Common use of Amount and Purpose Clause in Contracts

Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 which, together with the sum of $7,950 to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 shall be used to finance, pursuant to the provisions of the Act, the construction and operation of telephone lines and facilities (hereinafter called the "Project") to be located in the Counties of DeKalb, Xxxxx and Xxxxxx and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Project Designation (DTC Communications Corp)

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Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 458,000 which, together with the sum of $7,950 18,255, to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 Section 2.4, shall be used to finance, pursuant to the provisions of the Act, the acquisition, construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 921 subscribers and to be located in the Counties of Xxxxxx, DeKalb, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Project Designation (DTC Communications Corp)

Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 352,000 which, together with the sum of $7,950 10,365, to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 2.4, shall be used to finance, pursuant to the provisions provision of the Act, the construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 691 subscribers and to be located in the Counties of Xxxxxx, DeKalb, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Telephone Loan Contract (DTC Communications Corp)

Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 919,000 which, together with the sum of $7,950 57,983 to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 2.4, shall be used to finance, pursuant to the provisions provision of the Act, the acquisition, construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 1,961 subscribers and to be located in the Counties of Xxxxxx, DeKalb, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Project Designation (DTC Communications Corp)

Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 3,945,000 which, together with the sum of $7,950 57,983 of equity funds to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 2.4, shall be used to finance, pursuant to the provisions of the Act, the acquisition,construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 5,604 subscribers and to be located in the Counties of Xxxxxx, DeKalb, Xxxxxxxxxx, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Telephone Loan Contract (DTC Communications Corp)

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Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 2,180,000 which, together with the sum of $7,950 57,983 to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 2.4, shall be used to finance, pursuant to the provisions of the Act, the acquisition, construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 3,831 subscribers and to be located in the Counties of Xxxxxx, DeKalb, Xxxxxxxxxx, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Telephone Loan Contract (DTC Communications Corp)

Amount and Purpose. For the purpose of furnishing telephone service in rural areas, the Government shall lend and the Borrower shall borrow an amount not in excess of $180,000 4,221,000 which, together with the sum of $7,950 57,983 of equity funds to be deposited by the Borrower in the "Special Construction Account" hereinafter defined and provided for in section 2.4 2.4, shall be used to finance, pursuant to the provisions of the Act, the acquisition, construction and operation of telephone lines and facilities (hereinafter called the "Project") to serve approximately 5,604 subscribers and to be located in the Counties of DeKalbXxxxxx, Dekalb, Xxxxxxxxxx, Xxxxx and Xxxxxx Xxxxxx, and in counties contiguous thereto, all in the State of Tennessee.

Appears in 1 contract

Samples: Project Designation (DTC Communications Corp)

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