Deviations from Approved Forms Clause Samples
The "Deviations from Approved Forms" clause establishes that any changes or departures from standard, pre-approved document templates must be explicitly authorized. In practice, this means that parties cannot unilaterally alter the language or structure of forms that have been previously vetted and sanctioned, and any proposed modifications typically require written consent from a designated authority or compliance officer. This clause ensures consistency and legal compliance across documentation, reducing the risk of unauthorized or problematic changes that could lead to misunderstandings or disputes.
Deviations from Approved Forms. The Borrower shall provide or shall cause the Seller to provide all proposed forms of Solar Loan Contracts and Ancillary Solar Agreements which deviate in any material respect from the Approved Forms (each such form a “Proposed Form”) to the Borrower, the Seller and the Administrative Agent and shall provide notice to such parties regarding the cessation of a form of Solar Loan Contract or Ancillary Solar Agreement attached hereto as Exhibit H or previously delivered hereunder. The Administrative Agent shall use its best efforts to notify the Seller in writing within ten (10) Business Days of receipt of such objection or approval of the terms of such updated form. Upon the written consent of the Administrative Agent, such consent not to be unreasonably withheld or delayed, Exhibit H shall be amended to include such Proposed Form as a Solar Loan Contract or Ancillary Solar Agreement, as applicable, in addition to the other forms attached or previously delivered.
Deviations from Approved Forms. (i) The Borrower shall provide or shall cause the Seller (Solar Loans) to provide all forms of Solar Loan Contracts and Ancillary Solar Agreements which deviate in any material respect from the Approved Solar Loan Forms (each such form, an “Updated Solar Loan Form”) to the Borrower, the Seller (Solar Loans), and the Agent and shall provide notice to such parties regarding the cessation of the use of a form of Solar Loan Contract or Ancillary Solar Agreement attached hereto as Exhibit F or previously delivered hereunder. If the Agent has not received, as of the tenth (10th) Business Day after the Agent has provided any Updated Solar Loan Form to all Lenders and the Borrower, written notice of objection to such Updated Solar Loan Form from Lenders comprising the Majority Lenders, Exhibit F shall be amended to include such Updated Solar Loan Form as a Solar Loan Contract or Ancillary Solar Agreement, as applicable, in addition to the other forms attached as Exhibit F or previously delivered hereunder.
(ii) The Borrower shall provide or shall cause the Seller (Solar Assets) or the applicable Financing Fund Seller, as applicable, to provide, to the Agent all Updated Solar Asset Forms of Solar Service Agreements which deviate in any material respect from a form attached hereto as Exhibit G (each such form a “Updated Solar Asset Form”) and shall provide notice to the Agent regarding the cessation of a form of Solar Service Agreement attached hereto as Exhibit G or previously delivered hereunder. The Agent shall use its best efforts to notify the Borrower in writing within ten (10) Business Days of receipt of an Updated Solar Asset Form of its objection or approval of the terms of such Updated Solar Asset Form. Upon the written approval of the Agent, such approval not to be unreasonably withheld or delayed, Exhibit G shall be deemed to be amended to include such Updated Solar Asset Form as a Solar Service Agreement in addition to the other forms attached or previously delivered hereunder.
Deviations from Approved Forms. The Borrower shall provide or shall cause the applicable Seller to provide, to the Administrative Agent (with a copy to each Lender) all proposed forms of Solar Service Agreements which deviate in any material respect from a form attached hereto as Exhibit G (each such form a “Proposed Form”) and shall provide notice to the Administrative Agent (with a copy to each Lender) regarding the cessation of a form of Solar Service Agreement attached hereto as Exhibit G or previously delivered hereunder. The Administrative Agent shall use its best efforts to notify the Borrower in writing within ten (10) Business Days of receipt of a Proposed Form of its objection or approval of the terms of such Proposed Form. Upon the written approval of the Administrative Agent, such approval not to be unreasonably withheld or delayed, Exhibit G shall be deemed to be amended to include such Proposed Form as a Solar Service Agreement in addition to the other forms attached or previously delivered hereunder. The Borrower shall, no less frequently than once per calendar quarter, provide or shall cause the applicable Seller to provide, to the Administrative Agent (with copies to each Lender) all forms of Solar Service Agreements that incorporate changes which do not deviate materially from a form attached hereto as Exhibit G. Upon receipt of such forms of Solar Service Agreements, Exhibit G shall be deemed to be amended to include such forms in addition to the other forms attached or previously delivered hereunder.
Deviations from Approved Forms. The Borrower shall provide or shall cause the Seller to provide all proposed forms of Home Improvement Loan Contracts and Ancillary Home Improvement Agreements which deviate in any material respect from the Approved Forms attached hereto in Exhibit F (each such form a “Proposed Form”) to the Borrower, the Seller and the Administrative Agent and shall provide notice to such parties regarding the cessation of a form of Home Improvement Loan Contract or Ancillary Home Improvement Agreement attached hereto as Exhibit F or previously delivered hereunder. The Administrative Agent shall use its best efforts to notify the Seller in writing within ten (10) Business Days of receipt of such objection or approval of the terms of such updated form. Upon the written consent of the Administrative Agent, such consent not to be unreasonably withheld or delayed, Exhibit F shall be amended to include such Proposed Form as a Home Improvement Loan Contract or Ancillary Home Improvement Agreement, as applicable, in addition to the other forms attached or previously delivered.
Deviations from Approved Forms. The Borrower shall provide or shall cause the Seller to provide all forms of Solar Loan Contracts and Ancillary Solar Agreements which deviate in any material respect from the Approved Forms (each such form, an “Updated Form”) to the Borrower, the Seller, and the Agent and shall provide notice to such parties regarding the cessation of the use of a form of Solar Loan Contract or Ancillary Solar Agreement attached hereto as Exhibit F or previously delivered hereunder. If the Agent has not received, as of the tenth (10th) Business Day after the Agent has provided any Updated Form to all Lenders and the Borrower, written notice of objection to such Updated Form from Lenders comprising the Majority Lenders, Exhibit [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed. F shall be amended to include such Updated Form as a Solar Loan Contract or Ancillary Solar Agreement, as applicable, in addition to the other forms attached as Exhibit F or previously delivered hereunder.