Solar Loan Balance definition

Solar Loan Balance means, with respect to any Solar Loan, as of any date of determination, the outstanding principal balance under the related Solar Loan, excluding any capitalized interest; provided that, with respect to any Substantial Stage Date Solar Loan for which the Substantial Stage Date Advance Rate is determined by reference to the proviso to the definition of “Substantial Stage Date Advance Rate”, the Solar Loan Balance shall be equal to the amount disbursed to channel partners for services rendered on the applicable Solar Loan Contract.
Solar Loan Balance means, as of any date of determination, the outstanding principal balance due under or in respect of a Solar Loan (including a Defaulted Solar Loan). [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.
Solar Loan Balance means, as of any date of determination, the outstanding principal balance due under or in respect of a Solar Loan (including a Defaulted Solar Loan). [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.

Examples of Solar Loan Balance in a sentence

  • As of the Initial Cut-Off Date, the Aggregate Closing Date Solar Loan Balance is at least $[***].


More Definitions of Solar Loan Balance

Solar Loan Balance means, as of any date of determination, the outstanding principal balance due under or in respect of a Solar Loan (including a Defaulted Solar Loan). [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Solar Loan Balance means, as of any date of determination, the outstanding principal balance due under or in respect of a Solar Loan (including a Defaulted Solar Loan). [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.

Related to Solar Loan Balance

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.