Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS one of the following: (a) an acceptance notice, which notice shall: (1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and (2) assign a Bond Identifier to the Bond for use by the Borrower and RUS in all communications to FFB making reference to the Bond; or (b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 15 contracts
Samples: Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond such Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the Bondsuch Note; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 4 contracts
Samples: Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Solyndra, Inc.)
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Notes that is are offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond each Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the Bondrespective Note; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 4 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement (Oglethorpe Power Corp), Note Purchase Agreement (Tesla Motors Inc)
Acceptance or Rejection of Principal Instruments. Within 5 five Business Days after delivery to FFB of the Principal Instruments relating to the Bond that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS the Secretary and the CDFI Fund one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Identifier to the such Bond for use by the Borrower Qualified Issuer, the Secretary, and RUS the CDFI Fund in all communications to FFB making reference to the such Bond; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Samples: Bond Purchase Agreement
Acceptance or Rejection of Principal Instruments. Within 5 five Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) or email to RUS the Agency one of the following::
(a) an acceptance notice, which notice shall::
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond such Note for use by the Borrower and RUS the Agency in all communications to FFB making reference to the Bondsuch Note; oror
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Acceptance or Rejection of Principal Instruments. Within 5 five Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) or email to RUS the Agency one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond such Note for use by the Borrower and RUS the Agency in all communications to FFB making reference to the Bondsuch Note; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the BondNote; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Notes that is are offered for purchase under this Agreement, FFB shall deliver by electronic or facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond such Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the Bondsuch Note; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond such Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the Bondsuch Note; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.. DOE (Title XVII) SOLYNDRA
Appears in 1 contract
Samples: Note Purchase Agreement
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond Note that is offered for purchase under this Agreement, FFB shall deliver by electronic or facsimile transmission (fax) to RUS the Department one of the following:
(a) an acceptance notice, which notice shall:
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Note Identifier to the Bond Note for use by the Borrower and RUS the Department in all communications to FFB making reference to the BondNote; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Samples: Note Purchase Agreement (Eos Energy Enterprises, Inc.)
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS one of the following:
: (a) an acceptance notice, which notice shall:
: (1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
and (2) assign a Bond Identifier to the Bond for use by the Borrower and RUS in all communications to FFB making reference to the Bond; or
or (b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Samples: Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Acceptance or Rejection of Principal Instruments. Within 5 Business Days after delivery to FFB of the Principal Instruments relating to the Bond that is offered for purchase under this Agreement, FFB shall deliver by facsimile transmission (fax) to RUS one of the following:
(a) an acceptance notice, which notice shall:: RUS
(1) state that the Principal Instruments meet the terms and conditions detailed in article 3 of this Agreement, or are otherwise acceptable to FFB; and
(2) assign a Bond Identifier to the Bond for use by the Borrower and RUS in all communications to FFB making reference to the Bond; or
(b) a rejection notice, which notice shall state that one or more of the Principal Instruments does not meet the terms and conditions of this Agreement and specify how such instrument or instruments does not meet the terms and conditions of this Agreement.
Appears in 1 contract
Samples: Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)