Offtake. If the expected Commercial Operations Date is within twelve (12) months of the date of such Advance, offtake arrangements in form and substance acceptable to DOE, demonstrating that 70% of the expected production of the Project upon Project Completion is under contract.
Appears in 2 contracts
Sources: Loan Guarantee Agreement (Calumet, Inc. /DE), Loan Guarantee Agreement (Calumet, Inc. /DE)