Administrative Cost of Issuing a Loan Guarantee Law and Legal Definition
According to 10 CFR 609.2 [Title 10 Energy; Chapter II Department of Energy; Subchapter H Assistance Regulations; Part 609 Loan Guarantees for Projects that Employ Innovative Technologies], the term Administrative Cost of Issuing a Loan Guarantee means “the total of all administrative expenses that DOE incurs during:
(1) The evaluation of a Pre-Application, if a Pre-Application is requested in a solicitation, and an Application for a loan guarantee;
(2) The offering of a Term Sheet, executing the Conditional Commitment, negotiation, and closing of a Loan Guarantee Agreement; and
(3) The servicing and monitoring of a Loan Guarantee Agreement, including during the construction, startup, commissioning, shakedown, and operational phases of an Eligible Project.”
Legal Definition list
- Administrative Convenience Exception
- Administrative Controls
- Administrative Conference of the United States
- Administrative Committee of the Federal Register
- Administrative Board
- Administrative Cost of Issuing a Loan Guarantee
- Administrative Debt [Education]
- Administrative Deviation [Trust]
- Administrative Discretion
- Administrative Dissolution
- Administrative Docket
