Lender Accommodations Sample Clauses

Lender Accommodations. Homeowner acknowledges that the Company may finance the development, installation, acquisition, operation and/or maintenance of the PV System Component Parts with financing or other accommodations from one or more other financial institutions (any such institution, together with any agent, representative, trustee, or other designee on behalf of such institution, a "Lender") and that the Company's obligations to such other financial institutions may be secured by a pledge or collateral assignment of this Agreement and a first security interest in the PV System Component Parts (collectively, the "Lender's Security Interest"). In order to facilitate such financing or other accommodations, Homeowner agrees as follows:
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Lender Accommodations. Host acknowledges that Provider will be financing the acquisition and installation of the System with financing accommodations or through a sale/leaseback arrangement or partnership-flip financing of the System from or to one or more financial institutions and that Provider’s obligations will be secured by, among other collateral, a pledge or collateral assignment of this Agreement and a first security interest in the System or sale/leaseback arrangement or partnership-flip financing of the System. Host shall have no obligation to grant Lender or any Provider assignee any different or greater rights in the event of an assignment by Provider than Provider would have under this Agreement. In the event of an assignment by Provider, the assignee or Lender shall have precisely the same rights and obligations under this Agreement as would Provider, the provisions of this Section 14, Exhibit A or any other provision of this Agreement to the contrary, if any, notwithstanding. In order to facilitate such necessary financing, and with respect to any such financial institutions of which Provider has notified Host in writing (each, a “Lender”), Host agrees as follows:
Lender Accommodations. Host acknowledges that Provider may be financing the System with debt or equity financing and may enter into a sale-leaseback of the System or a partnership flip from, to or with one or more Lenders and that Provider’s obligations may be secured by, among other collateral, one or more pledges or collateral assignments of this Agreement and a first security interest in the System. In order to facilitate such necessary financing, with respect to any Lender, Host agrees as follows:
Lender Accommodations. Buyer acknowledges that Seller, or Seller’s Credit Worthy Affiliate, may finance the development, installation, acquisition, operation and/or maintenance of the PV System with debt, equity, leaseback financing and/or other accommodations from an Affiliated entity, and/or from one or more other entities, including MS Solar Solutions Corp. (each and collectively, a “Lender”), and that the obligations of Seller or such Credit Worthy Affiliate’s to such Lender may be secured by, among other things, a pledge or collateral assignment of this Agreement and a first security interest in the PV System, and/or ownership (with a leaseback) of the PV System (any such security device or ownership interest being referred to as a “Lender’s Security Interest”). In order to facilitate the necessary financing, the Parties agree as follows:
Lender Accommodations. (a) Purchaser acknowledges that Provider will be financing the acquisition and installation of the System with financing accommodations or through a sale/leaseback arrangement or partnership-flip financing of the System from or to one or more financial institutions and that Provider’s obligations will be secured by, among other collateral, a pledge or collateral assignment of the Agreement and a first security interest in the System or sale/leaseback arrangement or partnership-flip financing of the System.
Lender Accommodations 

Related to Lender Accommodations

  • Letter of Credit Accommodations (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 2.

  • Term Loan Advances Subject to Section 2.3(b), the principal amount outstanding for each Term Loan Advance shall accrue interest at a floating per annum rate equal to the Prime Rate, plus three-quarters of one percent (0.75%), which interest shall be payable monthly in accordance with Section 2.1.2(b) above and Section 2.3(d) below.

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • Additional Loan Documents Borrower shall have executed and delivered to Lender such other documents as shall have been requested by Lender to renew, and extend, the Loan Documents to secure payment of the Obligations of Borrower, all in form satisfactory to Lender and its counsel.

  • Commitments and Credit Extensions 2.01 The Loans .

  • Administrative Agent and its Affiliates The Administrative Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise or refrain from exercising such rights and power as though it were not the Administrative Agent, and the Administrative Agent and its affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower or any Affiliate of the Borrower as if it were not the Administrative Agent under the Loan Documents. The term “Lender” as used herein and in all other Loan Documents, unless the context otherwise clearly requires, includes the Administrative Agent in its individual capacity as a Lender. References in Section 1 hereof to the Administrative Agent’s Loans, or to the amount owing to the Administrative Agent for which an interest rate is being determined, refer to the Administrative Agent in its individual capacity as a Lender.

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