Rooftop Lease definition

Rooftop Lease. Lease the rooftop to a third party that would own the system and use the power. Customer would receive lease payments for the use of the rooftop space. The income may present some tax issues for the governmental customer. – Rooftop Lease with Power Purchase: Lease the rooftop to a third party that would own the system, but the Customer would purchase the power from the system at a pre-determined price, often at rates below what the Customer currently pays for power.
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Rooftop Lease has the meaning set forth in Section 4.34.
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Examples of Rooftop Lease in a sentence

  • Six Nations of the Grand River is the owner of Oneida Business Park, ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ and the building and rooftop on which a Facility is contemplated to be installed and operated in accordance with the Rooftop Lease Agreement and the terms herein.

  • Upon the execution of this Agreement the Parties shall enter into the Rooftop Lease Agreement in the form attached hereto as Schedule ‘D’.

  • No Party shall have any further rights or obligations pursuant to the Rooftop Lease after said termination, except for any defense, indemnification, or hold harmless obligations of EarthLink, if any, that have arisen, or that may arise, under the Rooftop Lease.

  • The Rooftop Lease will terminate on the earlier of: (i) the Franchise Termination Date or (ii) the date upon which EarthLink certifies in writing to the City that it has removed all of its equipment from City property as described and defined in the Rooftop Lease; and upon payment of all City Utility bills associated with the operation and/or use of the its equipment, including, without limitation, the Electricity Fees and lease fees as set forth in the Rooftop Lease.

  • That certain Rooftop Lease with Option dated as of August 1, 2010 by and between Assignor and T-Mobile Central LLC.

  • Any right that the Guarantor may at any time have to be indemnified by BPDB (or a subsidiary of BPDB), the Lessor, as the case may be, in respect of sums paid out by the Guarantor in performance of this Guarantee shall be subordinated to the rights of the Company to recover from BPDB, the Lessor in full all sums that are then due and payable from BPDB, the Lessor, as the case may be, under the Power Purchase Agreement, the Rooftop Lease Agreement, respectively.

  • The rent for the Rooftop Lease under the Hefei Rooftop Lease Agreement shall be paid yearly.

  • The Board is pleased to announce that on 6 December 2024 (after trading hours), Changfeng Zhongkai (an indirect wholly-owned subsidiary of the Company) as lessee entered into the Hefei Rooftop Lease Agreement with Hefei Blogis as lessor.

  • Seller Group shall not modify, extend or amend the Rooftop Lease and any other agreements relating to the Rooftop Lease.

  • A final, non-appealable order issued in a proceeding initiated by (i) BPDB and based on a claim of breach of the Power Purchase Agreement or the Rooftop Lease Agreement shall be with prejudice to any proceedings against the Company that the GOB could otherwise bring for breach by the Company of substantially the same obligations under this Agreement.

Related to Rooftop Lease

  • Landlord Agreement means an agreement substantially in the form provided by Lenders to Borrower or such other form as Lenders may agree to accept.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.