Borrower Representative and other wholly-owned direct subsidiaries of Parent or (b) if the Parent elects in its sole discretion to transfer 100% of the equity interests of Borrower Representative to Sunnova Intermediate Holdings, LLC, Sunnova Intermediate Holdings, LLC.
IRS means the Internal Revenue Service or any entity succeeding to all or any of its functions.
ITC means any investment tax credit under Title 26, Section 48 of the Code or any successors or similar provision, including any similar provision concerning a refundable tax credit that replaces such investment tax program.
Laws means, collectively, all international, foreign, federal, state, provincial and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administrative thereof by any Governmental Authority charged with the enforcement, interpretation or administrative thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law.
Lease Agreement means an enforceable true lease between a Host Customer and a Borrower, either directly or as a result of a prior assignment to a Borrower, which assignment is in form and substance satisfactory to Administrative Agent, whereby such Borrower leases the affiliated Solar Panel System to such Host Customer for use on the Host Customers property.
Lender and Lenders have the meanings set forth in the introductory paragraph hereto.
Lending Office means, as to any Lender, the office or offices of such Lender described as such in such Lenders Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify Borrower Representative and Administrative Agent.
Lien means, as to any Property of any Person, (a) any lien, mortgage, security interest, tax lien, pledge, charge, hypothecation, collateral assignment, preference, priority, or other encumbrance of any kind or nature whatsoever (including, without limitation, any conditional sale or title retention agreement), whether arising by contract, operation of law, or otherwise, affecting such Property and (b) the signing or filing of a financing statement which names the Person as debtor or the signing of any security agreement or the signing of any document authorizing a secured party to file any financing statement which names such Person as debtor.
Loan means an extension of credit by a Lender to Borrowers pursuant to Section 2.1(a).
Loan Documents means this Agreement, each Assignors Acknowledgement, each Consent to Assignment, the Security Documents, the Notes, each Guaranty Agreement, and all other promissory notes, security agreements, deeds of trust, assignments, letters of credit, guaranties, and other instruments, documents, or agreements executed and delivered pursuant to or in connection with this Agreement or the Security Documents, including any intercreditor agreement; provided that the term Loan Documents shall not include any Bank Product Agreement.
[***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.