Consent to Collateral Assignment. Seller shall have the right to assign this Agreement as collateral for financing or refinancing of the System, and Purchaser hereby consents to the collateral assignment by Seller to any Financing Party of Seller’s right, title, and interest in and to this Agreement.
Appears in 3 contracts
Samples: Virtual Net Metering Credit Purchase and Assignment Agreement, Solar Power Purchase Agreement, Power Purchase Agreement
Consent to Collateral Assignment. Seller shall have the right to assign this Agreement as collateral for any financing or refinancing of the SystemGenerating Facility. In connection with any financing or refinancing of the Generating Facility by Seller, Buyer shall, at Seller’s expense, work in good faith with Seller and Purchaser hereby consents Lender to the agree upon a commercially reasonable consent to collateral assignment by Seller to any Financing Party of Seller’s right, title, and interest in and to this Agreement, provided, however that any such assignment shall not constitute a modification of this Agreement unless Buyer otherwise agrees in its sole discretion.
Appears in 1 contract
Samples: Renewable Power Purchase and Sale Agreement (Raser Technologies Inc)
