Timely Completion of Solar Energy Systems. If a Solar Energy System does not reach (a) NTP within 30 days of credit approval of the applicable Customer, (b) Installation Completion within 120 calendar days after NTP, or (c) Final Completion within 180 calendar days after NTP, Program Administrator may (i) increase the Seller’s Points applicable to the Loan financing such Solar Energy System, and/or (ii) step in to assume control over achieving Final Completion by retaining one or more contractors and/or suppliers of goods and services as necessary to complete and/or correct all or any portion of Participant’s work so as to achieve Final Completion. Upon the achievement of Final Completion, Program Administrator, on behalf of the applicable Financing Provider, shall return to Participant any amounts refunded, set off or debited pursuant to Section 2.7 of the Participation Agreement, less an amount equal to the sum of (a) the amount of any increased Seller’s Points pursuant to clause (i) above, and (b) any expenses incurred by Program Administrator or the applicable Financing Provider in connection with the delay in achieving Installation Completion or Final Completion, as applicable, including but not limited to Customer Dispute Amounts and amounts incurred in the exercise of step-in rights pursuant to the preceding sentence. The remedies set forth in this Section 1.3 are in addition to any remedies available to Program Administrator or the applicable Financing Provider under Section 2.7 of the Participation Agreement, all of which remedies are cumulative.
Timely Completion of Solar Energy Systems. If a Solar Energy System does not reach Final Completion by the earlier to occur of (a) 90 calendar days after Installation Completion or (b) 180 calendar days after the Customer signs the Loan Agreement, in addition to any remedies available to Program Administrator or the applicable Funding Provider under Section 3.3 of the Participation Agreement, the Program Administrator may step in to assume control over achieving Final Completion by retaining one or more contractors and/or suppliers of goods and services as necessary to complete and/or correct all or any portion of Participant’s work so as to achieve Final Completion. Upon the achievement of Final Completion, Program Administrator, on behalf of the applicable Funding Provider, shall return to Participant any amounts refunded, set off or debited pursuant to Section 3.3 of the Participation Agreement, less an amount equal to the greater of (a) $1,000 or (b) any expenses incurred by Program Administrator or the applicable Funding Provider in connection with the delay in achieving Final Completion, including but not limited to Customer Dispute Amounts and amounts incurred in the exercise of step-in rights pursuant to the preceding sentence.
