Common use of Security Interests in PV System Clause in Contracts

Security Interests in PV System. Except as otherwise provided herein, User acknowledges and agrees that Contractor may grant or cause to be granted to a lender a security interest in the PV System and in Contractor’s rights to payment under the Agreement.

Security Interests in PV System. Except as otherwise provided herein, User Buyer acknowledges and agrees that Contractor Developer may grant or cause to be granted to a lender Financier a security interest in the PV System and in ContractorDeveloper’s rights to payment under the Agreement.