Examples of PACE Financing in a sentence
In no event shall the Lender’s rights and interests under PACE Financing Documents be construed to give the right to control, or be deemed to indicate that the Administrator is in control of, the business, properties, management or operations of the Lender.
All rights and remedies granted to the Administrator hereunder and under any other PACE Financing Document, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and the Administrator may proceed with any number of remedies at the same time until the Lender’s obligations are indefeasibly satisfied in full.
From time to time the Lender shall promptly upon request and as applicable execute, acknowledge and/or deliver to the Administrator any confirmation, acknowledgement, affidavit, schedule, certificate, contract, instrument or other document as Lender may reasonably request from time to time in connection with this Agreement or any other PACE Financing Document, any Project financed by the Lender, or any Borrower receiving a Loan from the Lender.
As used herein, the term “Costs” shall mean: (a) the costs of any and all “Eligible Improvements” (as defined in the Program Guidelines) for the Project; and (b) any fees (as outlined in Article VIII) payable by the Borrower in connection with the closing of the Loan and any other fees, costs or expenses payable by the Borrower in accordance with the PACE Financing Documents, including capitalized interest, which may be financed under the Loan in accordance with the Program Requirements.
Upon the occurrence of any Early Termination Event, in addition to the Administrator’s rights as set forth in Section 10.1, the Administrator is entitled to any and all other remedies available in law or equity, including the right to institute, or cause to be instituted, proceedings for the collection of all amounts then payable on or under this Agreement or any other PACE Financing Documents, enforce any judgment obtained, and collect all monies adjudged due.