Common use of ACL Indebtedness Clause in Contracts

ACL Indebtedness. ACL shall not incur any Indebtedness owed to any other Clean Line Entity or any Affiliate thereof unless such Clean Line Entity or Affiliate has granted a Lien on its rights of payment in respect of such Indebtedness pursuant to Security Documents that are in form and substance acceptable to DOE as contemplated by Section 11.6.β€Œ

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement