Conditions Precedent to Note B First Advance Approval Sample Clauses

Conditions Precedent to Note B First Advance Approval. The obligation of DOE to deliver the first Note B Advance Request Approval Notice directing FFB to make the Note B First Advance in accordance with the Note Purchase Agreement and Note B is subject to the prior satisfaction (or waiver by DOE in writing) as determined by DOE of each of the following conditions precedent as of a date not later than the **** prior to the Requested Note B First Advance Date and to their continued satisfaction on the Requested First Advance Date for such Note B First Advance: