Common use of Legal, Valid and Binding Agreement Clause in Contracts

Legal, Valid and Binding Agreement. The related Solar Service Agreement is (or in the case of a New Construction Solar Asset (Non-Identified Customer), will be upon execution) the legal, valid and binding payment obligation of the related Host Customer, enforceable against such related Host Customer in accordance with its terms, except as such enforceability may be limited in the future by applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors’ rights generally, and except as such enforceability may be limited in the future by general principles of equity (whether considered in a suit at law or in equity).

Appears in 7 contracts

Samples: Management Agreement (Sunnova Energy International Inc.), Servicing Agreement (Sunnova Energy International Inc.), Management Agreement (Sunnova Energy International Inc.)

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Legal, Valid and Binding Agreement. The related Solar Service Agreement is (or in the case of a New Construction Solar Asset (Non-Identified Customer), will be upon execution) the legal, valid and binding payment obligation of the related Host Customer, enforceable against such related Host Customer in accordance with its terms, except as such enforceability may be limited in the future by applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors’ rights generally, and except as such enforceability may be limited in the future by general principles of equity (whether considered in a suit at law or in equity).

Appears in 5 contracts

Samples: Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.), Credit Agreement (Sunnova Energy International Inc.)

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