Common use of Update of Conditional Commitment Clause in Contracts

Update of Conditional Commitment. Either (i) the Loan Servicer shall have determined that there are not any material changes to the terms and conditions of the term sheet, or (ii) at least thirty (30) days prior to the Financial Closing Date, the Loan Servicer shall have received, in form and substance satisfactory to DOE, a written summary of such material changes.

Appears in 2 contracts

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

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Update of Conditional Commitment. Either (i) the Loan Servicer shall have determined that there are not any material changes to the terms and conditions of the term sheet, Conditional Commitment or (ii) at least thirty (30) days prior to the Financial Closing DateDate (or such shorter period as may be satisfactory to the Loan Servicer), the Loan Servicer shall have received, in form and substance satisfactory to DOE, received a written summary of such material changes.

Appears in 1 contract

Samples: Loan Guarantee Agreement (Us Geothermal Inc)

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Update of Conditional Commitment. Either (i) the Loan Servicer shall have determined that there are not any material changes to the terms and conditions of the term sheet, or (ii) at least thirty (30) 30 days prior to the Financial Closing Date, the Loan Servicer shall have received, in form and substance satisfactory to DOE, a written summary of such material changes.

Appears in 1 contract

Samples: Common Agreement (Solyndra, Inc.)

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