Common use of Financing Accommodations Clause in Contracts

Financing Accommodations. Customer acknowledges that Provider will be financing the acquisition and installation of the System with funding from one or more Lenders or third-party capital providers. Such financings may include the sale or sale/leaseback of the System to tax- advantaged entities. In order to facilitate System financings, Customer will provide such Lenders and capital providers with commercially reasonable direct agreements, consents,‌ subordinations, waivers, confirmations and estoppels as may be reasonably requested from time to time, including the ability of such entities to enforce Provider’s rights hereunder, cure any Provider Default, receive concurrent notices to Provider and exercise normal and customary rights of secured parties.

Appears in 1 contract

Samples: Solar Power Services Agreement

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Financing Accommodations. Customer acknowledges that Provider will be financing the acquisition and installation of the System with funding from one or more Lenders or third-party capital providers. Such financings may include the sale or sale/leaseback of one or more of the System to tax- tax-advantaged entities. In order to facilitate System financings, Customer will provide such Lenders and capital providers with commercially reasonable direct agreements, consents,‌ consents, subordinations, waivers, confirmations and estoppels as may be reasonably requested from time to time, including the ability of such entities to enforce Provider’s rights hereunder, cure any Provider Default, receive concurrent notices to Provider and exercise normal and customary rights of secured parties.

Appears in 1 contract

Samples: Solar Power Services Agreement

Financing Accommodations. Customer acknowledges that Provider will be financing the acquisition and installation of the System Systems with funding from one or more Lenders or third-party capital providers. Such financings may include the sale or sale/leaseback of one or more of the System Systems to tax- tax-advantaged entities. In order to facilitate System financings, Customer will provide such Lenders and capital providers with commercially reasonable direct agreements, consents,‌ consents, subordinations, waivers, confirmations and estoppels as may be reasonably requested from time to time, including the ability of such entities to enforce Provider’s rights hereunder, cure any Provider Default, receive concurrent notices to Provider and exercise normal and customary rights of secured parties.

Appears in 1 contract

Samples: Master Solar Power Services Agreement

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Financing Accommodations. Customer acknowledges that Provider will be financing the acquisition and installation of the System with funding from one or more Lenders or third-party party‌ capital providers. Such financings may include the sale or sale/leaseback of the System to tax- advantaged entities. In order to facilitate System financings, Customer will provide such Lenders and capital providers with commercially reasonable direct agreements, consents,‌ consents, subordinations, waivers, confirmations and estoppels as may be reasonably requested from time to time, including the ability of such entities to enforce Provider’s rights hereunder, cure any Provider Default, receive concurrent notices to Provider and exercise normal and customary rights of secured parties.

Appears in 1 contract

Samples: Solar Power Services Agreement

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