Common use of Repayment of Guaranteed Loans Clause in Contracts

Repayment of Guaranteed Loans. Upon repayment of a guaranteed loan and release of the escrow amount by the participating financial institution, the CAR shall return the cooperative agreement funds placed in escrow to EPA based on disposition instructions provided by the EPA Project Officer. Alternatively, the CAR may, with EPA approval: i. Guarantee additional loans under the terms and conditions of the agreement; or ii. Amend the terms and conditions of the agreement to provide for another disposition of funds that will redirect the funds for other xxxxxxxxxx sites’

Repayment of Guaranteed Loans. i. Upon repayment of a guaranteed loan and release of the escrow amount by the participating financial institution, the CAR shall return the cooperative agreement funds placed in escrow to the EPA based on disposition instructions provided by the EPA EPA’s Project Officer. Alternatively, the CAR may, with EPA approval: i. Guarantee , 1) guarantee additional loans under the terms and conditions of the agreement; agreement or ii. Amend the terms and conditions of the agreement to provide for another disposition of funds that will redirect the funds for other xxxxxxxxxx sites’,

Repayment of Guaranteed Loans. Upon repayment of a guaranteed loan and release of the escrow amount by the participating financial institution, the CAR shall return the cooperative agreement funds placed in escrow to EPA based on disposition instructions provided by the EPA Project Officer. Alternatively, the CAR may, with EPA approval: i. Guarantee additional loans under the terms and conditions of the agreement; or ii. Amend the terms and conditions of the agreement to provide for another disposition of funds that will redirect the funds for other xxxxxxxxxx sites’’ related activities authorized by the terms of the cooperative agreement or, if applicable, a Closeout Agreement.

Repayment of Guaranteed Loans. i. Upon repayment of a guaranteed loan and release of the escrow amount by the participating financial institution, the CAR shall return the cooperative agreement funds placed in escrow to EPA based on disposition instructions provided by the EPA Project OfficerU.S. EPA. Alternatively, the CAR may, with EPA approval:, i. 1) Guarantee additional loans under the terms and conditions of the agreement; agreement or, ii. Amend 2) amend the terms and conditions of the agreement to provide for another disposition of funds that will redirect the funds for other xxxxxxxxxx sites’brownfields related activities.