Common use of Copies to Borrower; No Effect on Validity Clause in Contracts

Copies to Borrower; No Effect on Validity. Subject to Section 2.3.3 (No Liability), DOE shall provide a copy of each Drawstop Notice and Drawstop Withdrawal Notice to the Borrower upon the issuance thereof, provided that the failure to deliver a copy of any such notice to the Borrower shall have no effect on its validity.

Appears in 2 contracts

Samples: Loan Guarantee Agreement (Oglethorpe Power Corp), Loan Guarantee Agreement (Oglethorpe Power Corp)

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Copies to Borrower; No Effect on Validity. Subject to Section 2.3.3 (No Liability), DOE shall make commercially reasonable efforts to provide a copy of each Drawstop Notice and Drawstop Withdrawal Notice to the Borrower upon the issuance thereof, provided that the failure to deliver a copy of any such notice to the Borrower shall have no effect on its validity.

Appears in 2 contracts

Samples: Loan Guarantee Agreement (Georgia Power Co), Loan Guarantee Agreement (Georgia Power Co)

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