Common use of Sale of Home Clause in Contracts

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. 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) (i) qualifies for a mortgage to purchase the Home or (iib) purchases the Home in cash, (b) cash and 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; orfee. (iii) Will be deemed to have terminated this Agreement and Sunrun may exercise its rights under Section G(10G(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.