Common use of Duties and Responsibilities of Sunlight Clause in Contracts

Duties and Responsibilities of Sunlight. Subject to Section 10.20, Sunlight, directly or through Third Party Service Providers, shall perform and discharge the following duties and responsibilities in connection with the services provided to Bank hereunder: (a) Sunlight shall use commercially reasonable efforts to enter into Dealer Agreements with qualified Dealers who satisfy the Program Guidelines to participate in the Program in order to facilitate the making of Loans by Bank. Bank shall not be required to finance sales by any Dealer that does not satisfy such criteria.

Appears in 2 contracts

Samples: Home Improvement Loan Program Agreement (Sunlight Financial Holdings Inc.), Home Improvement Loan Program Agreement (Sunlight Financial Holdings Inc.)

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Duties and Responsibilities of Sunlight. Subject to Section 10.20, Sunlight, directly or through Third Party Service Providers, shall perform and discharge the following duties and responsibilities in connection with the services provided to Bank hereunder: (a) Sunlight shall use commercially reasonable efforts to enter into Dealer Agreements with qualified Dealers who satisfy the Program Guidelines to participate in the Program in order to facilitate the making of Loans by BankBank to provide financing to Dealer customers for Dealer sales of Systems and/or Improvements. Bank shall not be required to finance sales by any Dealer that does not satisfy such criteria.

Appears in 2 contracts

Samples: Loan Program Agreement (Sunlight Financial Holdings Inc.), Loan Program Agreement (Spartan Acquisition Corp. II)

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