Useful Life. The Maturity Date occurs prior to the end of 90% of the projected useful life of the Project’s major physical assets, as calculated in accordance with Accounting Requirements.
Appears in 2 contracts
Samples: Loan Guarantee Agreement (Oglethorpe Power Corp), Loan Guarantee Agreement (Oglethorpe Power Corp)
Useful Life. The Maturity Date occurs prior to the end of 90% of the projected useful life of the Project’s major physical assets, as calculated in accordance with Accounting RequirementsGAAP.
Appears in 1 contract
Useful Life. The Maturity Date occurs prior to the end of 90% of the projected useful life of the Project’s 's major physical assets, as calculated in accordance with Accounting RequirementsGAAP.
Appears in 1 contract
Useful Life. The Maturity Date occurs prior to the end of the period equal to the lesser of (i) thirty (30) years or (ii) ninety percent (90% %) of the projected useful life of the Project’s major physical assets, as calculated in accordance with Accounting Requirements.
Appears in 1 contract
