Common use of Program Financing Commitment Amount Clause in Contracts

Program Financing Commitment Amount. At the time that the Note is offered to FFB for purchase under this Agreement, the maximum principal amount of the Note, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and which notes have been guaranteed by the Secretary pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.

Appears in 3 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Solyndra, Inc.), Note Purchase Agreement (Beacon Power Corp)

AutoNDA by SimpleDocs

Program Financing Commitment Amount. At the time that the each Note is offered to FFB for purchase under this Agreement, the aggregate maximum principal amount of the NoteNotes, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and in connection with which notes have been guaranteed by the Secretary has undertaken certain reimbursement obligations pursuant to the Guarantee ActProgram Authority, shall not exceed the Program Financing Commitment Amount.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Tesla Motors Inc)

Program Financing Commitment Amount. At the time that the Note is offered to FFB for purchase under this Agreement, the maximum principal amount of the Note, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be "Borrowers" for purposes of the Program Financing Agreement and which notes have been guaranteed by the Secretary pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.

Appears in 2 contracts

Samples: Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Georgia Power Co)

Program Financing Commitment Amount. At the time that the Note is offered to FFB for purchase under this Agreement, the maximum principal amount of the Note, when added to the aggregate maximum principal amount of all other notes Notes that have been issued by entities that have been designated by the Secretary Administrator in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and which notes Notes have been guaranteed by the Secretary Administrator pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Matson, Inc.)

Program Financing Commitment Amount. At the time that the each Note is offered to FFB for purchase under this Agreement, the aggregate maximum principal amount of the NoteNotes, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be "Borrowers" for purposes of the Program Financing Agreement and in connection with which notes have been guaranteed by the Secretary has undertaken certain reimbursement obligations pursuant to the Guarantee ActProgram Authority, shall not exceed the Program Financing Commitment Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Ford Motor Co)

Program Financing Commitment Amount. At the time that the Note is Notes are offered to FFB for purchase under this Agreement, the maximum principal amount of the NoteNotes, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and in connection with which notes have been guaranteed by the Secretary has undertaken certain reimbursement obligations pursuant to the Guarantee ActProgram Authority, shall not exceed the Program Financing Commitment Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Li-Cycle Holdings Corp.)

AutoNDA by SimpleDocs

Program Financing Commitment Amount. At the time that the Note is offered to FFB for purchase under this Agreement, the aggregate maximum principal amount of the Note, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and which notes have been guaranteed by the Secretary pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Oglethorpe Power Corp)

Program Financing Commitment Amount. At the time that the Note is offered to FFB for purchase under this Agreement, the maximum principal amount of the Note, when added to the aggregate maximum principal amount of all other notes Notes that have been issued by entities that have been designated by the Secretary Administrator in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and which notes Notes have been guaranteed by the Secretary Administrator pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.. ​

Appears in 1 contract

Samples: Note Purchase Agreement (Matson, Inc.)

Program Financing Commitment Amount. At the time that the each Note is offered to FFB for purchase under this Agreement, the aggregate maximum principal amount of the NoteNotes, when added to the aggregate maximum principal amount of all other notes that have been issued by entities that have been designated by the Secretary in Designation Notices to be “Borrowers” for purposes of the Program Financing Agreement and which notes have been guaranteed by the Secretary pursuant to the Guarantee Act, shall not exceed the Program Financing Commitment Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Oglethorpe Power Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!