出口买方信贷保险承保条件.pdf

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GENERAL CONDITIONS FOR BUYER CREDIT GUARANTEES

1 March, 2004

The Buyer Credit Guarantee entitles the Guarantee Holder to indemnification from Finnvera, in
accordance with these General Conditions, for Loss incurred as a result of the materialisation of
Political Risk or Commercial Risk.

The Guarantee Agreement may include conditions that complement or deviate from these General
Conditions.

1 DEFINITIONS

Capitalised terms used in these General Conditions shall have the following meanings:

Banking Day a day on which banks are generally open for business in Helsinki.

Berne Union the International Union of Credit and Investment Insurers.

Borrower the borrower specified in the Guarantee Agreement.

Buyer Credit Guarantee the buyer credit guarantee determined by the Guarantee Agreement to which
both the terms of the Guarantee Agreement and these General Conditions
apply.

Commercial Risk the risk specified in Clause .

Claim the claim for indemnification made by the Guarantee Holder.

Credit the credit specified in the Guarantee Agreement.

Credit Agreement the loan agreement and/or the debt instrument, specified in the Guarantee
Agreement, evidencing the Credit.

Credit Documents the Credit Agreement, documents relating to the Security and other finance
documentation relating to the Credit.

Delivery Contract the delivery contract specified in the Guarantee Agreement.

ECB Exchange Rate the euro foreign exchange reference rate published by the European Central
Bank. Should no such rate be available, the exchange rate will be the
average exchange rate quoted by three major international banks for the
purchase of such currency.