Common use of Upon Expiration Date Clause in Contracts

Upon Expiration Date. The release and return of all deposited subscription proceeds (including accrued interest thereon) to subscribers, upon the failure of the Company to certify to the Escrow Agent that it has received a commitment from a lender (the "Loan Commitment") sufficient to permit the Company to proceed to build its proposed ethanol plant, by September 30, 2006 (the "Expiration Date"); or

Upon Expiration Date. The release and return of all deposited subscription proceeds (including accrued interest thereon) to subscribers, upon the failure of the Company to certify to the Escrow Agent that it has received a commitment from a lender (the "Loan Commitment") sufficient to permit the Company to proceed to build its proposed ethanol plant, by September November 30, 2006 (the "Expiration Date"); or