Common use of Financing Accommodations Clause in Contracts

Financing Accommodations. In order to finance the construction and installation of the Solar Garden, we will borrow money from a Lender (“Lender”) who will require that we provide them with a security interest in the Solar Garden and in our contract with you and other customers. As a condition to providing financing, our Lender has asked that you agree to the following provisions. You understand that we may finance the acquisition, development, installation, operation and maintenance of the Solar Garden with financing or other accommodations from one or more financial institutions and that our obligations to the Lender may be secured by, among other collateral, a pledge or collateral assignment of this Agreement and a first priority security interest in the Solar Garden (collectively, the “Lender’s Security Interest”). In order to facilitate the necessary financing, you consent to our granting to Lender the Lender’s Security Interest. You acknowledge and agree that: (i) you and all of your rights under this Agreement are and will be subject and subordinate to the Lender’s Security Interest (and as later modified by any and all renewals, modifications, supplement, amendments, consolidations, replacements, substitutions, additions, and extensions); and (ii) no amendment or modification of this Agreement is permitted without ▇▇▇▇▇▇’s prior written consent, with the exception of our approval of a change in your participation under this Agreement as set out in Section 16.

Financing Accommodations. In order to finance the construction and installation of the Solar Garden, we will borrow money from a Lender (“Lender”) who will require that we provide them with a security interest in the Solar Garden and in our contract with you and other customers. As a condition to providing financing, our Lender has asked that you agree to the following provisions. You understand that we may finance the acquisition, development, installation, operation and maintenance of the Solar Garden with financing or other accommodations from one or more financial institutions and that our obligations to the Lender may be secured by, among other collateral, a pledge or collateral assignment of this Agreement and a first priority security interest in the Solar Garden (collectively, the “Lender’s Security Interest”). In order to facilitate the necessary financing, you consent to our granting to Lender the Lender’s Security Interest. You acknowledge and agree that: (i) you and all of your rights under this Agreement are and will be subject and subordinate to the Lender’s Security Interest (and as later modified by any and all renewals, modifications, supplement, amendments, consolidations, replacements, substitutions, additions, and extensions); and (ii) no amendment or modification of this Agreement is permitted without ▇▇▇▇▇▇’s prior written consent, with the exception of our approval of a change in your participation under this Agreement as set out in Section 16.and