Sunnova Intermediate Holdings definition
Examples of Sunnova Intermediate Holdings in a sentence
The Borrower shall cause Sunnova Energy, Sunnova Intermediate Holdings, Sunnova Hestia Holdings, and the Depositor to file all required Tax Returns and associated forms, reports, schedules and supplements thereto in a manner consistent with such characterizations unless otherwise required by Applicable Law.
Parent: Sunnova Energy Corporation (“SEC” and “Parent”), which owns assets and LLC interests per the Org Chart NewCo: [Sunnova Holdings] (“NewCo”), which owns 100% of the equity interests in Parent Borrower: Sunnova Intermediate Holdings, LLC or a newly-formed wholly-owned entity, which owns assets and LLC interests per the Org Chart, and which shall be a bankruptcy-remote SPV.
The Sunnova NPA Parties, and together with Sunnova Management, Sunnova Sol Holdings, Sunnova Intermediate Holdings, each Managing Member and each Project Company are referred to herein as a “Sunnova Entity” and collectively, the “Sunnova Entities”.
None of Sunnova Intermediate Holdings, Sunnova Hestia Holdings, the Depositor, the Capital Markets Issuer, the Lender or the Borrower shall become or seek to become organized under the laws of more than one jurisdiction.
None of Sunnova Intermediate Holdings, Sunnova ABS Holdings, the Depositor or the Issuer shall become or seek to become organized under the laws of more than one jurisdiction.
Any consolidated financial statements which consolidate the assets and earnings of Sunnova Energy, Sunnova Intermediate Holdings, Sunnova ABS Holdings or the Depositor with those of the Issuer will contain a footnote to the effect that the assets of the Issuer will not be available to creditors of Sunnova Energy, Sunnova Intermediate Holdings, Sunnova ABS Holdings or the Depositor or any other Person other than creditors of the Issuer.
The financial statements of the Issuer, if any, will disclose that the assets of Sunnova Energy, Sunnova Intermediate Holdings, Sunnova ABS Holdings and the Depositor are not available to pay creditors of the Issuer.
The financial statements of the Borrower, if any, shall disclose that the assets of SEI, Sunnova Energy, Sunnova Intermediate Holdings, Sunnova Hestia Holdings, the Depositor, the Capital Markets Issuer and the Lender are not available to pay creditors of the Borrower.
Any consolidated financial statements which consolidate the assets and earnings of SEI, Sunnova Energy, Sunnova Intermediate Holdings, Sunnova Xxx XX Holdings or the Depositor with those of the Issuer will contain a footnote to the effect that the assets of the Issuer will not be available to creditors of SEI, Sunnova Energy, Sunnova Intermediate Holdings, Sunnova Xxx XX Holdings or the Depositor or any other Person other than creditors of the Issuer.
Intermediate Holdings, Sunnova ABS Holdings IX or the Depositor shall pay the Issuer's expenses, guarantee the Issuer's obligations or advance funds to the Issuer for payment of expenses except for costs and expenses for which Sunnova Energy, Sunnova Intermediate Holdings, Sunnova ABS Holdings IX or Depositor is required to make payments, in which case the Issuer will reimburse such Person for such payment.