Examples of PV System in a sentence
CVEC acknowledges and understands that Host reserves the right to grant additional leases, easements, or rights of way, whether recorded or unrecorded, as may be necessary, which do not unreasonably interfere with Host’s use of the Premises and the operation of the PV System.
During the construction phase and operation of the PV System, including, but not limited to, all pre-construction activities, CVEC and its Developers or agents shall have access to the Premises on a 24-hour basis, seven days per week.
Notwithstanding the foregoing, CVEC and Host agree that the terms of any financing for CVEC’s purchase of the PV System will establish that Host shall have first priority over Financier in Host’s share of the Net Metering Credits received by CVEC for the amount of Net Energy generated by the PV System pursuant to this Agreement provided that the corresponding Net Energy payment has been made to, or otherwise received by, CVEC.
The Leasehold Mortgage shall not contain any cross-collateralization or cross-default provisions relating to other loans of CVEC (or any subsidiary or Affiliate of CVEC) that are not incurred for the ownership, construction, maintenance, operation, repair or financing of the PV System.
Host shall act expeditiously, cooperatively and in good faith in facilitating any amendments to this Agreement requested by Financier in connection with the financing of the PV System.