ITC Percentage Sample Clauses

ITC Percentage. The final true-up model with respect to such Tax Equity Fund delivered to the related Tax Equity Investor pursuant to the applicable Tax Equity Opco LLC Agreement shall not reflect an Unapproved Bonus Credit. [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed. With respect to any Tax Equity Fund as to the first Borrowing Date on which a Solar Asset held by such Tax Equity Fund is included in the Borrowing Base Pool:

ITC Percentage. With respect to a Financing Funding, no model affecting Managing Member Distributions delivered to (and agreed to in writing by) the related Tax Equity Investor pursuant to the applicable Financing Fund LLCA or ITC Buyer pursuant to a related ITC Transfer Agreement shall reflect Tax Credits with respect to any Solar Asset owned by such Financing Fund in an amount greater than [***]% unless (i) such increase in the Tax Credits is a result of an adder for an Approved Bonus Credit and (ii) such Financing Fund is covered by a Tax Loss Insurance Policy which provides sufficient coverage for such increased Tax Credits (as determined by a single counsel to the Administrative Agent and the Lenders) of the Project Purchase Price of such Solar Asset. 118556040.20118095118.53 Schedule I-16 Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Acct: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] 118556040.20118095118.53 Schedule II-1 FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] Reference: [***] 118556040.20118095118.53 Schedule II-2 118556040.20118095118.53 Schedule III-1 118556040.20118095118.53 Schedule IV-1 118556040.20118095118.53 Schedule V-1 118556040.20118095118.53 Schedule VI-1 118556040.20118095118.53 Schedule VII-1

ITC Percentage. The final true-up model with respect to a Financing Fund delivered to the related Tax Equity Investor pursuant to the applicable Financing Fund LLCA shall not reflect Tax Credits with respect to any Solar Asset owned by such Financing Fund in an amount greater than [***]% (or [***]% with respect to an increase in the Tax Credits as a result of the 10% adder for an “energy community” as provided for in Internal Revenue Code Section 48(a)(14)(B)(ii) for any Financing Fund covered by a Tax Loss Insurance Policy which provides sufficient coverage for such increased Tax Credits, as determined by a single counsel to the Administrative Agent and the Lenders) of the Project Purchase Price of such Solar Asset. SCHEDULE II THE COLLECTION ACCOUNT, THE SUPPLEMENTAL RESERVE ACCOUNT, THE LIQUIDITY RESERVE ACCOUNT, THE SAP LOCKBOX ACCOUNT, THE SAP REVENUE ACCOUNT, THE TAKEOUT TRANSACTION ACCOUNT AND THE BORROWER’S ACCOUNT Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Acct: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] FFC: [***] Bank Name: [***] ABA No.: [***] Account No.: [***] Account Name: [***] Reference: [***] SCHEDULE III [RESERVED] SCHEDULE IV SCHEDULED HEDGED SREC PAYMENTS SCHEDULE V SCHEDULED HOST CUSTOMER PAYMENTS SCHEDULE VI SCHEDULED PBI PAYMENTS SCHEDULE VII SCHEDULED MANAGING MEMBER DISTRIBUTIONS SCHEDULE VIII TAX EQUITY DEFINITIONS 1. Sunnova TEP 6-B, LLC, a Delaware limited liability company (“TEP 6-B”) 2. Sunnova TEP 6-D, LLC, a Delaware limited liability company (“TEP 6-D”) 3. Sunnova TEP 7-A, LLC, a Delaware limited liability company (“TEP 7-A”) 4. Sunnova TEP 7-D, LLC, a Delaware limited liability company (“TEP 7-D”) 5. Sunnova TEP 7-B, LLC, a Delaware limited liability company (“TEP 7-B”) 6. Sunnova TEP 7-G, LLC, a Delaware limited liability company (“TEP 7-G”) 7. Sunnova TEP 7-F, LLC, a Delaware limited liability company (“TEP 7-F”) 1. With respect to TEP 6-B, the Amended and Restated Limited Liability Company Agreement, dated as of February 7, 2022, entered into between the applicable Managing Member and the applicable Tax Equity Investor (the “TEP 6-B LLCA”) 2. With respect to T...

ITC Percentage. The final true-up model with respect to such Tax Equity Fund delivered to the related Tax Equity Investor pursuant to the applicable Tax Equity Opco LLC Agreement shall not reflect an ITC with respect to any Solar Asset owned by such Tax Equity Fund in an amount greater than 30% of the Purchase Price of such Solar Asset. With respect to any Tax Equity Fund as to the first Borrowing Date on which a Solar Asset held by such Tax Equity Fund is included in the Borrowing Base Pool:

ITC Percentage. The final true-up model with respect to such Tax Equity Fund delivered to the related Tax Equity Investor pursuant to the applicable Tax Equity Opco LLC Agreement shall not reflect an Unapproved Bonus Credit.