Common use of Deposits to Collections Account Clause in Contracts

Deposits to Collections Account. (a) The Borrower shall cause the Provider to transfer any checks representing recurring payments to an Opco into its applicable Lockbox Account no later than the third (3rd) Business Day following receipt. (b) The Borrower shall cause the Provider to use commercially reasonable efforts to identify the payor of any non-recurring Customer ACH or credit card payments as soon as reasonably practicable and shall cause all Collections that have been identified as being payable to an Opco to be deposited into its applicable Lockbox Account no less frequently than twice monthly. (d) The Borrower shall cause the Provider to deposit all checks representing PBI Payments received on or after the Closing Date into the Lockbox Account of the applicable Opco no later than thirty (30) days following the receipt of such checks by or on behalf of the applicable Opco or Provider. (e) The Borrower shall cause Fund IV Holdco to deposit all distributions in respect of the Managing Member Membership Interests directly into the Collections Account (other than any distributions received in respect of the proceeds of Excluded Property, as evidenced by documentation reasonably acceptable to the Administrative Agent). (f) The Borrower shall cause Fund IV Holdco to maintain each Lockbox Account with an Acceptable Bank and free and clear of any Lien over such Lockbox Account or the amounts deposited therein. (g) Pursuant to standing instructions in a form reasonably acceptable to the Administrative Agent (the “Standing Instructions”), the Borrower shall ensure that any amounts deposited into a Wholly-Owned Opco Collection Accounts is transferred on a daily basis into the Wholly-Owned Opco Operating Account. (h) Notwithstanding anything in this Section 5.25 to the contrary, until the termination and closure pursuant to Section 5.28(d)(i) of all bank accounts in the name of Tredegar Solar I assumed by Borrower in connection with the Tredegar Solar Acquisition, the Borrower shall ensure that pursuant to Standing Instructions any amounts deposited into any such account is transferred on a daily basis into a Wholly-Owned Opco Collection Account..

Deposits to Collections Account. (a) The Borrower shall cause the Provider Manager to transfer any checks representing recurring payments deposit all Collections with respect to an the Wholly Owned Opcos into a Wholly Owned Opco into its applicable Lockbox Account no later than Deposit Account. [***] Confidential treatment has been requested for the third (3rd) Business Day following receiptbracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. (b) The Borrower shall cause the Provider Manager to use commercially reasonable efforts transfer any amounts deposited into a Wholly Owned Opco Deposit Account on a daily basis into the Collections Account, subject to identify the payor of any non-recurring Customer ACH or credit card payments as soon as reasonably practicable a maximum retention amount for each such Wholly Owned Opco Deposit Account equal to $50,000. (c) The Borrower shall, and shall cause all Collections that have been identified as being payable to an Opco to be deposited into its applicable Lockbox Account no less frequently than twice monthly. (d) The Borrower shall cause the Provider Tax Equity Holdcos and Wholly Owned Holdcos, to deposit all checks representing PBI Payments Collections received on or after the Closing Date into the Lockbox Account of the applicable Opco no later than thirty (30) days following the receipt of such checks by or on behalf of the applicable Opco or Provider. (e) The Borrower shall cause Fund IV Holdco to deposit all distributions in respect of the Managing Member Membership Interests it directly into the Collections Revenue Account (other than that any distributions received in respect of the proceeds of Excluded Property, as evidenced by documentation reasonably acceptable to the Administrative Agent). (d) The Borrower shall deliver instructions to all counterparties to Borrower REC Sale Agreements and Borrower Excess REC Agreements to deposit all amounts payable to Borrower under such agreements directly into the Collection Account. (e) The Borrower shall cause all amounts in the Collection Account on each Calculation Date to be swept into the Revenue Account on the third Business Day after such Calculation Date (or if such Calculation Date is not a Business Day, on the third Business Day after the Business Day next succeeding such Calculation Date). (f) The Borrower shall cause Fund IV Holdco each Operator to maintain each Lockbox any General Account with an Acceptable Bank and free and clear of any Lien over such Lockbox Account or the amounts deposited thereinBank. (g) Pursuant to standing instructions in a form reasonably acceptable to the Administrative Agent (the “Standing Instructions”), the Borrower shall ensure that any amounts deposited into a Wholly-Owned Opco Collection Accounts is transferred on a daily basis into the Wholly-Owned Opco Operating Account. (h) Notwithstanding anything in this Section 5.25 to the contrary, until the termination and closure pursuant to Section 5.28(d)(i) of all bank accounts in the name of Tredegar Solar I assumed by Borrower in connection with the Tredegar Solar Acquisition, the Borrower shall ensure that pursuant to Standing Instructions any amounts deposited into any such account is transferred on a daily basis into a Wholly-Owned Opco Collection Account..

Deposits to Collections Account. (a) The Borrower shall cause the Provider Manager to transfer deposit all Collections with respect to the Wholly Owned Opcos (other than any checks representing recurring payments to Wholly Owned Opco that was an Inverted Lease Opco before it was a Wholly Owned Opco) into its applicable Lockbox Account no later than the third (3rd) Business Day following receipta Wholly Owned Opco Deposit Account. (b) The Borrower shall cause the Provider Manager to use commercially reasonable efforts transfer any amounts deposited into a Wholly Owned Opco Deposit Account on a daily basis into the Collections Account, subject to identify a maximum retention amount for each such Wholly Owned Opco Deposit Account equal to $50,000. At the payor of time that each Wholly Owned Opco (other than any non-recurring Customer ACH or credit card payments as soon as reasonably practicable Wholly Owned Opco that was an Inverted Lease Opco before it was a Wholly Owned Opco) is acquired pursuant to Section 2.05, the amount on deposit therein shall be no less than $50,000. (c) The Borrower shall, and shall cause all Collections that have been identified as being payable to an Opco to be deposited into its applicable Lockbox Account no less frequently than twice monthly. (d) The Borrower shall cause the Provider Tax Equity Holdcos, Wholly Owned Holdcos and the Inverted Lease Opcos, to deposit all checks representing PBI Payments Collections received on or after the Closing Date into the Lockbox Account of the applicable Opco no later than thirty (30) days following the receipt of such checks by or on behalf of the applicable Opco or Provider. (e) The Borrower shall cause Fund IV Holdco to deposit all distributions in respect of the Managing Member Membership Interests it directly into the Collections Revenue Account (other than that any distributions received in respect of the proceeds of Excluded Property, as evidenced by documentation reasonably acceptable to the Administrative Agent). (fd) The Borrower shall cause Fund IV Holdco all amounts in the Collection Account on each Calculation Date to be swept into the Revenue Account on the third Business Day after such Calculation Date (or if such Calculation Date is not a Business Day, on the third Business Day after the Business Day next succeeding such Calculation Date). (e) The Borrower shall cause each Operator to maintain each Lockbox any General Account with an Acceptable Bank and free and clear of any Lien over such Lockbox Account or the amounts deposited thereinBank. (g) Pursuant to standing instructions in a form reasonably acceptable to the Administrative Agent (the “Standing Instructions”), the Borrower shall ensure that any amounts deposited into a Wholly-Owned Opco Collection Accounts is transferred on a daily basis into the Wholly-Owned Opco Operating Account. (h) Notwithstanding anything in this Section 5.25 to the contrary, until the termination and closure pursuant to Section 5.28(d)(i) of all bank accounts in the name of Tredegar Solar I assumed by Borrower in connection with the Tredegar Solar Acquisition, the Borrower shall ensure that pursuant to Standing Instructions any amounts deposited into any such account is transferred on a daily basis into a Wholly-Owned Opco Collection Account..

Deposits to Collections Account. (a) The Borrower shall cause the Provider Manager to transfer any checks representing recurring payments deposit all Collections with respect to an the Wholly Owned Opcos into a Wholly Owned Opco into its applicable Lockbox Account no later than the third (3rd) Business Day following receiptDeposit Account. (b) The Borrower shall cause the Provider Manager to use commercially reasonable efforts transfer any amounts deposited into a Wholly Owned Opco Deposit Account on a daily basis into the Collections Account, subject to identify the payor of any non-recurring Customer ACH or credit card payments as soon as reasonably practicable a maximum retention amount for each such Wholly Owned Opco Deposit Account equal to $50,000. (c) The Borrower shall, and shall cause all Collections that have been identified as being payable to an Opco to be deposited into its applicable Lockbox Account no less frequently than twice monthly. (d) The Borrower shall cause the Provider Tax Equity Holdcos and Wholly Owned Holdcos, to deposit all checks representing PBI Payments Collections received on or after the Closing Date into the Lockbox Account of the applicable Opco no later than thirty (30) days following the receipt of such checks by or on behalf of the applicable Opco or Provider. (e) The Borrower shall cause Fund IV Holdco to deposit all distributions in respect of the Managing Member Membership Interests it directly into the Collections Revenue Account (other than that any distributions received in respect of the proceeds of Excluded Property, as evidenced by documentation reasonably acceptable to the Administrative Agent). (d) The Borrower shall deliver instructions to all counterparties to Borrower REC Sale Agreements and Borrower Excess REC Agreements to deposit all amounts payable to Borrower under such agreements directly into the Collection Account. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. (e) The Borrower shall cause all amounts in the Collection Account on each Calculation Date to be swept into the Revenue Account on the third Business Day after such Calculation Date (or if such Calculation Date is not a Business Day, on the third Business Day after the Business Day next succeeding such Calculation Date). (f) The Borrower shall cause Fund IV Holdco each Operator to maintain each Lockbox any General Account with an Acceptable Bank and free and clear of any Lien over such Lockbox Account or the amounts deposited thereinBank. (g) Pursuant to standing instructions in a form reasonably acceptable to the Administrative Agent (the “Standing Instructions”), the Borrower shall ensure that any amounts deposited into a Wholly-Owned Opco Collection Accounts is transferred on a daily basis into the Wholly-Owned Opco Operating Account. (h) Notwithstanding anything in this Section 5.25 to the contrary, until the termination and closure pursuant to Section 5.28(d)(i) of all bank accounts in the name of Tredegar Solar I assumed by Borrower in connection with the Tredegar Solar Acquisition, the Borrower shall ensure that pursuant to Standing Instructions any amounts deposited into any such account is transferred on a daily basis into a Wholly-Owned Opco Collection Account..

Deposits to Collections Account. (a) The Borrower shall cause the Provider Manager to transfer deposit all Collections with respect to the Wholly Owned Opcos (other than any checks representing recurring payments to Wholly Owned Opco that was an Inverted Lease Opco before it was a Wholly Owned Opco) into its applicable Lockbox Account no later than the third (3rd) Business Day following receipta Wholly Owned Opco Deposit Account. (b) The Borrower shall cause the Provider Manager to use commercially reasonable efforts transfer any amounts deposited into a Wholly Owned Opco Deposit Account on a daily basis into the Collections Account, subject to identify a maximum retention amount for each such Wholly Owned Opco Deposit Account equal to $50,000. At the payor of time that each Wholly Owned Opco (other than any non-recurring Customer ACH or credit card payments as soon as reasonably practicable Wholly Owned Opco that was an Inverted Lease Opco before it was a Wholly Owned Opco) is acquired pursuant to Section 2.05, the amount on deposit therein shall be no less than $50,000. (c) The Borrower shall, and shall cause all Collections that have been identified as being payable to an Opco to be deposited into its applicable Lockbox Account no less frequently than twice monthly. (d) The Borrower shall cause the Provider Tax Equity Holdcos, Wholly Owned Holdcos and the Inverted Lease Opcos, to deposit all checks representing PBI Payments Collections received on or after the Closing Date into the Lockbox Account of the applicable Opco no later than thirty (30) days following the receipt of such checks by or on behalf of the applicable Opco or Provider. (e) The Borrower shall cause Fund IV Holdco to deposit all distributions in respect of the Managing Member Membership Interests it directly into the Collections Revenue Account (other than that any distributions received in respect of the proceeds of Excluded Property, as evidenced by documentation reasonably acceptable to the Administrative Agent). (fd) The Borrower shall cause Fund IV Holdco all amounts in the Collection Account on each Calculation Date to be swept into the Revenue Account on the third Business Day after such Calculation Date (or if such Calculation Date is not a Business Day, on the third Business Day after the Business Day next succeeding such Calculation Date). (e) The Borrower shall cause each Operator to maintain each Lockbox any General Account with an Acceptable Bank Bank. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and free and clear of any Lien over such Lockbox Account or the amounts deposited therein. (g) Pursuant to standing instructions in a form reasonably acceptable to the Administrative Agent (the “Standing Instructions”), the Borrower shall ensure that any amounts deposited into a Wholly-Owned Opco Collection Accounts is transferred on a daily basis into the Wholly-Owned Opco Operating Account. (h) Notwithstanding anything in this Section 5.25 to the contrary, until the termination and closure pursuant to Section 5.28(d)(i) of all bank accounts in the name of Tredegar Solar I assumed by Borrower in connection filed separately with the Tredegar Solar Acquisition, the Borrower shall ensure that pursuant to Standing Instructions any amounts deposited into any such account is transferred on a daily basis into a Wholly-Owned Opco Collection Account..Securities and Exchange Commission.