Common use of Status of Obligations Clause in Contracts

Status of Obligations. The issuance to the Designated Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Designated Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.

Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond Bonds provides the Lenders, as beneficial holders of the Senior Bond Bonds through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.

Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.

Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond BondsBond provides the Lenders, as beneficial holders of the Senior Bond BondsBond through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.

Status of Obligations. The issuance to the Designated Custodial Agent of the Senior Bond provides the LendersFFB and DOE, as beneficial holders of the Senior Bond through the Designated Custodial Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.