Common use of Action Memoranda Clause in Contracts

Action Memoranda. DOE shall have received an action memorandum executed by the Secretary of Energy authorizing: (i) the execution by DOE of the Financing Documents to which it is a party and (ii) any material changes to the terms and conditions set forth in the Term Sheet.

Appears in 1 contract

Sources: Loan Arrangement and Reimbursement Agreement (Li-Cycle Holdings Corp.)

Action Memoranda. DOE shall have received an action memorandum executed by the Secretary of Energy authorizing: that, without limitation (i) approve and authorize the execution by DOE of the Financing Documents to which it is a party and the transactions contemplated thereby and any apportionment of Credit Subsidy Cost and (ii) approve any provision of any Transaction Document that constitutes a material changes to change from the terms and conditions set forth in the Term Sheet.

Appears in 1 contract

Sources: Loan Arrangement and Reimbursement and Sponsor Support Agreement (Rivian Automotive, Inc. / DE)