Export Order definition
Examples of Export Order in a sentence
Bank may rely on information set forth in or provided with the Advance Request and Invoice Transmittal and Export Order.
Whenever the Borrower makes a request for an Advance based on Eligible Export Inventory, it shall also indicate in its books and records that such Inventory has been designated to fulfill an Export Order and shall no longer be considered Eligible Inventory under the NBCI Credit Facility.
Standby Letters of Credit may be issued for Borrower's account for use as a performance bond, which Standby Letters of Credit can be drawn upon by Buyers only if Borrower fails to perform its obligations with respect to the relevant Export Order.
Each Loan and Letter of Credit hereunder is subject to the condition precedent that the Bank shall have reviewed and approved in its sole discretion the terms and conditions, including without limitation that there exists satisfactory evidence that the Items will in fact be exported, of the applicable Export Order or Indirect Export Order and, if required by the Bank, any Direct Export Contracts.
The Borrower, each Subsidiary, the Guarantors, and the Bank shall have obtained all Governmental Approvals required for the making and carrying out of this Agreement, the making of the Loans and the issuance of Letters of Credit pursuant hereto and the issuance of the Note to evidence such Loans and the execution, delivery and performance of the applicable Export Order or Indirect Export Order.