Examples of Financing Amount in a sentence
Upon the Maturity Date or receipt by the Capital Provider of the full Financing Amount, and upon written confirmation from the Capital Provider that the C-PACE Assessment has been repaid in full, the Program Administrator will release the C-PACE Assessment by recording a release of C-PACE Assessment lien with the County Recorder.
No prepayment shall be effective, and no funds paid by Property Owner will be applied to the Financing Amount, unless and until Capital Provider receives all funds required for pre-payment, as described in the Capital Provider’s certification.
C-PACE Annual Assessments shall continue to be levied notwithstanding Property Owner’s failure to pay all or part of any past C-PACE Annual Assessment, such that the Capital Provider or its designated agent shall continue to bill C-PACE Annual Assessments, including default interest to be paid to Capital Provider, until the Financing Amount, including all accrued and unpaid interest, is paid in full.
The amounts of the Annual Assessments are based on the Financing Amount as of the Effective Date, but may also include delinquent interest and expenses as further described in Section 8 of this Contract.
The Financing Amount shall be payable in Annual Assessments, as more particularly set forth in Section 5 and Exhibit C to this Contract, ending upon payment in full of the Financing Amount and all other charges, fees, expenses and other amounts due under this Contract and the Financing Agreement.