Common use of COMMITMENT CONDITIONS Clause in Contracts

COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s Guarantee guaranteeing such Note, unless and until each of the conditions specified in this article 3 has been satisfied.

Appears in 6 contracts

Sources: Note Purchase Agreement (PACIFIC GAS & ELECTRIC Co), Note Purchase Agreement (Eos Energy Enterprises, Inc.), Note Purchase Agreement

COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s 's Guarantee guaranteeing such Note, unless and until each of the conditions specified in this article 3 has been satisfied.

Appears in 4 contracts

Sources: Note Purchase Agreement (AEP Transmission Company, LLC), Note Purchase Agreement (Plug Power Inc), Note Purchase Agreement (Georgia Power Co)

COMMITMENT CONDITIONS. FFB shall be under no obligation to purchase the Note Notes under this Agreement, and the Secretary shall be under no obligation to issue the Secretary’s Guarantee Guarantees guaranteeing such NoteNotes, unless and until each of the conditions specified in this article 3 has been satisfied.

Appears in 1 contract

Sources: Note Purchase Agreement (Oglethorpe Power Corp)