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RE Act definition

RE Act shall have the meaning given to that term in the recitals hereto.
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. 901 et seq.).
RE Act means the Rural Electrifica- tion Act of 1936 as amended (7 U.S.C. 901 et seq.).

Examples of RE Act in a sentence

  • The Borrower and RUS are parties to that certain Eleventh Amended, Restated and Consolidated Bond Guarantee Agreement, dated as of December 18, 2024, pursuant to which RUS has agreed to issue guarantees of certain Bonds, as contemplated by Section 313A of the RE Act, upon the terms and subject to the conditions provided therein (the “Original Agreement”).

  • The Borrower shall have certified to the Secretary (in the manner specified in paragraph (d) of this Section 3.2) that the Advance will be applied: (A) to fund new Eligible Loans under the RE Act; and/or (B) to refinance existing debt instruments of the Borrower, in the case of each such debt instrument up to the percentage certified by the Borrower in accordance with Section 3.2(a)(i)(C) hereof.

  • RUS may from time to time issue additional guarantees of loans of the Borrower pursuant to the RE Act.

  • Upon presentation to RUS of the Series V Bond, and upon satisfaction of the conditions set forth in Section 3.1 of this Agreement, and subject to Section 2.3, the Secretary shall execute, pursuant to the RE Act, the Series V Guarantee.

  • The Secretary, or other agent of the Secretary on his or her behalf, shall have the right to service the Guaranteed Bonds, and periodically inspect the books and accounts of the Borrower to ascertain compliance with the provisions of the RE Act with respect to the guarantees under Section 313A thereof and the Bond Documents.


More Definitions of RE Act

RE Act shall have the meaning given to that term in Recital 1.
RE Act means the Renewable Energy (Electricity) Act 2000 (Cth).
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. 901- 950b), as amended.
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. §§ 901 et seq.). “ReConnect Program Construction Procedures" shall mean the procedures for construction and
RE Act means the Rural Electrifica- tion Act of 1936 (7 U.S.C. 901–950b), as amended. REA means the Rural Electrification Administration formerly an agency of the United States Department of Agri- culture and predecessor agency to RUS with respect to administering certain electric and telephone loan programs.
RE Act shall have the meaning given to that term in Recital 1. "Regulations" shall have the meaning given to that term in Recital 1. "Reimbursement Note" shall mean the note issued by the Borrower to RUS, in the form of Annex C attached hereto, as the same may be amended, supplemented, consolidated or restated from time to time in accordance with the terms thereof and hereof. "Requested Advance Date" shall have the meaning given to that term in the Bond. "RUS" shall have the meaning given to that term in the Preamble. "Secretary" shall mean the Secretary of Agriculture acting through the Administrator. "Senior Secured Debt" of the Borrower means non-subordinated secured bonds or notes of the Borrower having an aggregate principal amount of at least $100,000,000 which, at the date hereof, means the Borrower's collateral trust bonds, provided, however, that "Senior Secured Debt" shall not include (i) any bonds issued by the Borrower to FFB that are guaranteed by RUS under the Program; (ii) up to $500,000,000 of debt designated by the Borrower as not being "Senior Secured Debt"; Series B Bond Guarantee Agreement
RE Act means the “Rural Electrification Act of 1936,” as amended (7 U.S.C. § 901 et