PACE Financing definition

PACE Financing means any property assessed clean energy financing or similar energy efficiency or renewable energy financing repaid through assessments against property (without regard to the name given to such financing).
PACE Financing means a financing secured by a real estate tax assessment on a property in accordance with state and local Laws.
PACE Financing means any assessment, bond, loan, financing, or other debt incurred pursuant to “property assessed clean energy,” “special energy financing district,” or similar provisions of applicable Legal Requirements.

Examples of PACE Financing in a sentence

  • Borrower has not entered into any PACE Financing and has no knowledge of any pending assessments or adjustments in connection therewith.


More Definitions of PACE Financing

PACE Financing means funds provided to the owner(s) of qualified property by a third-
PACE Financing property assessed clean energy financing, or other energy efficiency or renewable energy financing repaid through assessments against property. Participant: as defined in Section 13.2.1.
PACE Financing means any assessment, bond, loan, financing, or other debt incurred pursuant to “property assessed clean energy, “special energy financing district,” or similar provisions of Applicable Laws.
PACE Financing means funds provided to the owner(s) of qualified property by a third- party lender, pursuant to the Act and this Article, for an energy efficiency improvement.
PACE Financing means funds provided to the owner(s) of qualified property by third-party lender, pursuant to the Act and this Ordinance, for an energy efficiency improvement or renewable energy system(s).
PACE Financing means any property assessed clean energy financing or similar energy efficiency or renewable energy financing repaid through assessments against property (without regard to the name given to such financing). “Parking Easement” means the Amended and Restated Parking Easement Agreement dated October 2019, by and among Harbor Point Parcel 2 – Office, LLC, Harbor Point Parcel 2 – Retail, LLC, Harbor Point Parcel 2 – Residential, LLC, Harbor Point Parcel 2 – Transfer Station, LLC, Harbor Point Garage, LLC, Harbor Point Parcel 1 Holdings, LLC, Harbor Point Parcel 3 Holdings, LLC and Harbor Point Open Space Corp. and recorded among the land records of Baltimore City, Maryland in Book 21538, Page 479, as amended and restated by that certain Second Amendment and Restated Easement Agreement (Harbor Point) dated January 14, 2022, by and among Harbor Point Parcel 2 – Office, LLC, Harbor Point Parcel 2 – Retail, LLC, Harbor Point Parcel 2 – Residential, LLC, Harbor Point Parcel 2 – Transfer Station, LLC, Harbor Point Garage, LLC, Harbor Point Parcel 1 Holdings, LLC, Harbor Point Parcel 3 Development, LLC, Harbor Point Open Space Corp. and Harbor Point Parcel 4 Development, LLC, recorded among the land records of Baltimore City, Maryland in Book 24275, Page 5. “Participant” has the meaning specified in Section 9.4(d). “Participant Register” has the meaning specified in Section 9.4(d). “PATRIOT Act” has the meaning specified in Section 9.21. “Payments” has the meaning set forth in Section 8.11.
PACE Financing means financing Eligible Improvements, which are repaid through assessments, or special taxes, as applicable, utilizing the provisions of applicable California law.