Sale of Home. If you sell the Home you:
(i) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) meets Sunrun’s credit requirements of a FICO score of 650 or higher and (b) agrees in writing to be bound by all of the terms and conditions set forth herein; or
(ii) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) (i) qualifies for a mortgage to purchase the Home or (ii) purchases the Home in cash, (b) either you or the new owner pays Sunrun a $250.00 credit check exemption fee and (c) the new owner agrees in writing to be bound by all of the terms and conditions set forth herein; or
(iii) Will be deemed to have terminated this Agreement and Sunrun may exercise its rights under Section G(10) if:
1. You sell or otherwise transfer your interest in the Home without either purchasing the Solar System or assigning this Agreement to the new owner in accordance with the terms of this Section, or
2. The new owner refuses to assume the Agreement.
Sale of Home. So long as the Lessee timely pays their rent and otherwise their obligations under this Lease and no Default has occurred and is continuing under Section 18, below, the Lessee shall have the right to sell their Home and assign all, but not less than all, of their rights under this Lease to financially qualified purchaser(s) of the Home, provided that (1) such purchaser(s) is/are acceptable to Lessor in accordance with the Lessor’s customary approval standards, those used by Lessor when considering prospective residents of the Community, (2) such purchaser is acceptable to any lender providing financing secured by a mortgage, deed of trust or similar instrument encumbering the Home, (3) such purchaser agrees in writing in the document of transfer to assume and be bound by all of the terms and conditions contained in this Lease, and, (4) the Lessee and the prospective purchaser otherwise comply with the conditions described in this Section 15(a). Should the Home, at the time of transfer, be financed by a bank, savings and loan, insurance company or other financial institution generally providing home mortgage financing, the Lessor agrees that such purchaser(s) will be considered acceptable to the Lessor under clause (1), above, if the Lessor reasonably determines that the proposed transferee is creditworthy.
Sale of Home. Assignment and Foreclosure
Sale of Home. So long as the Lessees timely pay their rent and otherwise comply with their obligations under this Lease and no Default has occurred and is continuing under Section 18, below, the Lessee shall have the right to sell their Home and assign all, but not less than all, of their rights under this Lease to financially qualified purchaser(s) of the Home, provided that (1) such purchaser(s) is/are acceptable to Lessor in accordance with the Lessor's customary approval standards, those used by Lessor when considering prospective residents of the Community; (2) such purchaser is acceptable to any lender providing financing secured by a mortgage, deed of trust similar instrument encumbering the Home; (3) such purchaser agrees in writing in the document of transfer to assume and be bound by all of the terms and conditions contained in this Lease; and (4) the Lessee and the prospective purchaser otherwise comply with the conditions described in this Section 1 5(a). Should the Home, at the time of transfer, be financed by a bank, savings and loan, insurance company, or other financial institution generally providing home mortgage financing, the Lessor agrees that such purchaser(s) will be considered acceptable to the Lessor under clause (1 ), above, if the Lessor reasonably determines that the proposed transferee is creditworthy. Should the Lessee desire to sell the Home and assign their interest in the Lease, then the Lessee shall deliver to the Lessor written notice of the proposed transaction at least 30 days prior to the proposed closing date (or a shorter period of time reasonably requested by the Lessor, if the proposed closing date is less than 30 days following execution of the proposed contract of sale), along with the proposed contract of sale, duly executed by each of the parties but subject to the terms of this Lease, and a fully completed and executed rental application completed by the proposed purchaser(s) on the Lessor's standard form. The Lessor may charge a reasonable fee for reviewing and processing the proposed assignment transaction. The Lessor shall, within t e n ( 10) days following receipt of the completed application and processing fee, advise the Residents of its approval or disapproval of the proposed purchaser(s). Notwithstanding anything to the contrary contained in this Section 15(a), in lieu of granting its approval to the sale of the Home the Lessor may instead elect to purchase the Home and take an assignment of and assume the Lease on ...
Sale of Home. The Resident agrees to comply, in sequential step by step order, with the procedures in "Home Sales Procedures," attached hereto as Addendum B and made a part hereof, should he elect to sell his home where the intent is for the home to remain upon the Premises subsequent to the sale.
Sale of Home. If you sell the Home you:
(i) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) meets Sunrun’s credit requirements of a FICO score of 650 or higher and (b) agrees in writing to be bound by all of the terms and conditions set forth herein. Contact Sunrun’s Customer Care Department at xxxxxxxxxxxx@xxxxxxxxxx.xxx to obtain an assignment agreement; or
(ii) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) qualifies for a mortgage to purchase the Home or (b) purchases the Home in cash and either you or the new owner pays Sunrun a $250.00 credit check exemption fee.
(iii) Will be deemed to have terminated this Agreement and Sunrun may exercise its rights under Section G(11) if:
1. You sell or otherwise transfer your interest in the Home without either purchasing the Solar System or assigning this Agreement to the new owner in accordance with the terms of this Section, or
2. The new owner refuses to assume the Agreement.
(ii) Assignment of Agreement. Sunrun may, without your consent, assign, lease, sublease, or transfer the Solar System and this Agreement, along with all rights and obligations hereunder, to any third party (each, an "Assignee"), for any purpose, including without limitation, collection of unpaid amounts, financing of the Solar System's installation, or in the event of an acquisition, corporate reorganization, merger or sale of substantially all of Sunrun’s assets to another entity. If Sunrun assigns the Agreement, Sunrun will continue to operate and maintain the Solar System until you receive written notice otherwise. Sunrun requests a minimum of fifteen (15) days’ prior written notice if you wish to assign the Agreement.
(iii) All assignments shall be made in writing. Inquiries and notices regarding assignment shall be directed to you at the Home and shall be directed to Sunrun at the address set forth in Section G(13).
Sale of Home. In the event the display home erected pursuant hereto is sold prior to the Home Show event, possession to the purchaser shall be deferred until after the event is completed and said sale shall be subject to the terms hereof.
Sale of Home. An eligible transferred employee who owns, and ordinarily resides in, a house is entitled to be reimbursed for reasonable expenses incurred if the employee is moved to another locality and sells or enters into an agreement to sell the house.
Sale of Home. If you sell the Home you:
(i) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) meets Sunrun’s credit requirements of a FICO score of 650 or higher and (b) agrees in writing to be bound by all of the terms and conditions set forth herein; or
(ii) May transfer all rights and obligations under this Agreement to the new owner, provided that the new owner (a) (i) qualifies for a mortgage to purchase the Home or (ii) purchases the Home in cash and
Sale of Home. Resident is prohibited from attempting to sell and from selling the Home without first obtaining the written consent of the Community Owner as to the prospective purchaser, which consent will not be unreasonably withheld.