Common use of Limitations on RUS Financed Extensions and Additions Clause in Contracts

Limitations on RUS Financed Extensions and Additions. The Borrower shall not extend or add to its System either by construction or acquisition without the prior written approval of the RUS if the construction or acquisition is financed or will be financed in whole or in part by the RUS.

Appears in 6 contracts

Samples: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)

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Limitations on RUS Financed Extensions and Additions. The Borrower shall not extend or add to its System either by construction or acquisition without the prior written approval of the RUS (which may include any approval of a construction work plan that describes such extension or addition to its System) if the construction or acquisition is financed or will be financed in whole or in part by the RUS.

Appears in 3 contracts

Samples: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)

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