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PLL General Discussion, page-2353

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    No doubt. You only have to read what is written there

    And also that the "DoE Grant" while not a loan does have strings attached that effect eligibility for loan funding (both DoE and commercial) ... i.e. seniority in claim. While I know you know what that means, it became evident with for example LTR and the Ford Debt ... first thing that had to be done was repay the Ford facility ... why? ... because the Ford facility had seniority in claim (on asset) and so the new facility first needs to extinguish that. So ultimately you can have both DoE grant and DoE ATVM loan on same project. Only one can be senior.

    And obviously facility size matters. DoE ATVM loan can be around 60% - 70% of Capex.
 
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