Examples of PACE Act in a sentence
Interest and penalties in the event of default, as provided above, are explicitly authorized by Section 399.014(d) of the PACE Act.
The installation or modification of such Qualified Improvements on the Property will be a “qualified project” as defined in Section 399.002 of the PACE Act (the “Project”).
As required by Section 399.009(a)(8) of the PACE Act, the period during which such Installments are payable does not exceed the useful life of the Project.
The Assessment has been imposed on the Property as a lien in accordance with the PACE Owner Contract and the PACE Act.
Property Owner has represented to Lender and Local Government that the Project is a “qualified project” as defined in the PACE Program and Section 399.002 of the PACE Act.
This Owner Contract is to be construed in accordance with and with reference to the PACE Program and PACE Act.
This Lender Contract constitutes a written contract between Local Government and Lender, as required under Section 399.006 (c) of the PACE Act.
The contract and the notice must contain the amount of the assessment, the legal description of the property, the name of the property owner, and a reference to the statutory assessment lien provided under the PACE Act.
This Lender Contract is to be construed in accordance with and with reference to the PACE Program and PACE Act.
In the event the actual total of costs and fees for which an assessment may be imposed under the PACE Act is different from the stated amount or any other term requires correction, Local Government, Property Owner, and Lender agree to execute an amended Owner Contract and Lender Contract, and Authorized Representative will record an amended Notice of Contractual Assessment Lien.