October 12, 2012 SolarCity Corporation

Exhibit 10.10a

October 12, 2012

SolarCity Corporation

0000 Xxxxxxxxx Xxx

San Mateo, CA 94127

RE: Consent to Revision of Post-Closing Requirements and Schedule 5.21(g)(ii) of the Revolving Credit Agreement

Ladies and Gentlemen:

Reference is made to that certain Credit Agreement dated as of September 10, 2012 (the “Revolving Credit Agreement”) among SolarCity Corporation, a Delaware corporation (“Borrower”), the guarantors thereunder, the Lenders thereunder (“Revolving Lenders”), Bank of America, N.A., as administrative agent (in such capacity, “Revolving Facility Agent”), and Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated, as sole lead arranger and sole book manager.

Pursuant to Section 6.18(e) of the Revolving Credit Agreement, Borrower is required to provide evidence the UCC financing statement recorded with the Delaware Secretary of State on March 19, 2009 with the filing number 90892031, naming Duvera Billing Services, LLC as the secured party thereunder and Borrower as the debtor thereunder (the “Duvera Lien”), has been properly terminated within 60 days of the Closing Date. Xxxxxxxx informed Revolving Facility Agent and the Revolving Lenders that in connection with the Duvera Lien, certain obligations relating to performance based incentives by the California Solar Initiative Program remain outstanding and are secured by the Xxxxxx Xxxx. Accordingly, Xxxxxxxx has requested Section 6.18(e) of the Revolving Credit Agreement be deleted in its entirety.

Pursuant to Section 5.21(g) of the Revolving Credit Agreement, Borrower is required to list each location where any personal property Collateral is located at any premises owned or leased by a Loan Party with a Collateral value in excess of $1,000,000. Borrower identified, in part (D) of Schedule 5.21(g)(ii), the Cranbury Township warehouse as containing inventory in excess of $1,000,000 but subsequent to the Closing Date determined such warehouse contains inventory below such threshold. Xxxxxxxx also informed the Revolving Lenders of additional corrections to Schedule 5.21(g)(ii). Accordingly, Xxxxxxxx has requested that Schedule 5.21(g)(ii) of the Revolving Credit Agreement be deleted in its entirety and replaced with the Schedule 5.21(g)(ii) attached hereto.

Revolving Facility Agent and Revolving Lenders (by their acceptance and agreement below) hereby (i) consent and authorize the deletion of Section 6.18(e) of the Revolving Credit Agreement in its entirety; and (ii) consent and authorize the deletion of Schedule 5.21(g)(ii) of the Revolving Credit Agreement in its entirety and replacement with Schedule 5.21(g)(ii) attached hereto.

The consents set forth above shall be effective only in this specific instance and for the specific purpose for which it is given, and this consent shall not entitle Borrower to any other or further

consent or waiver in any similar or other circumstances. The consent set forth above shall be limited precisely as written and shall not be deemed to (a) be a waiver or modification of any other term or condition of the Revolving Credit Agreement or any other Loan Document (as defined in the Revolving Credit Agreement) or (b) prejudice any right or remedy which Revolving Facility Agent or Revolving Lenders may now have or may have in the future under or in connection with the Revolving Credit Agreement or any Loan Document (as defined in the Revolving Credit Agreement).

This letter agreement may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. Delivery of an executed counterpart of this letter agreement by telefacsimile or other electronic transmission shall be equally as effective as delivery of an original executed counterpart of this letter agreement. Any party delivering an executed counterpart of this letter agreement by telefacsimile or other electronic transmission shall also deliver an original executed counterpart of this letter agreement, but the failure to do so shall not affect the validity, enforceability or binding effect of this letter agreement.

Please acknowledge your receipt of this letter agreement and acceptance of the foregoing terms and conditions by signing and dating the enclosed counterpart of this letter agreement where indicated below and returning the same to the undersigned as soon as possible.

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If the foregoing is in accordance with your understanding, please sign and return this letter agreement to us.

BANK OF AMERICA, N.A., as Administrative Agent
By:		/s/ Xxxxxxx Xxxxxxx
		Xxxxxxx Xxxxxxx
		Vice President, Agency Management

Consent Letter - Revolving Credit Agreement

ACCEPTED AND AGREED TO
AS OF THE DATE FIRST ABOVE WRITTEN:
BANK OF AMERICA, N.A., as Revolving Lender
By:		/s/ Xxxx X. Xxxxxxx
Name:		Xxxx X. Xxxxxxx
Title:		Vice President

Consent Letter - Revolving Credit Agreement

BRIDGE BANK, NATIONAL ASSOCIATION,
as a Revolving Lender
By:		/s/ Xxxxx Xxxxxx
Name:		Xxxxx Xxxxxx
Title:		Vice President

Consent Letter - Revolving Credit Agreement

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
as a Revolving Lender
By:		/s/ Xxxx X’Xxxx
Name:		Xxxx X’Xxxx
Title:		Director
By:		/s/ Xxxxx X. Xxxxx
Name:		Xxxxx X. Xxxxx
Title:		Associate

Consent Letter - Revolving Credit Agreement

SOLARCITY CORPORATION
By:		/s/ Xxxxxx Xxxxx
Name:		Xxxxxx Xxxxx
Title:		Chief Financial Officer

Consent Letter - Revolving Credit Agreement

SCHEDULE 5.21(g)(ii)

Other Properties

(A)

Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
0000 Xxxxxxxxx Xxx Xxx Xxxxx, XX 00000		San Mateo		Leased		[Lessor]		N/A
0000 Xxxxxx Xxxxx Xxx Xxxxx, XX 00000		San Mateo		Leased		[Lessor]		N/A

(B)

Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Washington, DC		000 0xx Xxxxxx, XX Xxxxx 000 Xxxxxxxxxx, XX 00000		Xxxxxxxx of Columbia		Leased		[Lessor]		N/A

(C)

Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Dewey		0000 Xxxxx Xxxxx 00 Xxxxx, XX 00000		Yavapai		Leased		[Lessor]		N/A
Phoenix (North) Deer Valley		0000 Xxxx Xxxxxxxx Xxxx X, Xxxxxx 00-00 Xxxxxxx, XX 00000		Maricopa		Leased		[Lessor]		N/A
Phoenix (South)		0000 X. Xxxxxx Xxxx Xxxxxxx, XX 00000		Maricopa		Leased		[Lessor]		N/A
Phoenix (South)		0000 X. 00xx Xx. Xxxxxxx, XX 00000		Maricopa		Leased		[Lessor]		N/A
Tucson		0000 X. Xxxxxxxxxxx, Xxxxx 000 Xxxxxx, XX 00000		Pima		Leased		[Lessor]		N/A
Bakersfield		0000 Xxxxx Xxxxxx, Xxxxxx X & X Xxxxxxxxxxx, XX 00000		Xxxx		Leased		[Lessor]		N/A
Berkeley		0000 Xxxxxxxxx Xxxxxxxx Xxxx Xxxxxxxx, XX 00000		Alameda		Leased		[Lessor]		N/A
Xxxxxx City		000 Xxxxxx Xxxx Xxxx Xxxxxx Xxxx, XX 00000		San Mateo		Leased		[Lessor]		N/A
Fresno		0000 X. Xxxxxx Xxx Xxxxxx, XX 00000		Fresno		Leased		[Lessor]		N/A
Los Angeles		0000 Xxxxxxx Xxxxx Xxx Xxxxxxx, XX 00000		Los Angeles		Leased		[Lessor]		N/A
Lancaster (Resi)		000 Xxxx Xxxxxx X0 Xxxx 0, Units 109, 000 & 000 Xxxxxxxxx, XX 00000		Los Angeles		Leased		[Lessor]		N/A
Pomona		0000 Xxxxxxxxxxxx Xxxxx Xxxxxx, XX 00000		Los Angeles		Leased		[Lessor]		N/A
Sacramento		0000 Xxxxxxx Xxx, Xxxxx 000 Xxxxxxxxxx, XX 00000		Sacramento		Leased		[Lessor]		N/A
San Diego		0000 Xxxxxxx Xxxxx Xxx Xxxxx, XX 00000		San Diego		Leased		[Lessor]		N/A

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Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Santa Xxx		0000 Xxxxx Xxxxx Xxx Xxxxx Xxx, XX 00000		Orange		Leased		[Lessor]		N/A
Temecula		00000 Xxxxxxx Xxxxxxxx, Xxxxx X Xxxxxxxx, XX 00000		Riverside		Leased		[Lessor]		N/A
Torrance		0000 Xxxx Xxxxx Parkway Suites E and F Torrance, CA 90501		Los Angeles		Leased		[Lessor]		N/A
Denver		000 Xxxx 00xx Xxx, Xxxx 0X Xxxxxx, XX 00000		Xxxxx		Leased		[Lessor]		N/A
Parker		00000 Xxxxxxxxxxx Xxxx Xxxxxx, XX 00000		Xxxxxxx		Leased		[Lessor]		N/A
Rocky Hill		000 Xxxxx Xxxxxx Xxxxx Xxxx, XX 00000		Hartford		Leased		[Lessor]		N/A
Wethersfield		00 Xxxxx Xxxx, #000 Xxxxxxxxxxxx, XX 00000		Hartford		Leased		[Lessor]		N/A
Mililani		000 Xxxxxx Xxx Xxxxxxxx, XX 00000		Honolulu		Leased		[Lessor]		N/A
Marlborough		00 Xx. Xxxxxx Xxxxx Xxxxxxxx 0, Xxxx 00 Xxxxxxxxxxx, XX 00000		Middlesex		Leased		[Lessor]		N/A
Beltsville		0000 Xxxxxxxx Xxxxx Xxxx, # 000 Xxxxxxxxxx, XX 00000		Prince Xxxxxx’s		Leased		[Lessor]		N/A
Silver Spring		0000 Xxxxxxx Xxx Xxxxxx Xxxxxx, XX 00000		Xxxxxxxxxx		Leased		[Lessor]		N/A
Cherry Hill		0000 Xxxx Xxxxxxx Xxxx Xxxxxx Xxxx, XX 00000		Camden		Leased		[Lessor]		N/A

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Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Colonie		00 Xxxxx Xxxx Xxxxxxx, XX 00000		Albany		Leased		[Lessor]		N/A
Albany		0 Xxxxxxx Xxxx Xxxxxx, XX 00000		Albany		Leased		[Lessor]		N/A
Brooklyn		000 Xxxxx Xx 0xx Xxxxx, Xxxx 0 Xxxxxxxx, XX 00000		Kings		Leased		[Lessor]		N/A
Portland		0000 XX 000xx Xxxxxx Xxxxxxxx, XX 00000		Multnomah		Leased		[Lessor]		N/A
Broomall		000 Xxxxxxx Xxxx Xxxxxxxx, XX 00000		Delaware		Leased		[Lessor]		N/A
Dallas		00000 Xxxxx Xxxxx, Xxxxx 000 Xxxxxx, XX 00000		Dallas		Leased		[Lessor]		N/A
Mississauga		0000 Xxxxxxx Xxxxx Xxxxxxxxxxx, XX X0X 0X0 Xxxxxx		Ontario (province)		Leased		[Lessor]
Chandler		000 X. 00xx Xxxxxx Xxxxxxxx, XX 00000		Maricopa		Leased		[Lessor]		N/A
Hayward		00000 Xxxxxxx Xx Xxxxxxx, XX 00000 0000 X. Xxxxxx Xxxxxxx, XX 000000		Alameda		Leased		[Lessor]		N/A
Rancho Cucamonga		00000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000		San Bernardino		Leased		[Lessor]		N/A

-4-

Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Allentown		0000 Xxxxxx Xxxxx Xxxxxxxxx, XX 00000 0000 Xxxxxx Xxxxx Xxxxxxxxx, XX 000000		Lehigh		Leased		[Lessor]		N/A
Westchester		000 Xxxxxxxxx Xxxxx Xxxxxxxx, XX 00000		Westchester		Leased		[Lessor]		N/A
Honolulu		000 X. Xxxxxx Xxx Xxxxxxxx, XX 00000		Honolulu		Leased		[Lessor]		N/A
Cranbury Township		0 Xxxxxxxxx Xxxxx Xxxxxxxx Xxxxxxxx, XX 00000		Middlesex		Leased		[Lessor]		N/A

(D)²

Location		Address		County		Leased or owned		If leased, name of lessor		To the extent owned, approximate fair market value of such property
Hayward		00000 Xxxxxxx Xx Xxxxxxx, XX 00000 0000 X. Xxxxxx Xxxxxxx, XX 000000		Alameda		Leased		[Lessor]		N/A
Rancho Cucamonga		00000 Xxxxx Xxxxx Xxxxxx Xxxxxxxxx, XX 00000		San Bernardino		Leased		[Lessor]		N/A
Allentown		0000 Xxxxxx Xxxxx Xxxxxxxxx, XX 00000 0000 Xxxxxx Xxxxx Xxxxxxxxx, XX 0000000		Lehigh		Leased		[Lessor]		N/A
Elmsford		000 Xxxxxxxxx Xxxxx Xxxxxxxx, XX 00000		Westchester		Leased		[Lessor]		N/A
Mililani		000 Xxxxxx Xxx Xxxxxxxx, XX 00000		Honolulu		Leased		[Lessor]		N/A

¹  This location is used to hold overflow inventory from the primary location.

²  Information provided for warehouses that hold more than $1 million in Collateral.

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