Eligible Solar Asset definition

Eligible Solar Asset means, on any date of determination, a Solar Asset:
Eligible Solar Asset means a Designated Solar Asset meeting, as of the related Cut-Off Date (or as of the Closing Date or related Transfer Date where so provided), all of the requirements set forth in Schedule I of the Contribution Agreement.
Eligible Solar Asset means, as of any date of determination, any Solar Asset for which all of the applicable criteria specified in Schedule I.

Examples of Eligible Solar Asset in a sentence

  • Each of the Solar Assets in the Borrowing Base is an Eligible Solar Asset.


More Definitions of Eligible Solar Asset

Eligible Solar Asset means a Solar Asset meeting, as of the related Cut-Off Date, all of the requirements set forth in Schedule I of the Sale and Contribution Agreement.
Eligible Solar Asset means a Designated Solar Asset meeting, as of the Cut-Off Date (or as of the Closing Date where so provided), all of the requirements specified in Schedule I of the Depositor Contribution Agreement.
Eligible Solar Asset means, as of any date of determination, any Solar Asset: (i) for which all of the applicable criteria specified in Schedule I were satisfied as of such date of determination; (ii) to the extent such Solar Asset is owned by a Tax Equity Fund, for which all of the applicable criteria set forth in Schedule II are satisfied with respect to such Tax Equity Fund as of such date of determination; (iii) to the extent such Solar Asset is owned by a Tax Equity Fund and such date of determination is the first Borrowing Date on which such Solar Asset is to be included in the Borrowing Base Pool, for which all of the applicable criteria set forth in Schedule III are true and correct with respect to such Tax Equity Fund as of such date of determination; (iv) to the extent such Solar Asset is owned by the Wholly-Owned Subsidiary, for which all of the applicable criteria set forth in Schedule VI are satisfied as of such date of determination; and (v) to the extent such Solar Asset is owned by the Wholly-Owned Subsidiary and such date of determination is the first Borrowing Date on which such Solar Asset is to be included in the Borrowing Base Pool, for which all of the applicable criteria set forth in Schedule VII are satisfied as of such date of determination. “Eligible Tax Equity Structure” means a (i) Partnership Flip Structure or Inverted Lease Structure as to which the Borrower can make the applicable Tax Equity Representations and (ii) any other tax equity structure approved by the Super-Majority Lenders. “Environmental Claim” means any and all obligations, liabilities, losses, administrative, regulatory or judicial actions, suits, demands, decrees, claims, liens, judgments, warning notices, notices of noncompliance or violation, investigations, proceedings, removal or remedial actions or orders, or damages, penalties, fees, out-of-pocket costs, expenses, disbursements, attorneys’ or
Eligible Solar Asset means, as the context requires, an Eligible TPO Solar Project or [***]. [***]
Eligible Solar Asset means, on any date of determination, a Solar Asset: [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.

Related to Eligible Solar Asset

  • Eligible student means a student who is eighteen years or older.

  • Eligible Receivable means, at any time, a Receivable:

  • Eligible Services means only those services detailed in the sub-section titled Eligible Services.

  • Eligible Securities means those securities which are identified as permissible securities for a particular Transaction Category.

  • Eligible group means two or more persons who are engaged in a

  • eligible client means a client of a person or company if any of the following apply:

  • Severely Distressed Receivable means, as of any date of determination, a Receivable (other than a Repurchased Receivable) (i) that is 60 or more days delinquent or, if less than 60 days delinquent, the related Obligor has experienced a hardship and, in the judgment of the Servicer in accordance with its Customary Servicing Practices, it is reasonably foreseeable that the Obligor will be unable to pay the Principal Balance of, and accrued and unpaid interest and fees on, such Receivable in accordance with its terms, (ii) that is a Defaulted Receivable, (iii) for which the Obligor is the subject of a bankruptcy or other insolvency proceeding, (iv) for which the related Financed Vehicle has been repossessed (or for which the Servicer has initiated repossession proceedings), (v) for which the related Financed Vehicle has been subject to theft or suffered destruction or damage that would be determined to be beyond repair in accordance with Customary Servicing Practices or (vi) for which the maturity date is in less than six months and, in the judgment of the Servicer in accordance with its Customary Servicing Practices, it is reasonably foreseeable that the Obligor will be unable to pay the Principal Balance of, and accrued and unpaid interest and fees on, such Receivable by the maturity date.