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´ëÃâ°è¾à¼­(Interbank Export Loan Agreement)

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TZ-SHR-936688
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2018.10.05
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39 page / 154.5 KB
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1Á¶ Definitions and Interpretation

2Á¶ The Line of Credit

3Á¶ Eligible Transaction and Loan

4Á¶ Interest; Default Interest, Etc.

5Á¶ Conditions Precedent


6Á¶ Disbursement

7Á¶ Repayment and Prepayment

8Á¶ Place of Payment, etc.

9Á¶ Representations and Warranties

10Á¶ Covenants

11Á¶ Events of Default

12Á¶ Governing Law, Jurisdiction, and Process Agent

13Á¶ Miscellaneous

interbank export loan agreement  between  [name of the borrower]  as borrower  and   the export-import bank of korea  as lender  dated as of [(] , 20[(]  contents  section page  
section 1.definitions and interpretation 1
section 2.the line of credit 5
section 3.eligible transaction and loan 6
section 4.interest; default interest, etc.6
section 5.conditions precedent 9
section 6.disbursement 10
section 7.repayment and prepayment 13
section 8.place of payment, etc.14
section 9.representations and warranties 15
section 10.covenants 17
section 11.events of default 18
section 12.governing law, jurisdiction, and process agent 21
section 13.miscellaneous 22
exhibit a loan application 26  exhibit b loan approval 28  exhibit c request for disbursement 30  exhibit d certificate of authority 31  
exhibit e opinion of counsel to the borrower 32
exhibit f acceptance letter of process agent 35
interbank export loan agreement  
this interbank export loan agreement (the agreement) made and entered into as of the [] day of [] , 20[] by and between :
[name of the borrower] (the borrower), a financial institution duly organized and existing under the laws of [borrowers country] with its registered head office at [] and;
the export-import bank of korea (the eximbank), a bank duly organized and existing under the export-import bank of korea act of the republic of korea with its registered head office at xxx-xxx yoido-dong, youngdungpo-gu, seoul, korea
witnesseth:  
whereas, the borrower has requested the eximbank to extend to the borrower a long-term line of credit in the maximum amount of [] united states dollars (us$ []) for the borrower to finance the purchase by the purchaser (as defined in subsection 1.1) of the goods and services (as defined in subsection 1.1) and subject to the terms and conditions of this agreement, the eximbank has agreed to extend the requested line of credit to the borrower.
now, therefore, the borrower and the eximbank agree as follows:
section 1.definitions and interpretation
1.1 definitions.the following terms, unless the context otherwise requires, have the meanings set forth below whenever used in this agreement including the exhibits hereto:
availability period means the period commencing on the date hereof and terminating on the earlier of (i) [], 20[] ([twenty-four (24) months] from the date hereof) or such later date as may be agreed upon between the borrower and the eximbank and (ii) the date on which the line of credit is cancelled in accordance with the terms and conditions of this agreement.
banking day means a day on which banks are open for business in new york.
commitment fee means the commitment fee payable by the borrower to the eximbank in accordance with subsection 4.6.
contract means a contract (to be) made between the supplier and the purchaser for the purchase of the goods and services    (ÀÌÇÏ »ý·«)