Common use of Third Party Consents/Recording Clause in Contracts

Third Party Consents/Recording. At Provider’s request from time to time, Customer will deliver, and cause any Property owner, tenant, mortgagee or other Property interest holder to deliver, such acknowledgments, consents, estoppels, fixtures, non-disturbance agreements and other agreements as Provider or its Lenders may reasonably require to confirm and insure satisfactory title and priority of security in and to the System and the rights granted hereunder. Customer covenants that it will notify Provider in writing if any third party obtains an interest in the Property or the Site including, without limitation, any lenders to Customer or holders of any liens or encumbrances on the Property. Either Party may record a memorandum of this Agreement, substantially in the form attached hereto as Schedule 5, in the registry or title records of the county or counties where the Property is located or other applicable government office. Provider may file one or more precautionary financing statements or fixture filings in such jurisdictions as it deems appropriate in order to protect its rights in the System or in connection with the grant of security interest in the System and such statements shall be promptly discharged after the expiration or termination of this Agreement.‌

Appears in 2 contracts

Sources: Solar Power Services Agreement, Solar Power Services Agreement