Common use of Rebate Amounts Clause in Contracts

Rebate Amounts. As of the Original Closing Date, all rebate payments that relate to the self-generation of electricity or the use of technology incorporated into a Project (excluding any environmental attributes, investment tax credits or “net metering” payments) which have been earned and are owed to either Lux Residential Solar Fund, LLC, Sunrise 2, LLC or Helios Residential Solar Fund, LLC from public utilities, but not yet paid to such Portfolio Entities, are set forth on Schedule 7.32.

Appears in 2 contracts

Sources: Loan Agreement (Sunpower Corp), Loan Agreement (Sunpower Corp)

Rebate Amounts. As of the Original Closing Date and the USB V Holdback Release Date, all rebate payments that relate to the self-generation of electricity or the use of technology incorporated into a Project (excluding any environmental attributes, investment tax credits or “net metering” payments) which have been earned and are owed to either Lux Residential Solar Fund, LLC, Sunrise 2, LLC or Helios Residential Solar Fund, LLC from public utilities, but not yet paid to such Portfolio Entities, are set forth on Schedule 7.32.

Appears in 1 contract

Sources: Loan Agreement (Sunpower Corp)