Clean Energy Lender definition

Clean Energy Lender means a private lender providing a Clean Energy Loan.
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Clean Energy Lender means a capital provider that provides loans to Property Owners to finance Qualifying Projects, approved by MCEC, and such capital provider’s successors, transferees, and assignees.
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Examples of Clean Energy Lender in a sentence

  • A Clean Energy Lender may provide financing to a Property Owner to finance Qualifying Projects, which loan will be non-accelerating and will survive a change of ownership, whether voluntary or involuntary.

  • Shall develop program guidelines governing the terms and conditions under which a Property Owner may access a PACE Program loan from a Clean Energy Lender, pursuant to the Act and §[ ] of the Ordinance.

  • Upon the submission of a Clean Energy Loan Financing Agreement to MCEC by a Clean Energy Lender and Property Owner with an approved project, MCEC shall (i) sign the Statement of Levy and Lien which establishes the legally binding Surcharge, including all fees for the operation of the PACE Program, and (ii) may provide a Notice to the County to Commence ▇▇▇▇ and Collection of Surcharges for a Clean Energy Loan Program.

  • The County shall not incur any liability to the Clean Energy Lender or others in the event of default.

  • Upon receiving written notice from MCEC that a PACE Program Clean Energy Loan Financing Agreement has been executed, MCEC, MCEC’s Agent, or the Clean Energy Lender shall file a Notice of Levy and Lien of Surcharge in the County land records.

  • Clean Energy Loans may be provided by any private lender and a Clean Energy Financing Agreement may contain any terms agreed to by the Clean Energy Lender and the property owner, as permitted by law, for the financing of Clean Energy Loans.