SEC Contract Filing

Filing Date: 2015-10-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.19D
<SEQUENCE>7
<FILENAME>scty-ex1019d_486.htm
<DESCRIPTION>EX-10.19D - MAJORITY ACTION 4
<TEXT>
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:11pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:6pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.19d</p>
<p style="text-align:center;margin-bottom:12pt;margin-top:6pt;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">REQUIRED GROUP AGENT ACTION NO. 4</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:15.31%;color:#000000;font-size:12pt;letter-spacing:0.1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This <font style="font-weight:bold;">REQUIRED GROUP AGENT ACTION NO. 4 </font>(this &#8220;<font style="text-decoration:underline;">Action</font>&#8221;), dated as of August 25, 2015 (the &#8220;<font style="text-decoration:underline;">Effective Date</font>&#8221;), is entered into by and among Megalodon Solar, LLC, a Delaware limited liability company (&#8220;<font style="text-decoration:underline;">Borrower</font>&#8221;), Bank of America, N.A., as the Administrative Agent (&#8220;<font style="text-decoration:underline;">Administrative Agent</font>&#8221;), the Collateral Agent for the Secured Parties (&#8220;<font style="text-decoration:underline;">Collateral Agent</font>&#8221;) and the Depositary for the Secured Parties (the &#8220;<font style="text-decoration:underline;">Depositary</font>&#8221;) and each of Bank of America, N.A. (&#8220;<font style="text-decoration:underline;">BA Agent</font>&#8221;), Credit Suisse AG, New York Branch (&#8220;<font style="text-decoration:underline;">CS Agent</font>&#8221;), Deutsche Bank AG, New York Branch (&#8220;<font style="text-decoration:underline;">DB Agent</font>&#8221;), ING Capital LLC (&#8220;<font style="text-decoration:underline;">ING Agent</font>&#8221;) and KeyBank National Association (&#8220;<font style="text-decoration:underline;">KB Agent</font>&#8221;, and collectively with BA Agent, CS Agent, DB Agent and ING Agent, the &#8220;<font style="text-decoration:underline;">Group Agents</font>&#8221;), as Group Agents party to the Loan Agreement, dated as of May 4, 2015 (as amended, the &#8220;<font style="text-decoration:underline;">Loan Agreement</font>&#8221;), by and among the Borrower, Administrative Agent, Collateral Agent, the Group Agents, the Lenders and the other parties from time to time party thereto. <font style="color:#000000;">As used in this Action, capitalized terms which are not defined herein shall have the meanings ascribed to such terms in the Loan Agreement</font>.</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:15.31%;color:#000000;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">A.<font style="margin-left:36pt;"></font>The Borrower has requested the Required Group Agents to provide their consent to the extension of the deadline for delivering Tax Loss Policies as required under Section 11.11(a) of the Loan Agreement (the &#8220;<font style="text-decoration:underline;">Tax Loss Policy Extension</font>&#8221;);</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:15.31%;color:#000000;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">B.<font style="margin-left:36pt;"></font>The Required Group Agents are willing to provide their consent to the Tax Loss Policy Extension on the terms and subject to the conditions set forth in this Action; and</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:15.31%;color:#000000;font-size:12pt;letter-spacing:0.05pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Accordingly, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, and subject to the conditions set forth herein, the parties hereto hereby agree as follows:</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:7.65%;color:#000000;font-size:12pt;letter-spacing:0.05pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Section 1.<font style="margin-left:36pt;"></font><font style="text-decoration:underline;">Consents to the Loan Agreement</font>.&nbsp;&nbsp;Subject to the prior satisfaction of the conditions precedent described in <font style="text-decoration:underline;">Section 2</font> hereof, the Administrative Agent and the Required Group Agents agree (A) to extend the deadline under Section 11.11(a) of the Loan Agreement with respect to delivery of a Tax Loss Policy to November 25, 2015 (such date, the &#8220;<font style="text-decoration:underline;">Required Delivery Date</font>&#8221;) and (B) that failure to deliver any Tax Loss Policy before the Required Delivery Date shall not constitute a Default or Event of Default.</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;margin-left:7.65%;text-indent:0%;font-size:12pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:6pt;margin-top:6pt;text-indent:7.65%;color:#000000;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Section 2.<font style="margin-left:36pt;"></font><font style="text-decorat