Common use of Options to Purchase; Assignment; Etc Clause in Contracts

Options to Purchase; Assignment; Etc. The Borrower shall not, without the prior written approval of the RUS, exercise any of its options to purchase or renew its lease of an “Undivided Interest” as defined in the Xxxxxxx Participation Agreements; or assign, sublease, transfer or encumber its leasehold interest in the Undivided Interest.

Appears in 6 contracts

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

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Options to Purchase; Assignment; Etc. The Borrower shall not, without the prior written approval of the RUS, exercise any of its options to purchase or renew its lease of an "Undivided Interest" as defined in the Xxxxxxx Participation Agreements; or assign, sublease, transfer or encumber its leasehold interest in the Undivided Interest.

Appears in 2 contracts

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

Options to Purchase; Assignment; Etc. The Borrower shall not, without with the prior written approval of the RUS, exercise any of its options to purchase or renew its lease of an “Undivided Interest” as defined in the Xxxxxxx Participation Agreements; or assign, sublease, transfer or encumber its leasehold interest in the Undivided Interest.

Appears in 1 contract

Samples: Loan Contract (Oglethorpe Power Corp)

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Options to Purchase; Assignment; Etc. The Borrower shall not, without with the prior written approval of the RUS, exercise any of its options to purchase or renew its lease of an "Undivided Interest" as defined in the Xxxxxxx Participation Agreements; or assign, sublease, transfer or encumber its leasehold interest in the Undivided Interest.

Appears in 1 contract

Samples: Lockbox Agreement (Oglethorpe Power Corp)

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