Export Proceeds definition

Export Proceeds means money received or receivable from the export of goods and services to countries outside Zimbabwe by a business organisation referred to in paragraph (b) of the definition of “exporter”, and includes a right to received money;
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Export Proceeds means any proceeds arising from an Export Receivable of the Borrower.
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Export Proceeds means foreign exchange received by an Exporter from the proceeds of Export activities.
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Examples of Export Proceeds in a sentence

  • Subject to Clause 6.2 (Payments prior to enforcement), the Creditors acknowledge and agree that the Company shall ensure that all Export Proceeds are credited in USD to the 07/13077045_9 7 Zenith Collection Account, pursuant to the terms of this Deed, for immediate further transfer in accordance with Clause 6.2 (Payments prior to enforcement) herein.

  • Contract Proceeds Membership Contribution Export Proceeds Gift 12 Other Connected Business / Professional Activities & Business Interest 13 Other Details / Remarks/Notes (if any) 14 Name of Person/s Authorized to Give Instructions 15 Bank Account Details Bank Branch Account No. Account Type Current Savings ▇▇▇▇▇ ▇▇▇▇▇ 16 Authorized Signatories Details Name of the Person Capacity 1.

  • For the avoidance of doubt, the Borrower shall not be permitted to carry out any of the actions referred to in sub-paragraphs (i) to (iv) above in any given fiscal year in the event that the Export Proceeds for each Excess Export Proceeds Period during such fiscal year are insufficient to repay the Loan in the amount equivalent to 50% of the Base Amount for each such Excess Export Proceeds Period during such fiscal year.


More Definitions of Export Proceeds

Export Proceeds means the monetary consideration paid or payable to an exporter in respect of goods or services exported from the Republic;
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Export Proceeds means money received or receivable from the export of goods and services—
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Export Proceeds means all proceeds paid or payable under the Sales Contract.
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Export Proceeds means all proceeds paid or payable under the Sales Contract. "Exclusive First Security Agreement" means the security agreement listed in Schedule 2 (Security Agreements) as the exclusive first security agreement. "Exclusive Second Security Agreement" means the security agreement listed in Schedule 2 (Security Agreements) as the exclusive second security agreement. "FCPA" has the meaning given to that term in Clause 9.1.1 (Anti-corruption law, anti-bribery law representation). "Financial Quarter" means the period commencing on the day after one Quarter Date and ending on the next Quarter Date. "First Creditor" means Zenith Bank or its successor who shall accede to this Deed as a First Creditor. "First Debt" means all Liabilities payable or owing by the Company to a First Creditor secured under the First Security Agreements. "First Security" means any Security Interest described in the First Security Agreements, to the extent it relates to the Export Proceeds. "First Security Agreements" means the security agreements listed in Schedule 2 (Security Agreements) as the first security agreements. "Holding Company" means, in relation to a person, any other person in respect of which it is a Subsidiary. "Liability" means any present or future liability (actual or contingent) whether or not matured or liquidated, together with:
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Related to Export Proceeds

  • Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).

  • Investment Proceeds means, with respect to any Distribution ------------------- Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1997-1 Accounts, together with an amount equal to the Series 1997-1 Investor Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Enforcement Proceeds means the gross proceeds from the realisation of Vehicles in respect of Purchased Receivables and from the enforcement of any other Ancillary Rights.

  • Gross Proceeds means a share of the gross production of oil, gas, condensate, and natural gas liquids free of any and all cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, marketing, or pipeline construction and maintenance.

  • Discount Proceeds means, with respect to any B/A, an amount (rounded upward, if necessary, to the nearest Cdn.$.01) calculated by multiplying (a) the face amount of such B/A by (b) the quotient obtained by dividing (i) one by (ii) the sum of (A) one and (B) the product of (x) the Discount Rate (expressed as a decimal) applicable to such B/A and (y) a fraction of which the numerator is the Contract Period applicable to such B/A and the denominator is 365, with such quotient being rounded upward or downward to the fifth decimal place and .000005 being rounded upward.