Common use of Satisfaction of DOE Loan Conditions Clause in Contracts

Satisfaction of DOE Loan Conditions. Each of the following shall have been satisfied: (A) the conditions precedent required by FFB and DOE to execute and deliver the DOE Credit Facility Documents and the Common Agreement, (B) each of the conditions precedent set forth in Article 4 of the Common Agreement to make DOE’s and FFB’s funding commitment effective as set forth in such documents, and (C) the conditions precedent to submission of a Master Advance Notice and related certifications by the Project Company, which Master Advance Notice and related certifications will be submitted at the Document Closing pursuant to Section 2.1(b)(vi), in each case other than (1) each of Google Investor’s and NRG Investor’s completion of the Document Closing Actions for which it is responsible and (2) conditions that will be satisfied upon or prior to the Escrow Release.

Appears in 6 contracts

Samples: Equity Participation Agreement (BrightSource Energy Inc), Equity Participation Agreement (BrightSource Energy Inc), Equity Participation Agreement (BrightSource Energy Inc)

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