Common use of Consent to Collateral Assignment Clause in Contracts

Consent to Collateral Assignment. Buyer hereby consents to both the sale of the Distributed Generation Resources to a Lender in connection with exercising of remedies under such financing and the collateral assignment for the financing of the Seller’s right, title and interest in and to this Agreement.

Consent to Collateral Assignment. Buyer hereby consents to both the sale of the Distributed Generation Resources to a Lender in connection with exercising of remedies under such financing and the collateral assignment for the financing of the Seller’s right, title and interest in and to this Agreement, provided that Lender (or its assignee) is of equivalent or greater creditworthiness than Seller, and Lender (or its assignee) agrees to assume all of Seller’s rights under this Agreement in the event that Lender exercises its remedies such that the Distributed Generation Resource is sold to Lender.

Consent to Collateral Assignment. Buyer hereby consents to both the sale of the Distributed Generation Resources to a Lender in connection with exercising of remedies under such financing and the collateral assignment for the financing of the Seller’s right, title and interest in and to this Agreement, provided that Lender (or its assignee) is of equivalent or greater creditworthiness and experience than Seller, and Lender (or its assignee) agrees to assume all of Seller’s rights under this Agreement in the event that Lender exercises its remedies such that the Distributed Generation Resource is sold to Lender.

Consent to Collateral Assignment. Buyer hereby consents to both the sale of the Distributed Generation Resources Resource to a Lender in connection with exercising of remedies under such financing and the collateral assignment for the financing of the Seller’s right, title and interest in and to this Agreement, provided that Lender (or its assignee) is of equivalent or greater creditworthiness than Seller, and Lender (or its assignee) agrees to assume all of Seller’s rights under this Agreement in the event that Lender exercises its remedies such that the Distributed Generation Resource is sold to Lender.