Clean energy loan definition

Clean energy loan means a loan in a maximum amount of

Clean energy loan means a loan originated by a participating

Clean energy loan means any loan made by a private lender to a property owner under the Clean Energy Loan Program.

Examples of Clean energy loan in a sentence

• Borrower shall not incur or permit the incurring of: (i) any financing in addition to the Loan that is secured by a lien, security interest or other encumbrance of any part of the Property (including any loan or financing which is repaid by assessments or other taxes related to the Property including without limitation any Property-Assessed Clean Energy Loan) or (ii) any pledge or encumbrance of any interest in Borrower or any of Borrower’s Constituents (collectively “Secondary Financing”).

• Such financing may occur through separate loans that shall not be part of the Clean Energy Loan, but may or may not have terms similar to the Clean Energy Loan.

• Clean Energy has duly taken all action necessary to authorize the execution and delivery by it of the Clean Energy Loan Documents to which it is a party and to authorize the consummation of the transactions contemplated thereby and the performance of its obligations thereunder.

• The Borrowers shall use the Facility B Loans to (i) fund the Payment Reserve Account, (ii) advance funds to the Project Company pursuant to the Clean Energy Loan Documents, (iii) pay all costs and expenses incurred by Borrower in connection with the transactions contemplated hereby, and (iv) pay all fees to be paid to the Lender on the Closing Date.

• Clean Energy will not (i) amend, modify or restate the Clean Energy Loan Documents or (ii) waive any default or event of default arising thereunder.

• It is the Members’ intention that the Clean Energy Loan will be fully repaid, with interest but without prepayment penalty, upon the successful closing of a project finance loan for the Project Company.

• Neither Borrower nor TRS Entity and shall create, incur, assume or suffer to exist any Lien on any portion of the Property (including any tax liens or assessment liens to secure repayment of any loan or other financing including, without limitation, any Property-Assessed Clean Energy Loan) except for Permitted Encumbrances.

• Until an event of default under the Clean Energy Loan to the Company, and after any event of default has been cured and there is no other default, Cambrian XxXxxxxx Bluff shall have the right to appoint one Manager.

• Borrowers hereby requests a new Facility B Loan to be advanced pursuant to Section 2.1 of the Agreement as follows: Amount of Facility B Loan: $ Date on which Loan is to be advanced: Attached hereto is a copy of the request for a new loan made by CE Dallas under the Clean Energy Loan Documents, together with all supporting documentation therefore.

• The Clean Energy Loan shall be secured by all assets of the Project Company and the Company.

More Definitions of Clean energy loan

Clean energy loan means a loan originated by a participating public lender or a participating private lender, including but not limited to a bank or mortgage lender, for the purpose of financing one or more clean energy improvements to commercial, industrial, or government-owned real property, subject to the following conditions:

Clean energy loan means the loan or loans to be made to the Project Company by Clean Energy or one or more of its Affiliates in principal amounts advanced not to exceed in the aggregate $14,000,000 determined on a non-revolving basis (including amounts considered so advanced with respect to Letters of Credit pursuant to Section 5.5 hereof as well as amounts advanced subject to Section 5.6 hereof), as evidenced by one or more promissory notes from the

Clean energy loan means any loan made by a private lender to a property owner

Clean energy loan means any loan made by a private lender to a

Clean energy loan means the loan or loans to be made to the Project Company by Clean Energy or one or more of its Affiliates in principal amounts advanced not to exceed in the aggregate $14,000,000 determined on a non-revolving basis (including amounts considered so advanced with respect to Letters of Credit pursuant to Section 5.5 hereof as well as amounts advanced subject to Section 5.6 hereof), as evidenced by one or more promissory notes from the Company and Project Company and secured by the assets of the Company and the Project Company, to be used by the Project Company for Development Costs and by the Company to pay a portion of the purchase price payable to the Sellers under the Purchase Agreement.

Clean energy loan means a loan in a maximum amount of twelve thousand five hundred dollars originated by a participating public lender or a participating private lender, including but not limited to a bank or mortgage lender, to a qualified borrower for the purpose of financing one or more clean energy improvements to the borrower's primary residence, rental property, or place of business; except that, if the qualified borrower is a nonprofit corporation or local government housing authority that provides units in a multi-unit housing project as homes to individuals or families who meet the income qualifications of first tier or second tier qualified borrowers, the maximum amount of a loan shall be twelve thousand five hundred dollars multiplied by the number of units in the multi-unit housing project providedto the individuals or families.