Common use of No Tax-Exempt Indebtedness Clause in Contracts

No Tax-Exempt Indebtedness. In accordance with Section 609.10(d)(7) of the Applicable Loan Guarantee Requirements, the DOE Credit Facility does not finance, either directly or indirectly, tax-exempt indebtedness obligations, consistent with the requirements of Section 149(b) of the Internal Revenue Code.

Appears in 2 contracts

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

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No Tax-Exempt Indebtedness. In accordance with Section 609.10(d)(7) of the Applicable Loan Guarantee Requirements, the DOE Credit Facility does Commitment and the DOE Guaranteed Loans will not finance, either directly or indirectly, tax-exempt indebtedness obligations, consistent with the requirements of Section 149(b) of the Internal Revenue Code.

Appears in 1 contract

Samples: Loan Guarantee Agreement (Us Geothermal Inc)

No Tax-Exempt Indebtedness. In accordance with Section 609.10(d)(7) of the Applicable Loan Guarantee RequirementsRegulations, the DOE Credit Facility Guaranteed Loan does not finance, either directly or indirectly, tax-exempt indebtedness obligations, consistent with the requirements of Section 149(b) of the Internal Revenue Code.

Appears in 1 contract

Samples: Common Agreement (First Wind Holdings Inc.)

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No Tax-Exempt Indebtedness. In accordance with Section 609.10(d)(7) of the Applicable Loan Guarantee RequirementsRegulations, the DOE Credit Facility does not finance, either directly or indirectly, tax-exempt indebtedness obligations, consistent with the requirements of Section 149(b) of the Internal Revenue Code.

Appears in 1 contract

Samples: Common Agreement (Solyndra, Inc.)

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