Amendments to Section 7.03. A. Section 7.03(e) of the Credit Agreement is hereby amended and restated in its entirety as follows:
Amendments to Section 7.03. Clause (i) of Section 7.03 is hereby amended and restated in its entirety to read as follows:
(i) Investments in Excluded Subsidiaries (x) in accordance with the applicable Tax Equity Documents, Backlever Financing, System Refinancing or Solar Bonds Financing, as the case may be, in the ordinary course of business, (y) of PV Systems which are in operation as collateral to secure accounts receivable financing in which the net proceeds (after deduction of reasonable fees and expenses) is distributed to Borrower and (z) pursuant to any repurchase of assets permitted by Section 7.02(j);”
Amendments to Section 7.03. Section 7.03 of the Credit Agreement is hereby amended by (i) deleting the “.” at the end of clause (k) and replacing it with “; and” and (ii) adding the following new clause (l) at the end thereof: “
Amendments to Section 7.03. Section 7.03 of the Credit Agreement is hereby amended by (a) replacing the word “and” at the end of Subsection 7.03(a)(viii) with “.”, (b) replacing the “; and” at the end of Subsection 7.03(b) with “.” and (c) replacing the word “the” at the beginning of Subsection 7.03(c) with the word “The”.
Amendments to Section 7.03. (a) Clause (c) of Section 7.03 is hereby amended and restated in its entirety to read as follows:
(i) Investments by the Borrower and its Subsidiaries in their respective Subsidiaries outstanding on the date hereof, (ii) Investments by the Borrower and its Subsidiaries in Loan Parties, (iii) Investments by Excluded Subsidiaries in other Excluded Subsidiaries and (iv) so long as no Default has occurred and is continuing or would result from such Investment, additional Investments (other than Investments made under clause 7.03(k) below) by the Loan Parties in Excluded Subsidiaries in an aggregate amount invested from the date hereof together with any Investments made under clause 7.03(i) below not to exceed $15,000,000;
(b) Clause (i) of Section 7.03 is hereby amended and restated in its entirety to read as follows:
(i) Investments in Excluded Subsidiaries (x) in accordance with the applicable Tax Equity Documents, Backlever Financing, System Refinancing or Solar Bonds Financing, as the case may be, in the ordinary course of business, (y) of PV Systems which are in operation as collateral to secure accounts receivable financing in which the net proceeds (after deduction of reasonable fees and expenses) is distributed to Borrower and (z) pursuant to any repurchase of assets permitted by Section 7.02(j);
(c) Section 7.03 is hereby amended by adding new clauses (l) and (m) at the end thereof, which shall read as follows:
Amendments to Section 7.03. Section 7.03 of the Credit Agreement is amended by inserting new clauses (l) and (m) at the end of such section, as follows:
Amendments to Section 7.03. (a) Clauses (g) and (k) of Section 7.03 are hereby amended and restated in their entirety to read as follows:
(g) Permitted Acquisitions (other than of CFCs and Subsidiaries held directly or indirectly by a CFC which Investments are covered by Section 7.03(c)(iv)) or an Acquisition of a Developer Project;
(k) other Investments not contemplated by the above provisions not exceeding $25,000,000 in the aggregate invested from the date hereof after taking into account Investments under clause 7.03(c)(iv) above; and’
Amendments to Section 7.03
