FFB definition

FFB means the Federal Financing Bank, a body corporate and instrumentality of the United States of America.

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FFB shall have the meaning given to that term in the recitals hereto.

FFB means the Federal Financing Bank, an instrumentality and wholly-owned corporation of the Government, and any successor to the powers and rights thereof with respect to the Notes.

Examples of FFB in a sentence

• DOE has been authorized to arrange for FFB to make loans to manufacturers of advanced technology vehicles and components pursuant to the ATVM Program, as set forth in Section 136.

• At its own expense, such Sponsor Entity shall furnish or cause to be furnished to DOE by an Acceptable Delivery Method, and, if requested by FFB or DOE on behalf of FFB, to FFB by email transmission, with a reproduction of the signatures where required, and as soon as available, but, in any event, within ten (10) Business Days after the receipt thereof by such Sponsor Entity, copies of all other material annual or interim reports submitted to such Sponsor Entity by such Borrower Entity’s Accountant.

• Each of DOE, FFB, and each subsequent holder of the Note or any portion of the Note shall promptly notify the Sponsor Entities after any such set-off and application made by it; provided, that the failure to give such notice shall not affect the validity of such set-off and application.

• Upon such termination, provided any outstanding Secured Obligations have been paid in full, all obligations owed by the Borrower Entities to each of DOE and FFB shall automatically be released and discharged without premium or penalty (other than those provisions that expressly survive such termination).

• In no event shall DOE, FFB or any subsequent holder of the Note be liable: (A) for acting in accordance with, or relying upon, any entitlement order, instruction, notice, demand, certificate or document from the Borrower or any entity acting on behalf of the Borrower; or (B) in the case of FFB or any subsequent holder of the Note, for acting in accordance with, or relying upon, any Drawstop Notice issued by DOE.

More Definitions of FFB

FFB means the Federal Financing Bank, an instrumentality of the United States government created by the Federal Financing Bank Act of 1973, as amended, that is under the general supervision of the Secretary of Treasury.

FFB. The Federal Financing Bank, a body corporate and instrumentality of the United States of America.

FFB means the Federal Financing Bank, a U.S. government corporation by that name;

FFB means the Federal Financing Bank, an instrumentality of the United States government created by the Federal Financing Bank Act of 1973 that is under the general supervision of the Secretary of Treasury.

FFB means the Federal Financing Bank.

FFB shall have the meaning set forth in recital 3.

FFB shall have the meaning given to that term in Recital 1.