Initial Rates. After making each Advance, FFB shall deliver, by facsimile transmission, to the Borrower and RUS written confirmation of the making of the respective Advance, which confirmation shall: (a) state the date on which such Advance was made; (b) state the interest rate applicable to such Advance; and (c) assign an Advance Identifier to such Advance for use by the Borrower and RUS in all communications to FFB making reference to such Advance.
Appears in 17 contracts
Sources: Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Bond Purchase Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Initial Rates. After making each Advance, FFB shall deliver, by facsimile transmission, to the Borrower and RUS the Secretary written confirmation of the making of the respective Advance, which confirmation shall:
(a) state the date on which such Advance was made;
(b) state the interest rate applicable to such Advance; and
(c) assign an Advance Identifier to such Advance for use by the Borrower and RUS the Secretary in all communications to FFB making reference to such Advance.
Appears in 3 contracts
Sources: Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Oglethorpe Power Corp), Note Purchase Agreement (Georgia Power Co)