Common use of Loan Commitment Reductions and Cancellations Clause in Contracts

Loan Commitment Reductions and Cancellations. The Borrower may, on not less than fifteen (15) days prior written notice to the Loan Servicer and upon the satisfaction of any consent requirement or other applicable provisions of each DOE Credit Facility Document, permanently reduce the unutilized portions of the DOE Credit Facility Commitment, in whole or in part, but only if:

Appears in 2 contracts

Samples: Common Agreement (Beacon Power Corp), Common Agreement (Beacon Power Corp)

AutoNDA by SimpleDocs

Loan Commitment Reductions and Cancellations. The Borrower may, may on not less than fifteen (15) days prior written notice to the Loan Servicer and upon the satisfaction of any consent requirement or other applicable provisions of each DOE Credit Facility Document, permanently reduce the unutilized portions of the DOE Credit Facility Commitment, in whole or in part, but only if:

Appears in 1 contract

Samples: Loan Guarantee Agreement (Us Geothermal Inc)

Loan Commitment Reductions and Cancellations. The Borrower may, on not less than fifteen (15) 15 days prior written notice to the Loan Servicer and upon the satisfaction of any consent requirement or other applicable provisions of each DOE Credit Facility Document, permanently reduce the unutilized portions of the DOE Credit Facility Commitment, in whole or in part, but only if:

Appears in 1 contract

Samples: Common Agreement (Solyndra, Inc.)

AutoNDA by SimpleDocs

Loan Commitment Reductions and Cancellations. The Borrower may, on not less than fifteen (15) days prior written notice to the Loan Servicer DOE and upon the satisfaction of any consent requirement or other applicable provisions of each DOE Credit Facility Document, permanently reduce the unutilized portions of the DOE Credit Facility Commitment, in whole full or in part, but only if:

Appears in 1 contract

Samples: Common Agreement (First Wind Holdings Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.