Solar Lease definition

Solar Lease means, collectively, (i) that certain Lease between Owner and Xxxxxxx X. Xxxxxx and wife Xxxxxx X. Xxxxxx, dated October 20, 2015, as amended by Amendment of Lease dated January 22, 2016, and as further amended by Second Amendment of Lease dated July 19, 2016 and (ii) that certain Lease between Owner and Xxxxx Xxxxxx Xxxxx, Jr. and wife Xxxxxxxxx X. Xxxxx, dated November 7, 2013, as amended by Amendment of Lease dated January 25, 2016, and as further amended by Second Amendment of Lease dated July 19, 2016, copies of which Contractor acknowledges have been provided by Owner to Contractor.
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Solar Lease means that certain Ground Lease Agreement, as amended, by and between the owner of the Site as lessor and Contractor as lessee, dated [LEASE DATE], a copy of which Subcontractor acknowledges has been provided by Contractor to Subcontractor. 4
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Solar Lease means, if Solar Lease is marked “Applicable” in Section 1.05, that certain lease entered into by and between the Borrower and the Solar Equipment Owner for the leasing of that portion of the Mortgaged Property containing the Solar Equipment.
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Examples of Solar Lease in a sentence

  • CT Solar Lease 2 was a public-private partnership structure that brought $50 million of lease financing to the market, with a 5-to-1 private:public leverage ratio.

  • The Town, a New York municipality (hereinafter referred to as the “Town”) and ENTITY NAME, NY LLC, (hereinafter referred to as the “Lessee”) have entered into a Solar Lease Agreement dated Date (the “Agreement”).

  • She stated that CT Solar Lease has ended and that they are no longer accepting applications.

  • All Eversource Energy (Eversource) and United Illuminating Company (UI) ratepayers (Home and Commercial Owners) participating in the RSIP or CT Solar Lease Commercial programs are required to install revenue-grade monitoring devices on their solar PV systems to determine gross energy production.

  • Green Bank also provides financing for residential and commercial solar projects through our Smart-E and Commercial Solar Lease facilities.

  • This Solar Lease Credit will be itemized on the Lessee’s monthly electric bills in accordance with BWL’s normal monthly billing for service, so long as the participating Lessee remains an electric customer of the BWL at the Service Address approved in this Lease, or future service addresses in the BWL Service Territory.

  • Figure 9: CT Solar Lease 2 Financing Structure4 In addition to the Solar Lease, the Green Bank created the CT Solar Loan Product for consumers who wanted to directly own their own solar panels but did not have the cash on hand for the installation.

  • Similar to financing products offered by companies like SolarCity the CT Solar Lease 2 was a public-private partnership structure that brought $50 million of lease financing to the market, with a 5-to-1 private:public leverage ratio.

  • This measure determines the amount that the customer will pay the solar finance company per KWH produced.The Solar Lease is an unsecured lease agreement used by property owners to use a Solar PV system to reduce their electricity cost for a term of five to twenty years.

  • This payment is fixed for at least five of the ten to twenty year term of the lease and it may include escalations for inflation increases, as well as fixed-term step-up payments over the Solar Lease term.


More Definitions of Solar Lease

Solar Lease means that certain Ground Lease for Solar Facility dated February 16, 2016 by and between Xxxxxx X. Xxxxx and Xxxxxxxxx X. Xxxxx, as Trustees of the Xxxxxx and Xxxxxxxxx Xxxxx Family Trust dated March 30, 2006 (as “Landlord”) and King and Xxxxxxxx 001/16597.001/Excrow Phase 3/2nd Amendment Farms, LLC (now known as V Lions) (as “Tenant”), a copy of which is attached hereto as Exhibit F.
Sample 1
Solar Lease means that certain Solar Land Lease Agreement, dated as of June 9, 2011, between Seller, as landlord, and NJRCEV, as tenant, as amended.
Sample 1

Related to Solar Lease

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Lease means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. Unless the context clearly indicates otherwise, the term includes a sublease.