PV System a. The related PV System was installed (or in the case of a Substantial Stage Solar Asset, will be installed) on a Single-Family Residential Property, a multi-family home, clubhouse or apartment building in accordance with the applicable Underwriting and Reassignment Credit Policy;
PV System. Except in the case of a Substantial Stage Solar Asset, the related PV System was properly delivered to and installed in good repair, without defects and in satisfactory order. Except in the case of a Substantial Stage Solar Asset or a Final Stage Solar Asset that is a New Construction Solar Asset, the related Host Customer has accepted the related PV System, and no related Host Customer has notified the Parent or any Affiliate thereof of any existing defects therein which is not in the process of being investigated, addressed or repaired by the Parent or any Affiliate thereof. Except in the case of a Substantial Stage Solar Asset, the Solar Photovoltaic Panels with respect to the related PV System were manufactured by an Approved Vendor at the time of installation. Except in the case of a Substantial Stage Solar Asset or a Final Stage Solar Asset that is a New Construction Solar Asset, Inverters and Energy Storage Systems with respect to the related PV System were manufactured by an Approved Vendor at the time of installation.
PV System. Except in the case of a Substantial Stage Solar Asset, the related PV System was properly delivered to and installed in good repair, without defects and in satisfactory order. The related Host Customer has accepted the related PV System, and no related Host Customer has notified SEC or any Affiliate thereof of any existing defects therein which is not in the process of being investigated, addressed or repaired by SEC or any Affiliate thereof. Except in the case of a Substantial Stage Solar Asset, the Solar Photovoltaic Panels with respect to the related PV System were manufactured by an Approved Vendor at the time of installation. Inverters and Energy Storage Systems with respect to the related PV System were manufactured by an Approved Vendor at the time of installation.
PV System. The related PV System was properly delivered to and installed by related Seller or an Approved Installer for the related Host Customer in good repair, without defects and in satisfactory order. The related Host Customer has accepted the related PV System, and such Host Customer has not notified the Approved Installer or any Affiliate thereof of any existing defects therein which will not be addressed in accordance with its or the Seller’s standard policies and operating procedures. Either (i) the Solar Photovoltaic Panels, Inverters and batteries (if any) with respect to the related PV System were manufactured by an Approved Supplier or (ii) the inclusion of the related Solar Asset as an Eligible Solar Asset will not result in the aggregate Securitization Share of DSAB attributable to Eligible Solar Assets whose related PV Systems utilize any Solar Photovoltaic Panels, Inverters or batteries that were not manufactured by an Approved Supplier (as defined in Exhibit J to the Credit Agreement) exceeding [***] ([***]%) of the Securitization Share of ADSAB of all Eligible Solar Assets. The PV System is located in a state of the United States or Puerto Rico, in each case, which is covered in an Independent Engineering Report.
PV System a. The related PV System was installed (or in the case of a Substantial Stage Solar Asset, will be installed) on a Single-Family Residential Property, a multi-family home, clubhouse or apartment building in accordance with the applicable Underwriting and Reassignment Credit Policy; [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.
PV System. The Company owns the PV System Component Parts and the Ownership Benefits for all purposes and Homeowner has no Ownership interest in the PV System Component Parts or the Ownership Benefits. Homeowner acknowledges and agrees that the PV System Components Parts are the personal property of the Company and are not fixtures to the Premises.
PV System. To the Borrower’s Knowledge (i) the related PV System was Installed (as defined in the Master Lease Agreement) for the related Host Customer by an Installer (as defined in the Master Lease Agreement) in compliance with the Lessor’s written design/installation procedures, (ii) the related Host Customer has accepted the related PV System, and no related Host Customer has notified the Lessor, a HPS Party, the Provider or any affiliate thereof of any material existing defects therein which have an adverse impact on the operation of the PV System and are not in the process of being investigated, addressed or repaired by the Provider or any affiliate thereof and (iii) the Solar Photovoltaic Panels and Inverters with respect to the related PV System were manufactured by a vendor set forth on the Lessor’s approved vendor list at the time of installation or acquisition of such PV System by the Lessor. The related PV System was installed on a single-family, residential home or building located in a Project State (as defined in the Master Lease Agreement) and, to the Borrower’s Knowledge, one or more of the Host Customers under the related Customer Agreement is the owner of the real property on which the PV System is installed.
PV System. (i) The related PV System was Installed (as defined in the Master Lease Agreement) for the related Host Customer by an Installer (as defined in the Master Lease Agreement) in compliance with the Lessor’s written design/installation procedures; (ii) the related Host Customer has accepted the related PV System, and no related Host Customer has notified the Lessor, a HPS Party, the Provider or any affiliate thereof of any material existing defects therein which have an adverse impact on the operation of the PV System and are not in the process of being investigated, addressed or repaired by the Provider or any affiliate thereof; and (iii) the Solar Photovoltaic Panels and Inverters with respect to the related PV System were manufactured by a vendor set forth on the Lessor’s approved vendor list at the time of installation or acquisition of such PV System by the Lessor. The related PV System was installed on a single-family, residential home or building located in a Project State (as defined in the Master Lease Agreement) and one or more of the Host Customers under the related Customer Agreement is the owner of the real property on which the PV System is installed.
PV System. If this Agreement is for the purchase of Solar Electric (photovoltaic) equipment the Agreement will be subject to a site inspection and analysis by Company to determine the suitability of such project and the potential rebate adjustments. Purchaser understands that rebates and credits are estimates and subject to the customers individual site, system, and performance. The Standard Solar Electric System consists of solar modules from a manufacturer of Company’s choice, appropriate wiring, inverter system.
PV System. Landlord shall have the right, but not the obligation, at Landlord’s sole discretion to install a solar power generation system on the roof of the Building, which will be installed at Landlord’s expense (the “PV System”). Tenant agrees that in the event that Landlord installs a PV System, Tenant shall purchase from Landlord the electric energy generated by the PV System in order to satisfy its energy requirements, provided that the cost of such energy is less than that would be charged by the utilities provider (hereinafter referred to as the local distribution company (“LDC”)) for such energy consumption. The amount charged by Landlord for the electric energy generated by the PV System shall be considered Additional Rent. The Leased Premises shall be connected to the grid of the LDC providing electric energy to the Building such that in the event electrical energy cannot be provided by the PV System or if the electric energy generated by the PV System is insufficient to meet Tenant’s demand, then default electrical power known as basic generation service will be provided by the LDC through the LDC’s distribution system which is connected to the Building. It is understood that Txxxxx is responsible to pay directly to the LDC separately for any basic generation service the LDC provides, as well as any LDC invoiced distribution of such electric service. Tenant agrees to allow Lxxxxxxx to access the Leased Premises for the installation, siting, repair, and maintenance of the PV System, provided that such activities do not unreasonably interfere with the operation of Tenant’s business.
