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 Schedule of Financing Terms, the Capital Provider and the City agree that, following Completion of the Improvements and recording of the Assessment Lien in the office of the Xxxxx County Recorder, the Capital Provider and the City shall not enforce against the Property Owner the collection of the C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the City shall look solely to the C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the 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

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Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Schedule of Financing Terms, the Capital Provider and the City District agree that, following Completion of the New Energy Improvements and recording placement of the Assessment Lien in on the office of the Xxxxx County Recordercounty tax collection rolls, the Capital Provider and the City District shall not enforce against the Property Owner the collection of the C-PACE CoPACE Financing due under this Agreement, it being agreed that the Capital Provider and the City District shall look solely to the C-PACE CoPACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the C-PACE CoPACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the City 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

Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Schedule Terms of Financing TermsFinancing, the Capital Provider and the City District agree that, following Completion of the New Energy Improvements and recording placement of the Assessment Lien in on the office of the Xxxxx County Recordercounty tax collection rolls, the Capital Provider and the City District shall not enforce against the Property Owner the collection of the C-PACE CoPACE Financing due under this Agreement, it being agreed that the Capital Provider and the City District shall look solely to the C-PACE CoPACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the C-PACE CoPACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the City 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

Non-Recourse Provisions. Subject to any requirements and conditions of the Capital Provider as set forth in the Schedule of Financing Terms, the Capital Provider and the City agree that, following Completion of the Improvements and recording of the Assessment Lien in the office of the Xxxxx Lyon County Recorder, the Capital Provider and the City shall not enforce against the Property Owner the collection of the C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the City shall look solely to the C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the 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 Schedule of Financing Terms, the Capital Provider and the City agree that, following Completion of the Improvements and recording of the Assessment Lien in the office of the Xxxxx Washoe County Recorder, the Capital Provider and the City shall not enforce against the Property Owner the collection of the C-PACE Financing due under this Agreement, it being agreed that the Capital Provider and the City shall look solely to the C-PACE Financing and the Assessment Lien against the Property (and the exercise of rights and remedies relating thereto) for repayment of the C-PACE Financing. Nothing herein shall be deemed to be a waiver of any right which the Capital Provider or the 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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