Common use of FFB Credit Facility Commitment Reductions and Cancellations Clause in Contracts

FFB Credit Facility Commitment Reductions and Cancellations. The Borrower may, on not less than fifteen (15) days prior written notice to DOE and upon the satisfaction of any consent requirement or other applicable provisions of each FFB Credit Facility Document, permanently cancel or reduce the unutilized portions of the FFB Credit Facility Commitment, in whole or in part, if:

Appears in 2 contracts

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

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FFB Credit Facility Commitment Reductions and Cancellations. The Borrower may, on not less than fifteen (15) days prior written notice to DOE and upon the satisfaction of any consent requirement or other applicable provisions of each FFB Credit Facility Document, permanently cancel or reduce the unutilized portions of the FFB Credit Facility Commitment, in whole or in part, but only if:

Appears in 2 contracts

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

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