Securitization Share of DSAB definition

Securitization Share of DSAB means, with respect to a Solar Asset as of any date of determination, the amount equal to the product of:
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Securitization Share of DSAB means, as of any date of determination, for any given Solar Asset, an amount equal to the product of (i) such Solar Asset's Discounted Solar Asset Balance and (ii) the ratio of (x) the Securitization Share of ADSAB for the Financed Fund that owns such Solar Asset divided by (y) the Aggregate Discounted Solar Asset Balance for all Solar Assets owned by such Financed Fund.
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Securitization Share of DSAB means, with respect to a Solar Asset as of any date of determination, the amount equal to the product of (i) the Discounted Solar Asset Balance of such Solar Asset; and (ii) [***]%.
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More Definitions of Securitization Share of DSAB

Securitization Share of DSAB means, as of any date of determination, for any given Solar Asset, an amount equal to the product of (i) such Solar Asset's Discounted Solar Asset Balance and (ii) the ratio of (x) the Securitization Share of ADSAB for the Financed Fund that [***] = Certain information contained in this document, marked by brackets, has been omitted because it is both not material and would be competitively harmful if publicly disclosed. owns such Solar Asset divided by (y) the Aggregate Discounted Solar Asset Balance for all Solar Assets owned by such Financed Fund.
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Securitization Share of DSAB means, as of any date of determination, for any given Solar Asset, an amount equal to the product of (i) such Solar Asset's Discounted Solar Asset Balance and (ii) the ratio of (x) the Securitization Share of ADSAB for the Financed Fund that owns such Solar Asset divided by (y) the Aggregate Discounted Solar Asset Balance for all Solar Assets owned by such Financed Fund. “Seller” means Sunrun or one of its subsidiaries. “Service Transfer Policy” means the service transfer policy furnished by the Sponsor to the Administrative Agent on or prior to the Closing Date as amended from time to time subject to Section 5.2(O). “Services Agreements” means either (i) the related Maintenance Services Agreements and the related Administrative Services Agreements or (ii) the related MOMA, as the context requires.
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Securitization Share of DSAB means, with respect to a Solar Asset as of any date of determination, the amount equal to the product of: (i) the Discounted Solar Asset Balance of such Solar Asset; and (ii) for any Solar Asset: (a) owned by the TEP IV-C Project Company as to which the related Flip Date has not occurred, [***]%; (b) owned by the TEP IV-C Project Company as to which (1) the related Flip Date has occurred and (2) the Issuer has not acquired the membership interests of the Tax Equity Investor Member through the exercise of the Purchase Option, [***]%; and (c) owned by the Sol Owner Project Company, the TEP IV-C Project Company after the Issuer has acquired the membership interests of the Tax Equity Investor Member through the exercise of the Purchase Option or the Issuer, [***]%.
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Securitization Share of DSAB means, with respect to a Solar Asset as of any date of determination, the amount equal to the product of: (i) the Discounted Solar Asset Balance of such Solar Asset; and (ii) for any Solar Asset: (a) owned by any Project Company (other than the Sol Owner Project Company) as to which the related Cash Flip Date has not occurred, [***]%; (b) owned by any Project Company (other than Sol Owner Project Company) as to which (1) the related Cash Flip Date has occurred and (2) the Issuer has not acquired the membership interests of the related Tax Equity Investor Member through the exercise of the related Purchase Option or Withdrawal Option, [***]%; and (c) owned by Sol Owner Project Company or any other Project Company as to which the Issuer has acquired the membership interests of the related Tax Equity Investor Member through the exercise of the related Purchase Option or Withdrawal Option, [***]%.
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Securitization Share of DSAB means, with respect to a Solar Asset as of any date of determination, the amount equal to the product of: (i) the Discounted Solar Asset Balance of such Solar Asset; and (ii) for any Solar Asset: (a) owned by any Project Company (other than the Sol Owner Project Company) as to which the related Flip Date has not occurred, [***]%; (b) owned by any Project Company (other than the Sol Owner Project Company) as to which (1) the related Flip Date has occurred and (2) the Issuer has not acquired the membership interests of the related Tax Equity Investor Member through the exercise of the related Purchase Option, [***]%; and (c) owned by the Sol Owner Project Company or any other Project Company as to which the Issuer has acquired the membership interests of the related Tax Equity Investor Member through the exercise of the related Purchase Option, [***]%.
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Related to Securitization Share of DSAB

  • Securitization Assets means the accounts receivable, royalty or other revenue streams and other rights to payment subject to a Qualified Securitization Financing and the proceeds thereof.

  • Other Securitization Trust Any “issuing entity” (within the meaning of Item 1101(f) of Regulation AB) that holds a Serviced Companion Loan or successor REO Companion Loan (or any portion thereof or interest therein), as identified in writing to the parties to this Agreement.

  • Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.

  • Permitted Securitization means, for any Borrower and its Subsidiaries, any sale, assignment, conveyance, grant and/or contribution, or series of related sales, assignments, conveyances, grants and/or contributions, by such Borrower or any of its Subsidiaries of Receivables (or purported sale, assignment, conveyance, grant and/or contribution) to a trust, corporation or other entity, where the purchase of such Receivables may be funded or exchanged in whole or in part by the incurrence or issuance by the applicable Securitization SPV, if any, of Indebtedness or securities (such Indebtedness and securities being “Attributable Securitization Obligations”) that are to be secured by or otherwise satisfied by payments from, or that represent interests in, the cash flow derived primarily from such Receivables (provided, however, that “Indebtedness” as used in this definition shall not include Indebtedness incurred by a Securitization SPV owed to any Borrower or any of its Subsidiaries, which Indebtedness represents all or a portion of the purchase price or other consideration paid by such Securitization SPV for such receivables or interests therein), where (i) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of such Borrower or any of its Subsidiaries, as applicable, in respect of Receivables sold, assigned, conveyed, granted or contributed, or payments made in respect thereof, are customary for transactions of this type, and do not prevent the characterization of the transaction as a true sale under Applicable Laws (including debtor relief laws) and (ii) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of any Securitization SPV in respect of Receivables sold, assigned, conveyed, granted or contributed or payments made in respect thereof, are customary for transactions of this type.