Summary of the Meeting of the Board of Directors
Thursday, December 17, 1998CERTIFICATION FOR CLOSURE OF MEETING
[To be provided]
EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
DECEMBER 17, 1998
Item NO. 1
MULTIBUYER EXPORT CREDIT INSURANCE POLICY NO. ESC-196733
COMPREHENSIVE/NEW
Insured AMERICAN NATURAL SODA ASH CORP., WESTPORT, CT
Products SODIUM CARBONATE
Ex-Im Bank Liability (Millions): USD20+
Board Decision APPROVED
ITEM NO. 2
Working Capital Guarantee No. AP066390XB
Request for AMENDMENT OF FINAL COMMITMENT/RENEWAL
Applicant FIRST UNION NATIONAL BANK, N.A., PHILADELPHIA PA
Gteed Lender FIRST UNION NATIONAL BANK, N.A., PHILADELPHIA PA
Obligor(s): JOINTLY AND SEVERALLY
GSE POWER SYSTEMS INC., COLUMBIA MD
MSHI, INC., COLUMBIA MD
Guarantor(s): JOINTLY AND SEVERALLY
GSE SYSTEMS INC, COLUMBIA MD
GS INFORMATION SYSTEMS FSC, LTD., BRIDGETOWN BARBADOS
Products: POWER PLANT SIMULATORS, ETC.
Board Decision APPROVED
Items No. 3, 4, 5 & 6 - WITHDRAWN
ITEM NO 7
Country PHILIPPINES PC068870XX
Request for AMENDMENT OF PRELIMINARY COMMITMENT
Applicant TIDELAND SIGNAL CORPORATION, HOUSTON TX
Borrower DEPT OF FINANCE OF PHILIPPINES, METRO MANILA PHILIPPINES
Guarantor NONE
Buyer DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
End-user DEPT OF TRANSPORT & COMMUNICATIONS, METRO MANILA PHILIPPINES
Exporter TIDELAND SIGNAL CORPORATION, HOUSTON TX
Supplier TIDELAND SIGNAL CORPORATION, HOUSTON TX
Project Name MARINE SAFETY IMPROVEMENT PROJECT
Project Description ADMINISTRATION OF MARINE TRANSPORT
Product Description MARINE AIDS & NAVIGATIONAL EQUIPMENT
Ex-Im Bank Liability (Millions) USD5 - 20
PC Expiry Date 02/14/99
Board Decision APPROVED
MEETING OF BOARD OF DIRECTORS