Master Advance Notice. (a) The Borrower may request an Advance under the DOE Credit Facility and/or an Equity Advance by delivering to the Credit Parties and the Lender’s Engineer, not less than eleven (11) Business Days prior to the Requested Advance Date, an appropriately completed Master Advance Notice with respect to such Advance and/or Equity Advance. The Borrower may request an Advance and/or an Equity Advance no more frequently than once per calendar month.
(b) Each Master Advance Notice shall specify:
(i) the amount of the Advance requested under the DOE Credit Facility, if any, which shall be in the minimum amount and increments required by the DOE Credit Facility Documents and the amount of the Equity Advance requested, if any;
(ii) the Requested Advance Date, if the Master Advance Notice includes a request for an Advance, or the requested date for the Equity Advance, if the Master Advance Notice does not include a request for an Advance, which, in each case, shall be any Business Day;
(iii) pursuant to Section 2.4.2, the amount of Base Equity and Overrun Equity to be disbursed from the Base Equity Account and the Overrun Equity Account on the Requested Advance Date, if the Master Advance Notice includes a request for an Advance, or the requested date for the Equity Advance, if the Master Advance Notice does not include a request for an Advance;
(iv) the aggregate amount, on a prospective basis after giving effect to the requested Advance, if any, and the requested Equity Advance, if any, of (A) all Advances outstanding under the DOE Credit Facility, (B) the amount of the Approved Pre-Closing Equity Credit, and (C) all Base Equity and Overrun Equity (if any) disbursed from the Base Equity Account and the Overrun Equity Account or in cash;
(v) the Project Costs being financed using the proceeds of the requested Advance, and/or Equity Advance, which shall be only Eligible Base Project Costs;
(vi) [Reserved];
(vii) that (A) the representations and warranties of the Borrower contained in the Loan Documents to which the Borrower is a party are true, correct and complete in all material respects on and as of the Requested Advance Date, if the Master Advance Notice includes a request for an Advance, or the requested date for the Equity Advance, if the Master Advance Notice does not include a requested for an Advance (other than to the extent such representations and warranties relate solely to an earlier date), (B) no Event of Default or Potential Default has occurred and is ...
Master Advance Notice. Receipt by the Guarantor of a Master Advance Notice substantially in the form of Exhibit A (Form of Master Advance Notice), which shall include, among others matters:
(i) a schedule setting forth each Person to whom any payment is to be made from the proceeds of the proposed Advance and the amount to be paid to such Person;
(ii) a list of the Charging Stalls, the Eligible Project Costs of which the Sponsor projects to seek to be reimbursed with the proceeds from the Advance and the Eligible Project Costs related thereto;
(iii) a certification that the Borrower reasonably expects to satisfy the conditions to disbursement of amounts in the Advance Proceeds Account to reimburse the Sponsor for such Eligible Project Costs on or prior to the end of the then-current Fiscal Quarter of the Borrower;
(iv) with respect to each Advance, other than the First Advance, the Borrower’s and Sponsor’s certification that the Borrower will have sufficient excess cash or proceeds from Sponsor’s Equity Contributions made in compliance herewith and the Sponsor Support Agreement to (x) pay the portion of the cost of such Charging Stalls, and the other Qualified Stall Assets related thereto, in excess of the sum of the requested Advance and the portion of such Sponsor-paid costs that will be contributed in kind to the Borrower pursuant to the Sponsor Support Agreement, and (y) with respect to the final Advance, initially fund the Debt Service Reserve Account in the amount required to be deposited therein pursuant to Section 2.13 (Debt Service Reserve Account) of the Accounts Agreement;
(v) a certification (and, if requested by the Guarantor in writing not fewer than ten Business Days prior to the Requested Advance Date, projections and supporting documentation therefor) that the proposed Advance proceeds will be (x) applied in accordance with Section 2.04(d) (Disbursement of Proceeds) and (y) used solely to reimburse the Sponsor or, in the case of proceeds of the First Advance, pay for Eligible Project Costs that are permitted to be reimbursed in compliance with NEPA, that the Sponsor will incur sufficient Eligible Project Costs that are permitted to be reimbursed in compliance with NEPA, and will apply such proceeds to the payment of such Eligible Project Costs;
(vi) if any of the proposed Charging Stalls are anticipated to include a Charger Model that was not included in the Project on or prior to the immediately preceding Requested Advance Date, an NPI Certificate for such Char...
Master Advance Notice. (a) The Borrower may request an Advance of either Guaranteed Loan by delivering to DOE and the Loan Servicer, with a copy to the Independent Engineer, within three (3) months following any Quarterly Approval Date or the First Advance Date but not less than ten (10) Business Days prior to the Requested Advance Date, a completed Master Advance Notice for such Advance.
(b) No more than once per calendar month the Borrower may deliver a Master Advance Notice requesting (x) a Term Loan Advance during the Term Loan Availability Period, (y) a Cash Grant Bridge Loan Advance during the applicable Cash Grant Bridge Loan Availability Period or (z) contemporaneously, both a Term Loan Advance and one or more Cash Grant Bridge Loan Advances during the Term Loan Availability Period and applicable Cash Grant Bridge Loan Availability Period, respectively; provided that in any three consecutive calendar month period during the Term Loan Availability Period the Borrower may deliver one (1) additional Master Advance Notice requesting Advances as described in the foregoing clauses (x) through (z).
(c) Each Master Advance Notice shall be in the form set forth in Exhibit G and otherwise in form and substance acceptable to DOE.
Master Advance Notice. An executed Master Advance Notice together with all certificates and documentation required under this Section 4.2;
Master Advance Notice. DOE shall have received from the Borrower not less than 18 Business Days prior to any Requested Advance Date with respect to any Advance (but not more than 20 Business Days prior to the applicable Requested Advance Date), a Master Advance Notice.
