Common use of No Defaults; Solvency Clause in Contracts

No Defaults; Solvency. The Administrative Agent shall have received a certification that no Amortization Event, Event of Default, Potential Amortization Event or Potential Default has occurred and is continuing or would result from any borrowing of any Advance or from the application of the proceeds therefrom and after giving effect to such Advance or from the application of the proceeds therefrom, the Borrower will be Solvent.

Appears in 5 contracts

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

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No Defaults; Solvency. The Administrative Agent shall have received a certification that no Amortization Event, Event of Default, Potential Amortization Event or Potential Default has occurred and is continuing or would result from any borrowing of any Advance or from the application of the proceeds therefrom [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed. and after giving effect to such Advance or from the application of the proceeds therefrom, the Borrower will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Sunnova Energy International Inc.)

No Defaults; Solvency. The Administrative Agent shall have received a certification from the Borrower that (a) no Early Amortization Event, Event of Default, Potential Amortization Event Default or Potential Default has occurred and is continuing or would result from any the borrowing of any Advance requested Revolving Advances or from the application of the proceeds therefrom therefrom, and (b) after giving effect to such Advance or from Revolving Advances and the application of the proceeds therefrom, the Borrower will be Solvent.

Appears in 1 contract

Samples: Credit Agreement (Vivint Solar, Inc.)

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No Defaults; Solvency. The Administrative Agent shall have received a certification that no Amortization Event, Event of Default, Potential Amortization Event or Potential Default has occurred and is continuing or would result from any borrowing of any Advance or from the application of the proceeds therefrom and after giving effect to such Advance or from the application of the proceeds therefrom, the Borrower will be Solvent. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.

Appears in 1 contract

Samples: Management Agreement (Sunnova Energy International Inc.)

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