Common use of No Defaults or Terminations Clause in Contracts

No Defaults or Terminations. The related Customer Agreement is not in default and the related System is not a Terminated System or Defaulted System. Furthermore, the Host Customer associated with the related Customer Agreement is not a Host Customer for any other Customer Agreement that was originated, acquired and/or serviced by an Affiliate of Borrower that would meet the definition of a Defaulted System.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement (Solarcity Corp), Accession Agreement (Solarcity Corp), Accession Agreement (Solarcity Corp)

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