PACE Loan Documents definition
Examples of PACE Loan Documents in a sentence
No provision, representation, covenant, or agreement (including, without limitation, any indemnity obligation) contained in this Lease, the Redevelopment Contract, the Indenture, the Bonds, the Lender Loan Documents, the PACE Loan Documents, or any obligation herein or therein imposed upon the Authority, or the breach thereof, shall constitute or give rise to or impose upon the Authority a pecuniary liability or a charge upon the general credit or the taxing powers of the City or the State of Missouri.
In furtherance thereof, the Redeveloper agrees to pay as Additional Rent the amount of the Loan Payments and the annual PACE Special Assessments, which shall be paid in the manner that PACE Special Assessments are paid in the PACE Loan Documents.
So long as the Redeveloper is the 100% owner of the Bonds, the Net Proceeds of casualty insurance required by Article VII hereof received with respect to such damage or loss to the Project Improvements shall be disbursed in accordance with the Lender Loan Documents and the PACE Loan Documents so long as such documents contain provisions governing the disbursement of casualty insurance proceeds.