Common use of Alternate Credit Facility Clause in Contracts

Alternate Credit Facility. If the Borrower exercises its option to convert the interest rate borne by the Bonds from the Weekly Interest Rate to the Fixed Interest Rate pursuant to the terms and provisions of the Indenture, the Borrower may cause to be delivered to the Trustee an Alternate Credit Facility, effective as of the Fixed Rate Date, in lieu of keeping the Letter of Credit in place as required by Section 5.08 hereof. Such Alternate Credit Facility must meet the following conditions:

Alternate Credit Facility. If the Borrower exercises its option to convert the interest rate borne by the Bonds from the Weekly Interest Rate to the Fixed Interest Rate pursuant to the terms and provisions of the Indenture, the Borrower may cause to be delivered to the Trustee an Alternate Credit Facility, effective as of the Fixed Rate Date, in lieu of keeping the Letter of Credit in place as required by Section 5.08 hereof5.8. Such Alternate Credit Facility must meet the following conditions:

Alternate Credit Facility. If the Borrower exercises its option to convert the interest rate borne by the Bonds from the Weekly Interest Rate to the a Fixed Interest Rate pursuant to the terms and provisions of the Indenture, the Borrower may cause to be delivered to deposit with the Trustee an Alternate Credit Facility, effective as of the Fixed Rate Date, in lieu of keeping the Master Letter of Credit and the Standby Letter of Credit in place as required by Section 5.08 hereof5.8. Such The Alternate Credit Facility must meet the following conditions:

Alternate Credit Facility. If the Borrower exercises its option to convert the interest rate borne by the Bonds Notes from the Weekly Interest Rate to the Fixed Interest Rate pursuant to the terms and provisions of the this Indenture, the Borrower may cause to be delivered to the Trustee an Alternate Credit Facility, effective as of the Fixed Interest Rate Date, in lieu of keeping the Letter of Credit in place as required by Section 5.08 5.04 hereof. Such Alternate Credit Facility must meet the following conditions:

Alternate Credit Facility. If the Borrower exercises its option to convert the interest rate borne by the Bonds from the Weekly Interest Rate to the Fixed Interest Rate pursuant to the terms and provisions of the Indenture, the Borrower may cause to be delivered to the Trustee an Alternate Credit Facility, effective as of the Fixed Rate Date, in lieu of keeping the Letter of Credit and the Support Letter of Credit in place as required by Section 5.08 hereof. Such Alternate Credit Facility must meet the following conditions: