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Common use of Government Grant Clause in Contracts

Government Grant. Borrower shall, as soon as practicable, apply for and otherwise cause the Stetson II Project to qualify for the maximum allowable Government Grant pursuant to the American Recovery and Reinvestment Act of 2009 and to provide the Administrative Agent with a copy of all application documents and related correspondence. All Government Grant proceeds received shall be deposited into the Government Grant Proceeds Account, in accordance with Section 6(g) of the Account Control Agreement.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)