RE Act definition

RE Act shall have the meaning given to that term in the recitals hereto.
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. 901 et seq.).
RE Act means the Rural Electrifica- tion Act of 1936 as amended (7 U.S.C. 901 et seq.).

Examples of RE Act in a sentence

  • As a condition of a loan or loan guarantee under the RE Act, borrowers are normally required to enter into RUS loan agreements pursuant to which the borrower agrees to use RUS standard forms of contracts for construction, procurement, engi- neering services and architectural services financed in whole or in part by the RUS loan.

  • The Borrower shall pay a guarantee fee (the “Guarantee Fee”), to the RUS for deposit into the Rural Economic Development Subaccount maintained under Section 313(b)(2)(A) of the RE Act.

  • RUS may from time to time issue additional guarantees of loans of the Borrower pursuant to the RE Act.

  • Prior to the execution of this Agreement, the Secretary executed Guarantees for each of the Original Bonds pursuant to Section 313A of the RE Act.

  • The Borrower shall have certified to the Secretary (in the manner specified in paragraph (d) of this Section 3.2) that the Advance will be applied: (A) to fund new Eligible Loans under the RE Act; and/or (B) to refinance existing debt instruments of the Borrower, in the case of each such debt instrument up to the percentage certified by the Borrower in accordance with Section 3.2(a)(i)(C) hereof.


More Definitions of RE Act

RE Act means the Renewable Energy (Electricity) Act 2000 (Cth).
RE Act shall have the meaning given to that term in Recital 1.
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. 901- 950b), as amended.
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. §§ 901 et seq.). “ReConnect Program Construction Procedures" shall mean the procedures for construction and
RE Act shall have the meaning given to that term in the recitals hereto. Third Amended, Restated and Consolidated Bond Guarantee Agreement
RE Act means the Rural Electrification Act of 1936 (7 U.S.C. §§ 901 et seq.). “ReConnect Program Construction Procedures" shall mean the procedures for construction and Advances, attached hereto as Attachment 2.
RE Act shall have the meaning given to that term in Recital 1. "Regulations" shall have the meaning given to that term in Recital 1. "Reimbursement Note" shall mean the note issued by the Borrower to RUS, in the form of Annex C attached hereto, as the same may be amended, supplemented, consolidated or restated from time to time in accordance with the terms thereof and hereof. "Requested Advance Date" shall have the meaning given to that term in the Bond. "RUS" shall have the meaning given to that term in the Preamble. "Secretary" shall mean the Secretary of Agriculture acting through the Administrator. "Senior Secured Debt" of the Borrower means non-subordinated secured bonds or notes of the Borrower having an aggregate principal amount of at least $100,000,000 which, at the date hereof, means the Borrower's collateral trust bonds, provided, however, that "Senior Secured Debt" shall not include (i) any bonds issued by the Borrower to FFB that are guaranteed by RUS under the Program; (ii) up to $500,000,000 of debt designated by the Borrower as not being "Senior Secured Debt"; Series B Bond Guarantee Agreement