Common use of Secretary’s Guarantee of Note Clause in Contracts

Secretary’s Guarantee of Note. Upon execution of the guarantee set forth at the end of this Note (the “Guarantee”), the payment by the Borrower of all amounts due and payable under this Note, when and as due, shall be guaranteed by the United States of America, acting through the Secretary, pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42 U.S.C. § 16511 et seq.). In consideration of the Guarantee, the Borrower promises to the Secretary to make all payments due under this Note when and as due.

Appears in 4 contracts

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

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Secretary’s Guarantee of Note. Upon execution of the guarantee set forth at in the end form of this the Secretary’s Guarantee attached as Exhibit G to the Note Purchase Agreement (the “Guarantee”), the payment by the Borrower of all amounts due and payable under this Note, when and as due, shall be guaranteed by the United States of America, acting through the Secretary, pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42 U.S.C. § 16511 et seq.). In consideration of the Guarantee, the Borrower promises to the Secretary to make all payments due under this Note when and as due.

Appears in 2 contracts

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

Secretary’s Guarantee of Note. Upon execution of the guarantee set forth at in the end form of this the Secretary’s Guarantee No. 1 attached as Exhibit G-1 to the Note Purchase Agreement (the “Guarantee”), the payment by the Borrower of all amounts due and payable under this Note, when and as due, shall be guaranteed by the United States of America, acting through the Secretary, pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42 U.S.C. § 16511 et seq.). In consideration of the Guarantee, the Borrower promises to the Secretary to make all payments due under this Note when and as due.

Appears in 2 contracts

Samples: Note Purchase Agreement (Oglethorpe Power Corp), Loan Agreement (Oglethorpe Power Corp)

Secretary’s Guarantee of Note. Upon execution of the guarantee set forth at in the end form of this the Secretary’s Guarantee No. 2 attached as Exhibit G-2 to the Note Purchase Agreement (the “Guarantee”), the payment by the Borrower of all amounts due and payable under this Note, when and as due, shall be guaranteed by the United States of America, acting through the Secretary, pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42 U.S.C. § 16511 et seq.). In consideration of the Guarantee, the Borrower promises to the Secretary to make all payments due under this Note when and as due.

Appears in 1 contract

Samples: Note Purchase Agreement (Oglethorpe Power Corp)

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Secretary’s Guarantee of Note. Upon execution of the guarantee set forth at in the end form of this the Secretary’s Guarantee attached as Exhibit G to the Note Purchase Agreement (the "Guarantee"), the payment by the Borrower of all amounts due and payable under this Note, when and as due, shall be guaranteed by the United States of America, acting through the Secretary, pursuant to Title XVII of the Energy Policy Act of 2005, as amended (42 U.S.C. § 16511 et seq.). In consideration of the Guarantee, the Borrower promises to the Secretary to make all payments due under this Note when and as due.

Appears in 1 contract

Samples: Note Purchase Agreement (Georgia Power Co)

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