Equipment Replacement Reserve Required Balance means, (i) prior to the Commitment Termination Date, $[***], and (ii) after the Commitment Termination Date, an amount equal to the sum of (a) the product of (x) $[***] and (y) the aggregate DC nameplate capacity (measured in kW) of all PV Systems owned by the Borrower which are operational (excluding Transferable Solar Loans) and that have related Solar Loans with remaining terms that exceed the remaining terms of the related manufacturer warranty for the Inverter associated with such PV System and (b) the product of (x) $[***] and (y) the aggregate storage capacity (measured in kWh) of the batteries included in Energy Storage Systems (including Independent Energy Storage Systems) related to Solar Loans which are operational (excluding Transferable Solar Loans) with remaining terms that exceed the remaining terms of the related manufacturer warranty for such Energy Storage System.
Equipment Replacement Reserve Required Balance means an amount equal to the sum of (a) the product of (1) $[***] and (2) the aggregate DC nameplate capacity (measured in kW) of all PV Systems related to the Solar Loans owned by the Issuer (excluding Defaulted Solar Loans in respect of PV Systems related to PV Solar Loans or PV/ESS Solar Loans that are not operational and not in the process of being removed) on the related Determination Date that have related Solar Loan Agreements with remaining terms that exceed the remaining terms of the related Manufacturer Warranty for the Inverter associated with such PV System and (b) the product of (1) $[***] and (2) the aggregate storage capacity (measured in kWh) of the batteries included in Energy Storage Systems related to Solar Loans owned by the Issuer (excluding Defaulted Solar Loans in respect of Energy Storage Systems related to PV/ESS Solar Loans or ESS Solar Loans that are not operational and not in the process of being removed) on the related Determination Date that have related Solar Loan Agreements with remaining terms that exceed the remaining terms of the related Manufacturer Warranty for such Energy Storage System.
Equipment Replacement Reserve Required Balance means, for any Payment Date, an amount equal to the sum of (a) the product of (1) $[***] and (2) the aggregate DC nameplate capacity (measured in kW) of all PV Systems related to the Solar Loans owned by the Borrower (excluding Defaulted Solar Loans in respect of PV Systems related to PV Solar Loans or PV/XXXX Solar Loans that are not operational and not in the process of being removed) on the related Determination Date that have related Customer Contracts with remaining terms that exceed the remaining terms of the related Manufacturer Warranty for the Inverter associated with such PV System and (b) the product of (1) $[***] and (2) the aggregate storage capacity (measured in kWh) of the batteries included in XXXX Systems related to Solar Loans owned by the Borrower (excluding Defaulted Solar Loans in respect of XXXX Systems related to PV/XXXX Solar Loans or XXXX Solar Loans that are not operational and not in the process of being removed) on the related Determination Date that have related Customer Contracts with remaining terms that exceed the remaining terms of the related Manufacturer Warranty for such XXXX System.
Examples of Equipment Replacement Reserve Required Balance in a sentence
Of 52 evaluable patients, the grade 2+ combined acute AE rate was 77%.
The securities markets in the PRC are emerging markets that are undergoing rapid growth and changes.
The reduction shall be in the amount shown on the Monthly Servicer Report as the Equipment Replacement Reserve Account “reductions” and the remaining stated amount of the Letter of Credit shall be equal to the Equipment Replacement Reserve Required Balance “ending required amount” as shown on the Monthly Servicer Report.
More Definitions of Equipment Replacement Reserve Required Balance
Equipment Replacement Reserve Required Balance has, with respect to any Guaranteed Loan, the meaning ascribed to such term in the applicable Loan Agreement.
Equipment Replacement Reserve Required Balance has, with respect to any Guaranteed Loan, the meaning ascribed to such term in the applicable Loan Agreement. [***] = 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.
Equipment Replacement Reserve Required Balance means, (i) prior to the Commitment Termination Date, $0, and (ii) after the Commitment Termination Date, an amount equal to the sum of (a) the product of (x) $175 and (y) the aggregate DC nameplate capacity (measured in kW) of all PV Systems owned by the Borrower which are operational (excluding Transferable Solar Loans) and that have related Solar Loans with remaining terms that exceed the remaining terms of the related manufacturer warranty for the Inverter associated with such PV System and (b) the product of (x) $300 and (y) the aggregate storage capacity (measured in kWh) of the batteries included in Energy Storage Systems (including Independent Energy Storage Systems) related to Solar Loans which are operational (excluding Transferable Solar Loans) with remaining terms that exceed the remaining terms of the related manufacturer warranty for such Energy Storage System.