RUS Approval Sample Clauses

The RUS Approval clause requires that certain actions, decisions, or documents within an agreement are subject to review and approval by the Rural Utilities Service (RUS), a federal agency overseeing rural infrastructure projects. In practice, this means that before proceeding with specific project milestones, such as construction, financing, or equipment procurement, the involved parties must obtain written consent or confirmation from RUS. This clause ensures compliance with federal funding requirements and standards, ultimately safeguarding the interests of both the government and the project stakeholders by preventing unauthorized or non-compliant activities.
RUS Approval. The effectiveness of this Agreement shall be dependent upon obtaining approval, if necessary, of RUS or of any other Governmental Authority having jurisdiction.
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RUS Approval. OPC shall use its best reasonable efforts to obtain RUS approval of the long term arrangement contemplated in Section 6.1(c).
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RUS Approval. This Agreement, and if required any amendments hereto, shall not be binding upon the Parties until approved by the Administrator of the RUS.
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RUS Approval. The effectiveness of this Agreement and Amendment is subject to the condition that OPC has obtained the approval of the Administrator of the Rural Utilities Service required under OPC’s loan contract with the Rural Utilities Service for the amendments to the Ownership Participation Agreement contained herein.
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RUS Approval. 34 17.20 Other..................................................34 17.21 Novation of Interim Agreement..........................34 Schedule A Exhibits (i) OPC Resources 3.2(ii) [ ]* 3.3 LPM's Share of Participating Member OPC Resources 4.1(b) [ ]* 5.3 LPM Sales Price 5.4.1 (a) [ ]* 5.4.1(b) [ ]* 5.4.5 [ ]* 5.4.6 [ ]* 5.4.7(a) [ ]* 5.4.7(b) [ ]* 5.4.8(a) [ ]* 5.4.8(b) [ ]* 17.2 Notices and Payment 18 Map of EMC Service Territory ------------------------------------ * Indicates information that has been filed separately with the Secretary of the Commission as an attachment to a request for confidentiality with respect to the omitted information. POWER PURCHASE AND SALE AGREEMENT AMONG LG&E POWER MARKETING INC. LG&E POWER INC. AND OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP GENERATION AND TRANSMISSION CORPORATION) This Power Purchase and Sale Agreement dated as of January 1, 1997, together with any permitted future amendments ("Agreement") is entered into by and among Oglethorpe Power Corporation (An Electric Membership Generation and Transmission Corporation), a corporation organized and existing under Title 46 of the Official Code of Georgia Annotated, together with any permitted successor or assign ("OPC"), LG&E Power Inc., a corporation organized and existing under the laws of the State of Delaware, together with any permitted successor or assign ("LPI"), and LG&E Power Marketing Inc., a corporation organized and existing under the laws of the State of California, together with any permitted successor or assign ("LPM") (collectively, LPI and LPM are referred to herein as "LG&E Parties").
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RUS Approval. Loan terms and conditions and the loan agreement be- tween the borrower and the lender are subject to RUS approval. However, RUS will usually waive its right of ap- proval for distribution borrowers that meet the conditions for advance ap- proval of a lien accommodation or sub- ordination set forth in § 1717.854. RUS may also waive its right of approval in other cases. RUS’s decision to waive its right of approval will depend on the adequacy of security for RUS’s loans, the current and projected financial strength of the borrower and its ability to meet its financial obligations, RUS’s familiarity with the lender and its lending practices, whether the trans- action is ordinary or unusual, and the uncertainty and credit risks involved in the transaction.
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RUS Approval. The effectiveness of this First Amendment is subject to the condition that OPC has obtained the approval of the Administrator of the Rural Utilities Service required under OPC’s loan contract with the Rural Utilities Service for the amendments contained herein.
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RUS Approval. OPC shall use its best reasonable efforts to obtain RUS approval of this Agreement.
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Related to RUS Approval

  • FCC Approval Notwithstanding anything to the contrary contained in this Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Lenders by this Agreement or any of the other Loan Documents, including, at the Borrower’s cost and expense, the use of the Borrower’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Agreement or any of the other Loan Documents for which such approval is required by Law.

  • HSR Approval All applicable waiting periods (and any extensions thereof) under the HSR Act in respect of the Transactions shall have expired or been terminated.

  • Shareholders' Approval The Company shall: (a) call a special meeting of the Shareholders (the "Shareholders' Meeting") within 30 days (or such other period as may be required by applicable law) after the S-4 shall have been declared effective by the SEC for the purpose of obtaining the approval of the Merger, this Agreement and the Plan of Merger and the transactions contemplated hereby and thereby (the "Shareholder Action"); and (b) recommend that the Shareholders vote in favor of the Merger and approve this Agreement and the Plan of Merger and take or cause to be taken all such other action as may be required by the New Jersey Statute and any other applicable law in connection with the Merger, this Agreement and the Plan of Merger, in each case as promptly as possible. The Company shall prepare and distribute any written notice and other materials relating to the Shareholder Action, including, without limitation, a proxy statement (the "Shareholder Statement"), in accordance with the Certificate and by-laws of the Company, the New Jersey Statute and any other Federal and state laws relating to the Merger, such Shareholders' Meeting or any other transaction relating to or contemplated by this Agreement (collectively, the "Shareholders' Materials"); PROVIDED, HOWEVER, that Parent and its counsel shall have the opportunity to review all Shareholders' Materials prior to delivery to the Shareholders, and all Shareholders' Materials shall be in form and substance reasonably satisfactory to Parent and its counsel; PROVIDED, FURTHER, HOWEVER, that if any event occurs which should be set forth in an amendment or supplement to any Shareholders' Materials, the Company shall promptly inform Parent thereof (or, if such event relates solely to Parent, Parent shall promptly inform the Company thereof), and the Company shall promptly prepare an amendment or supplement in form and substance satisfactory to Parent in accordance with the Certificate and by-laws of the Company, the New Jersey Statute and any other Federal or state laws.

  • Application Approval Our representative will notify you (or one of you, if there are co-applicants) of the Application approval, execute the Lease agreements for signature prior to occupancy, and, once complete, credit the application deposit of all applicants toward the required security deposit.

  • NASDAQ Approval The Company shall have filed with Nasdaq a Notification Form: Listing of Additional Shares for the listing of the Shares.