Conditions to Advances Under any Partially Unadvanced Note or any New FFB Note. The obligation of the RUS to approve any Advance under any Partially Unadvanced Note or any New FFB Note is subject to the satisfaction of each of the following conditions precedent on or before the date of such Advance (all documents, certificates and other evidence of such conditions precedent are to be satisfactory to the RUS in its reasonable discretion; such satisfaction (or waiver thereof) to be evidenced by the approval or making of the requested Advance):
Appears in 2 contracts
Sources: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)