Financing Funds definition
Examples of Financing Funds in a sentence
The Financing Funds or SAP, as applicable, is (or in the case of a New Construction Solar Asset (Non-Identified Customer), will be) party to each Solar Service Agreement in respect of each PV System owned by it.
There is no action, suit, proceeding, investigation, audit or claim now pending by a taxing authority regarding any taxes relating to the Financing Funds or SAP that could, if made, individually or in the aggregate have a Material Adverse Effect.
No loan to the Managing Members, the Financing Funds or SAP made or indebtedness incurred prior to the related Original Closing Date remains outstanding.
Such financial statements and notes thereto disclose all direct or contingent material liabilities of the Financing Funds and SAP as of the dates thereof, including liabilities for taxes, material commitments and debt.
Administrative Agent shall have received the results of a recent search of all effective UCC financing statements (or equivalent filings) made with respect to the Assignors, Financing Fund Seller, SAP Seller, TEP Resources, the Borrower, SAP, the Managing Members and the Financing Funds in all appropriate jurisdictions together with copies of all such filings disclosed by such search.
None of the Managing Members, the Financing Funds or SAP has conducted any business other than the business contemplated by the Tax Equity Financing Documents.
None of the Managing Members, the Financing Funds or SAP is in breach or default under or with respect to any material contractual obligation.
Administrative Agent shall have received the results of a recent search of all effective UCC financing statements (or equivalent filings) made with respect to the Assignors, Financing Fund Seller, the Borrower, SAP, the Managing Members and the Financing Funds in all appropriate jurisdictions together with copies of all such filings disclosed by such search.
The Administrative Agent shall be satisfied with the results of any due diligence of the Financing Funds, the SAP Financing Documents, the Tax Equity Financing Documents and the transactions contemplated by the SAP Financing Documents and Tax Equity Financing Documents, including receipt of fully executed Tax Equity Financing Documents and any related Tax Loss Insurance Policy, in its sole discretion.
The Financing Funds is party to each Solar Service Agreement in respect of each PV System owned by it.