Common use of Depreciation Rates Clause in Contracts

Depreciation Rates. The Borrower shall not, without first complying with the requirements of Section 9.1, adopt any depreciation rate not previously approved for the Borrower by the RUS.

Appears in 6 contracts

Samples: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)

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Depreciation Rates. The Borrower shall not, without first complying with the requirements of Section 9.1, adopt any depreciation rate for the purposes of financial reporting or the establishment of Rates not previously approved for the Borrower by the RUS.

Appears in 3 contracts

Samples: Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp), Loan Contract (Oglethorpe Power Corp)

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Depreciation Rates. The Borrower shall not, without first complying with the requirements of Section 9.18.1, adopt any depreciation rate not previously approved for the Borrower by the RUS.

Appears in 1 contract

Samples: Lockbox Agreement (Oglethorpe Power Corp)

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