Common use of DOE Action Clause in Contracts

DOE Action. The DOE, based on its review of the pre-Escrow Date Application or any other materials filed by the Company, any Subsidiary, or the University to obtain the DOE's pre-Escrow Date review, has not notified the University of any material impediment, which impediment has not been cured by the Escrow Date to obtaining (A) a temporary provisional program participation agreement within fifteen days after the Escrow Date, or (B) a DOE Approval Notice before the Closing Date.

DOE Action. The DOE, based on its review of the pre-Escrow Date Application or any other materials filed by the Company, any Subsidiary, or the University to obtain the DOE's pre-Escrow Date review, has not notified the University of any material impediment, which impediment has not been cured by the Escrow Date Date, to obtaining (A) a temporary provisional program participation agreement within fifteen days after the Escrow Date, or (B) a DOE Approval Notice before the Closing Date.