PV System Assets definition

PV System Assets means each and all of the assets of which the PV System is comprised, including the solar energy panels, mounting systems, carports, tracking devices, inverters, integrators, Battery Energy Storage Systems, if any, and other related equipment and components installed on the Premises, electric lines and conduits required to connect such equipment to the Point of Delivery, protective and associated equipment, improvements, Metering Device(s), and other tangible and intangible assets, permits, property rights and contract rights reasonably necessary for the construction, operation, and maintenance of the PV System.
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PV System Assets means each and all of the assets of which the PV System is comprised, including the solar energy panels, mounting systems, carports, tracking devices, inverters, integrators, Battery Energy Storage System, if any, and other related equipment and components installed on the Premises, electric lines and conduits required to connect such equipment to the Point of Delivery, protective and associated equipment, improvements, Metering Device(s), and other tangible and intangible assets, Permits, property rights and contract rights reasonably necessary for the construction, operation, and maintenance of the PV System.
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Examples of PV System Assets in a sentence

  • Except as otherwise set forth in Section 4.12 (Abandonment of PV System), Section 4.13 (User’s Right to Acquire the PV System) and Article 13 (PV System Purchase and Sale Options), User shall have no ownership of or other interest in the PV System or any PV System Assets or other equipment or personal property of Contractor installed on the Premises, and Contractor may remove all or any portion of the PV System or any PV System Assets at any time and from time to time as further provided in the Agreement.

  • Without limiting the generality of the foregoing, User hereby waives any statutory or common law lien that it might otherwise have in or to the PV System and other PV System Assets or any portion thereof.

Related to PV System Assets

  • PV System means, a photovoltaic system, including Solar Photovoltaic Panels, Inverters, Racking Systems, wiring and other electrical devices, as applicable, conduits, weatherproof housings, hardware, remote monitoring equipment, connectors, meters, disconnects and over current devices (including any replacement or additional parts included from time to time).

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.