Solar Asset Manager definition
Examples of Solar Asset Manager in a sentence
The Borrower shall cause the Solar Asset Manager (to the extent an Affiliate of the Borrower) and each Relevant Party that is party to a Solar Asset Management Agreement to (i) perform and observe all of the material terms, covenants and conditions of each Solar Asset Management Agreement and (ii) promptly notify the Agent of any notice to Borrower or a Managing Member of any material default under any Solar Asset Management Agreement.
The Solar Asset Manager resigns, removed or is replaced under a Solar Asset Management Agreement or a Solar Asset Servicing Agreement and, in each case, a replacement Solar Asset Manager, acceptable to the Agent has not accepted an appointment under such agreement within sixty (60) days of such resignation or removal.
The Borrower shall cause the Solar Asset Manager (to the extent an Affiliate of the Borrower) and each Relevant Party that is party to a Solar Asset Servicing Agreement to (i) perform and observe all of the material terms, covenants and conditions of each Solar Asset Servicing Agreement and (ii) promptly notify the Agent of any notice to Borrower or a Managing Member of any material default under any Solar Asset Servicing Agreement.