Common use of Notices of Ownership Clause in Contracts

Notices of Ownership. Seller has filed a precautionary fixture filing (or its functional equivalent) in respect of the related System or such other similar filing as may be required by applicable law including, without limitation, pursuant to Cal. Pub. Util. Code §§ 2868-2869, and the Borrower has provided a copy thereof to the Secured Parties; provided, however, that (i) certain of such filings may be released from time-to-time in order to assist the applicable Customer in a pending refinancing of such Customer’s mortgage loan or sale of home and (ii) such filings may not have been filed or maintained in a manner that would provide priority under applicable law over an encumbrance or owner of the real property subject to the filing.