Operation of Systems. The Borrower shall own, construct, operate and maintain (or cause to be operated and maintained by the Parent or an Affiliate of the Parent) the Systems in all material respects in accordance with (i) the terms and provisions of the Transaction Documents (including the Credit Protection Insurance Policy), (ii) all applicable Governmental Approvals and Laws and (iii) Prudent Operating Practice. For the avoidance of doubt, any System that is replaced with a model other than a Bloom Energy Corporation model ES-5700 must comply with the system replacement process pursuant to Section 5 of the Credit Protection Insurance Policy and Credit Protection Insurer must notify Lender that such replaced System is covered by the Credit Protection Insurance Policy.
Appears in 2 contracts
Sources: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)