Common use of Working Capital Loan Availability Clause in Contracts

Working Capital Loan Availability. (a) Subject to the terms and conditions set forth in this Agreement and the Common Terms Agreement, each Working Capital Lender severally, and not jointly or jointly and severally, agrees to make Advances to the Borrower in the amount of its Commitment Percentage of the amount the Borrower may request, in accordance with this Section 2.04 (Working Capital Loan Availability) and the applicable Disbursement Request (each such Advance, when made, individually, a “Working Capital Loan” and, collectively, the “Working Capital Loans”), in an aggregate principal amount not to exceed such Working Capital Lender’s unused Working Capital Commitment such that its Working Capital Commitment Exposure does not exceed its Working Capital Commitment after giving effect to such Working Capital Loan, from time to time during the period commencing on the Working Capital Loan Availability Date and, in each case, ending on the earliest to occur of the following dates (the “Working Capital Loan Termination Date”) (such period, the “Working Capital Loan Availability Period”): (i) the Final Maturity Date; (ii) the date of any cancellation or termination of all of the remaining Working Capital Commitments pursuant to Section 2.07 (Termination or Reduction of Commitments); and (iii) the date the Working Capital Lenders terminate their Working Capital Commitments upon the occurrence and during the Continuance of a Working Capital Facility Event of Default. (b) Notwithstanding anything to the contrary in Section 2.04(a) above, including the occurrence of the Working Capital Loan Availability Date, prior to the Project Completion Date, the outstanding aggregate amount of Working Capital Loans at any time shall be no greater than the Pre-Completion Working Capital Loan Sublimit. (c) Subject to the conditions of Section 2.03 (Working Capital Loans), Section 7.01 (Conditions to Closing) (which incorporates by reference Section 4.1 (Condition to Closing Date and Initial Advance) of the Common Terms Agreement) and Section 7.02 (Conditions to Each Working Capital Advance) of this Agreement (which incorporates by reference Section 4.3 (Condition to Each Advance under the Working Capital Facility) of the Common Terms Agreement), and this Section 2.04 (Working Capital Loan Availability), the Borrower shall be entitled to draw all or a portion of the unused Working Capital Commitments before or on the final date of the Working Capital Availability Period for the purposes set forth in Section 12.1 (Use of Proceeds) of the Common Terms Agreement and Section 2.10(b) (Use of Proceeds).

Working Capital Loan Availability. (a) Subject to the terms and conditions set forth in this Agreement and the Common Terms Agreement, each Working Capital Lender severally, and not jointly or jointly and severally, agrees to make Advances to the Borrower in the amount of its Commitment Percentage of the amount the Borrower may request, in accordance with this Section 2.04 (Working Capital Loan Availability) and the applicable Disbursement Request (each such Advance, when made, individually, a “Working Capital Loan” and, collectively, the “Working Capital Loans”), in an aggregate principal amount not to exceed such Working Capital Lender’s unused Working Capital Commitment such that its Working Capital Commitment Exposure does not exceed its Working Capital Commitment after giving effect to such Working Capital Loan, from time to time during the period commencing on the Working Capital Loan Availability Initial Closing Date and, in each case, ending on the earliest to occur of the following dates (the “Working Capital Loan Termination Date”) (such period, the “Working Capital Loan Availability Period”): (i) the Final Maturity Date; (ii) the date of any cancellation or termination of all of the remaining Working Capital Commitments pursuant to Section 2.07 (Termination or Reduction of Commitments); and (iii) the date the Working Capital Lenders terminate their Working Capital Commitments upon the occurrence and during the Continuance of a Working Capital Facility Event of Default. (b) Notwithstanding anything to the contrary in Section 2.04(a) above, including the occurrence of the Working Capital Loan Availability Date, prior to the Project Completion Date, the outstanding aggregate amount of Working Capital Loans at any time shall be no greater than the Pre-Completion Working Capital Loan Sublimit. (c) Subject to the conditions of Section 2.03 (Working Capital Loans), Section 7.01 (Conditions to Initial Closing) (which incorporates by reference Section 4.1 (Condition Conditions to Initial Closing Date and Initial Advance) of the Common Terms Agreement), Section 7.02 (Conditions to Upsize Closing) (which incorporates by reference Section 4.2 (Conditions to Upsize Closing Date) of the Common Terms Agreement) and Section 7.02 7.04 (Conditions to Each Working Capital Advance) of this Agreement (which incorporates by reference Section 4.3 4.4 (Condition Conditions to Each Advance under the Working Capital Facility) of the Common Terms Agreement), and this Section 2.04 (Working Capital Loan Availability), the Borrower shall be entitled to draw all or a portion of the unused Working Capital Commitments before or on the final date of the Working Capital Loan Availability Period for the purposes set forth in Section 12.1 (Use of Proceeds) of the Common Terms Agreement and Section 2.10(b2.09(b) (Use of Proceeds).