Lessor Partnership definition

Lessor Partnership means a bankruptcy-remote special purpose vehicle, that (a) is member managed by a Lessor Managing Member and (b) leases a specific, segregated pool of PV Systems to a partnership in which the Investor or a subsidiary of the Investor is a member, as lessee.
Lessor Partnership means a bankruptcy-remote special purpose vehicle, that (a) is member managed by a Lessor Managing Member, (b) the other members of which are one or more Investors (or a partnership in which one or more Investors or a subsidiary of one or more Kronor Loan Agreement [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Investors is a member) and (c) owns a specific, segregated pool of PV Systems. Each Lessor Partnership is listed on Appendix 4, as such Appendix may be updated from time to time in accordance with the terms hereof.

Examples of Lessor Partnership in a sentence

  • The Borrower shall, or shall cause, all Actual Net Cash Flows paid to the Borrower by a Partnership, Partnership Managing Member, Lessor Managing Member or Lessor Partnership to be deposited in the Revenue Account.

  • Such PV System and the related Customer Agreement have been assigned to and are owned by the Lessor Partnership or Partnership, to which the Managing Member has an Equity Interest, free and clear of all liens and encumbrances, except for liens permitted under the applicable Project Documents of the applicable Subject Fund, as applicable.

  • Partnership Managing Member / Lessor Managing Member Equity Interests Owned as of date related Partnership or Lessor Partnership becomes a Subject Fund [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] Schedule 1.1(B) [***] Confidential treatment has been requested for the bracketed portions.

  • If the applicable Subject Fund is a Partnership Flip Structure or an Other Non-Financed Structure, the PV System is insured as specified under the applicable Project Documents and (ii) if the applicable Subject Fund is an Inverted Lease Structure or Partnership Lease Pass Through Structure, none of the Borrower, the Lessor or Lessor Partnership, as applicable, or SolarCity is aware of a breach of Lessee’s covenant to insure the PV System pursuant to the terms of the applicable Project Documents.

  • Partnership Managing Member / Lessor Managing Member / Borrower Subsidiary (Other Non-Financed Structure) Equity Interests Owned as of date related Partnership or Lessor Partnership becomes a Subject Fund [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] Schedule 1.1(B) [***] Confidential treatment has been requested for the bracketed portions.