Common use of Review and Payment of Credit Subsidy Clause in Contracts

Review and Payment of Credit Subsidy. The Loan Servicer shall have received confirmation, in form and substance satisfactory to each Relevant Credit Party, that (i) OMB has reviewed and approved DOE’s calculation of the Credit Subsidy Cost for the DOE Guarantee as of the Financial Closing Date, and (ii) DOE has received payment in full of the Credit Subsidy Cost in accordance with the Program Requirements.

Review and Payment of Credit Subsidy. The Loan Servicer shall have received confirmation, in form and substance satisfactory to each Relevant Credit Party, confirmation that (i) OMB has reviewed and approved DOE’s 's calculation of the Credit Subsidy Cost for the DOE Guarantee as of the Financial Closing Date, and (ii) DOE has received payment an appropriation in full of the Credit Subsidy Cost in accordance with the Program Requirements.

Review and Payment of Credit Subsidy. The Loan Servicer shall have received confirmationreceived, in form and substance satisfactory to each Relevant Credit Party, confirmation that (i) OMB has reviewed and approved DOE’s calculation of the Credit Subsidy Cost for the DOE Guarantee as of the Financial Closing Date, and (ii) DOE has received payment in full of the Credit Subsidy Cost in accordance with the Program Requirements.