Common use of Assignments by Seller Clause in Contracts

Assignments by Seller. 11.3.1. Seller may make a request to Buyer for the transfer or assignment of Seller’s rights and obligations under the Agreement to the “Transferee”. Such request must name the Transferee, provide the relationship between Seller and Transferee (if any), and must provide all necessary documentation to show that Transferee meets all conditions specific to a Seller under this Agreement. Buyer may request additional information from Seller and ▇▇▇▇▇ will have thirty (30) calendar days to provide consent or to notify Seller that ▇▇▇▇▇ rejects the assignment or transfer. 11.3.2. InNotwithstanding the provisions of 11.3.1 above, in its notice to Buyer, Seller may state that the assignment or transfer is for purposes of pledging or assigning this Agreement or the revenues under this Agreement to a lender as security for the project financing or tax equity financing of the System. In such cases, Buyer will have ten (10) calendar days to provide consent and such consent shall not be unreasonably withheld [DELETE] Seller’s consent shall not be required. 11.3.3. Seller will be required to effect any necessary assignment or transfer in the event of bankruptcy or dissolution.

Assignments by Seller. 11.3.1. Seller may make a request to Buyer for the transfer or assignment of Seller’s rights and obligations under the Agreement to the “Transferee”. Such request must name the Transferee, provide the relationship between Seller and Transferee (if any), and must provide all necessary documentation to show that Transferee meets all conditions specific to a Seller under this Agreement. Buyer may request additional information from Seller Seller, and ▇▇▇▇▇ Buyer will have thirty (30) calendar days to provide consent or to notify Seller that ▇▇▇▇▇ Buyer rejects the assignment or transfer. 11.3.2. InNotwithstanding the provisions of 11.3.1 above, in In its notice to Buyer, Seller may state that the assignment or transfer is for purposes of pledging or assigning this Agreement or the revenues under this Agreement to a lender or other financing party as security for the project financing or tax equity financing of the System., or to an affiliate of Seller. In such cases, Buyer will have ten (10) calendar days to provide consent and such consent shall not be unreasonably withheld [DELETE] Seller’s consent shall not be requiredwithhelddeemed automatic if Seller remains the counterparty to the Agreement. 11.3.3. Seller will be required to effect any necessary assignment or transfer in the event of bankruptcy or dissolution.