COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s Guarantee guaranteeing such Note, unless and until each of the conditions specified in this article 3 has been satisfied.
Appears in 4 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement (Oglethorpe Power Corp), Note Purchase Agreement (Solyndra, Inc.)
COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s 's Guarantee guaranteeing such Note, unless and until each of the conditions specified in this article 3 has been satisfied.
Appears in 2 contracts
Samples: Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Georgia Power Co)
COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note Notes under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s Guarantee Guarantees guaranteeing such NoteNotes, unless and until each of the conditions specified in this article 3 has been satisfied.
Appears in 1 contract
