Common use of Service Rate Evidence Clause in Contracts

Service Rate Evidence. RUS shall have received satisfactory evidence that the Awardee has duly adopted Service Rates for all proposed services which are designed with a view to (i) paying and discharging all taxes, maintenance expenses, and operating expenses of the Awardee, (ii) making all payments in respect of principal and interest on the Note(s) when and as the same shall become due, (iii) providing and maintaining reasonable working capital of the Awardee, and (iv) producing and maintaining the TIER specified in Section 5.8 hereof;

Service Rate Evidence. RUS shall have received satisfactory evidence that the Awardee has duly adopted Service Rates for all proposed services which are designed with a view to to: (i) paying and discharging all taxes, maintenance expenses, and operating expenses of the Awardee, ; (ii) making all payments in respect of principal and interest on the Note(s) when and as the same shall become due, ; (iii) providing and maintaining reasonable working capital of the Awardee, ; and (iv) producing and maintaining the TIER financial requirements specified in Section 5.8 hereof;

Service Rate Evidence. RUS shall have received satisfactory evidence that the Awardee has Awardees have duly adopted Service Rates for all proposed services which are designed with a view to (i) paying and discharging all taxes, maintenance expenses, and operating expenses of the AwardeeAwardees, (ii) making all payments in respect of principal and interest on the Note(s) when and as the same shall become due, (iii) providing and maintaining reasonable working capital of the AwardeeAwardees, and (iv) producing and maintaining the TIER specified in Section 5.8 hereof;