Solar Cells definition
Examples of Solar Cells in a sentence
Pursuant to any Operations and Maintenance Agreement, the EPC and the O&M shall perform all Project operations and equipment maintenance, including registration of all applicable warranty terms for Solar Cells and Solar Equipment.
If upon termination or expiration of this Cell Owner Agreement, the Solar Cell Owner has any outstanding payment obligations to Sun-Ex, Sun-Ex may exercise its rights and remedies as a secured creditor under applicable Law with respect to the Solar Cells.
Sun-Ex may lease the Solar Cells to the Consumer, its successors or assigns.
Sun-Ex shall not use any Hazardous Substances at the Site or in connection with the use or operation of the Solar Cells and the Project except to the extent reasonable or appropriate in the ordinary course of Sun-Ex’s business and in material compliance with all Environmental Laws.
Unless an Event of Default exists, Sun-Ex, upon payment of all Solar Cell Owner Rentals due and upon performance and observance of all of its covenants herein contained, shall peaceably and quietly have, hold, occupy, use and enjoy and shall have the full, exclusive and unrestricted use and enjoyment of, all of the Solar Cells during the Term.
The Solar Cells and related rights and assets constituting the Solar Cells shall automatically become subject to this Cell Owner Agreement upon the Crowdsale End.
In such event, Sun-Ex will use commercially reasonable efforts to enter into an alternative project lease for the remainder of the Term, with terms and conditions that Sun-Ex determines, in its’ sole discretion, are reasonable for Solar Cells and Solar Equipment of such capacity and age in the commercial environment at that time.
Solar Cell Owner shall not in any way encumber the Solar Cells or its rights under this Cell Owner Agreement.
All Repairs shall be made according to industry best practices and pursuant to the Operations and Maintenance Agreement, and shall be at least equal in quality to the original equipment being repaired, and shall have a remaining useful life at least equal to such original improvements and shall be made in accordance with all Legal Requirements and all applicable warranties related to the Solar Cells.
Nothing contained in this Section, however, shall be construed to allow any such contested Impositions to remain unpaid for a length of time which would permit the Project, or any part thereof including the Solar Cells, to be subject to an Encumbrance in favor of any Governmental Authority for the non-payment of such Impositions.