Export Order. "Warranty Letter of Credit" shall mean a Standby Letter of Credit which is issued or caused to be issued by Lender to support the obligations of Borrower with respect to a Warranty or a Standby Letter of Credit which by its terms becomes a Warranty Letter of Credit.
Sample 1
Transaction Specific Revolving Loan Facility means a Revolving Credit Facility established to provide financing of Specific Export Orders. “UCC” shall mean the Uniform Commercial Code as the same may be in effect from time to time in the jurisdiction in which Borrower or Collateral
Sample 1

Examples of Transaction Specific Revolving Loan Facility in a sentence

  • The Loan Facility is a Revolving Loan Facility (other than a Transaction Specific Revolving Loan Facility).

  • Notwithstanding the foregoing, if the Lender has determined that it will not renew a Revolving Loan Facility (including a Transaction Specific Revolving Loan Facility), the Lender shall not issue any Letters of Credit during the last 60 days of the Loan Facility Term that extend beyond the Final Disbursement Date without the prior written approval of Ex-Im Bank.

  • Type of Loan Facility and Exports supported: (1.) Type of Loan Facility:The Loan Facility is a Revolving Loan Facility (other than a Transaction Specific Revolving Loan Facility).

  • This special section is required for all Transaction-Specific Loan Facility and Transaction- Specific Revolving Loan Facility applications where the financing, whether Disbursements and/or performance bond (i.e., Standby Letter of Credit), is supporting a specific export sales contract.


More Definitions of Transaction Specific Revolving Loan Facility

Transaction Specific Revolving Loan Facility means a
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Related to Transaction Specific Revolving Loan Facility

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.