Common use of Delivery of Subsidiary Guaranties Clause in Contracts

Delivery of Subsidiary Guaranties. Borrower shall cause each of its existing Subsidiaries listed on SCHEDULE 6 to execute and deliver to Lender the Subsidiary Guaranty. Borrower shall promptly notify Lender of any planned formation or acquisition of any additional Subsidiaries. Within 10 days after Borrower forms or acquires any Subsidiary other than a Subsidiary which is a single-purpose entity formed solely for the purpose of owning Projects in connection with securitized Indebtedness and which has restrictions on the creation of additional Indebtedness and other safeguards typically imposed on such single-purpose entities in securitized financings, Borrower shall cause such Subsidiary to execute and deliver to Lender a Subsidiary Guaranty.

Delivery of Subsidiary Guaranties. Borrower shall cause each of its existing Subsidiaries listed on SCHEDULE 6 to execute and deliver to Lender the Agent the Subsidiary Guaranty. Borrower shall promptly notify Lender Administrative Agent of any planned formation or acquisition of any additional Subsidiaries. Within 10 days after Borrower forms or acquires any Subsidiary other than a Subsidiary which is a single-purpose entity formed solely for the purpose of owning Projects in connection with securitized Indebtedness and which has restrictions on the creation of additional Indebtedness and other safeguards typically imposed on such single-purpose entities in securitized financings, Borrower shall cause such Subsidiary to execute and deliver to Lender the Administrative Agent a Subsidiary Guaranty.

Delivery of Subsidiary Guaranties. Borrower shall cause each of its existing Subsidiaries listed on SCHEDULE 6 to execute and deliver to Lender the Agent the Subsidiary Guaranty. Borrower shall promptly notify Lender Administrative Agent of any planned formation or acquisition of any additional Subsidiaries. Within 10 days after the later of the date Borrower forms or acquires any Subsidiary or the date such Subsidiary first owns a Project (other than a Subsidiary which is a single-purpose entity formed solely for the purpose of owning which owns only Projects in connection with subject to securitized Indebtedness and which has restrictions on the creation of additional Indebtedness and other safeguards typically imposed on such single-purpose entities in securitized financings, Borrower shall cause such Subsidiary to execute and deliver to Lender the Administrative Agent a Subsidiary Guaranty.

Delivery of Subsidiary Guaranties. Borrower shall cause each of its existing Subsidiaries listed on SCHEDULE 6 to execute and deliver to Lender the Agent the Subsidiary Guaranty. Borrower shall promptly notify Lender Administrative Agent of any planned formation or acquisition of any additional Subsidiaries. Within 10 days after Borrower forms or acquires any Subsidiary other than a Subsidiary which is a single-purpose entity formed solely for the purpose of owning Projects in connection with securitized Indebtedness and which has restrictions on the creation of additional Indebtedness and other safeguards typically imposed on such single-purpose entities in securitized financings, Borrower shall cause such Subsidiary to execute and deliver to Lender the Administrative Agent a Subsidiary Guaranty.