Common use of Non-Recourse Provisions Clause in Contracts

Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Terms of Financing, the Capital Provider and the District agree that, following Completion of the New Energy Improvements and placement of the Assessment Lien on the county tax collection rolls, the Capital Provider and the District shall not enforce against the Property Owner the collection of the CoPACE Financing due under this Agreement, it being agreed that the Capital Provider and the District shall look solely to the CoPACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the CoPACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the District may have under the United States Bankruptcy Code to file a claim in any relevant bankruptcy proceeding for the full amount due to the Capital Provider under this Agreement or any other Transaction Document. MISCELLANEOUS

Appears in 2 contracts

Samples: Assessment and Financing Agreement, Assessment and Financing Agreement

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Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Terms Schedule of FinancingFinancing Terms, the Capital Provider and the District City agree that, following Completion of the New Energy Improvements and placement recording of the Assessment Lien on in the county tax collection rollsoffice of the Xxxxx County Recorder, the Capital Provider and the District City shall not enforce against the Property Owner the collection of the CoPACE C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the District City shall look solely to the CoPACE C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the CoPACE C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the District City may have under the United States Bankruptcy Code to file a claim in any relevant bankruptcy proceeding for the full amount due to the Capital Provider under this Agreement or any other Transaction Document. MISCELLANEOUS

Appears in 2 contracts

Samples: Assessment and Financing Agreement, Assessment and Financing Agreement

Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Terms Schedule of FinancingFinancing Terms, the Capital Provider and the District City agree that, following Completion of the New Energy Improvements and placement recording of the Assessment Lien on in the county tax collection rollsoffice of the Washoe County Recorder, the Capital Provider and the District City shall not enforce against the Property Owner the collection of the CoPACE C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the District City shall look solely to the CoPACE C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the CoPACE C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the District City may have under the United States Bankruptcy Code to file a claim in any relevant bankruptcy proceeding for the full amount due to the Capital Provider under this Agreement or any other Transaction Document. MISCELLANEOUS

Appears in 1 contract

Samples: Assessment and Financing Agreement

Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Terms Schedule of FinancingFinancing Terms, the Capital Provider and the District City agree that, following Completion of the New Energy Improvements and placement recording of the Assessment Lien on in the county tax collection rollsoffice of the Lyon County Recorder, the Capital Provider and the District City shall not enforce against the Property Owner the collection of the CoPACE C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the District City shall look solely to the CoPACE C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the CoPACE C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the District City may have under the United States Bankruptcy Code to file a claim in any relevant bankruptcy proceeding for the full amount due to the Capital Provider under this Agreement or any other Transaction Document. MISCELLANEOUS

Appears in 1 contract

Samples: Assessment and Financing Agreement

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Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Terms Schedule of FinancingFinancing Terms, the Capital Provider and the District agree that, following Completion of the New Energy Improvements and placement of the Assessment Lien on the county tax collection rolls, the Capital Provider and the District shall not enforce against the Property Owner the collection of the CoPACE Financing due under this Agreement, it being agreed that the Capital Provider and the District shall look solely to the CoPACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the CoPACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the District may have under the United States Bankruptcy Code to file a claim in any relevant bankruptcy proceeding for the full amount due to the Capital Provider under this Agreement or any other Transaction Document. MISCELLANEOUS.

Appears in 1 contract

Samples: Assessment and Financing Agreement

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