Definition of DOE Letter of Credit


DOE Letter of Credit means an irrevocable letter of credit by and among the Parent, as obligor, a bank satisfactory to the Collateral Agent, as issuer, and the DOE, as beneficiary, in an amount required by the DOE and otherwise in form and substance satisfactory to the Collateral Agent.

Examples of DOE Letter of Credit in a sentence

Defendants' Materially False and Misleading Statements and Omissions Relating to the DOE Letter of Credit .......................................86 5.
PAYMENT - Payment under this award will be made by: (a) Advance Payment Method - / / Department of Health & Human Services (DHHS) Payment Management System (PMS) formerly DOE Letter of Credit.