§ 20.1200. Definitions.  


Latest version.
  • In this subtitle, the following words have the meanings indicated:

    (a)

    Clean Energy Financing Agreement means an agreement between a property owner and a Clean Energy Lender providing for the terms and conditions of a Clean Energy Loan.

    (b)

    Clean Energy Lender means a private lender providing a Clean Energy Loan.

    (c)

    Clean Energy Loan means any loan made by a private lender to a property owner under the Clean Energy Loan Program.

    (d)

    Clean Energy Loan Program Administrator means any person or entity selected by the county to manage the Clean Energy Loan Program.

    (e)

    Clean Energy Loan Obligation means all indebtedness and obligations of a property owner to a Clean Energy Lender under a Clean Energy Financing Agreement.

    (f)

    Commercial Property has the meaning stated in the Local Government Article, section 1-1101, of the Annotated Code Of Maryland.

    (g)

    Department means the Department of Finance.

    (h)

    Property Owner means an owner of commercial property.

    (i)

    Person includes an individual, receiver, trustee, guardian, executor, administrator, fiduciary, or representative of any kind, or any partnership, firm, association, public or private corporation, limited liability company, nonprofit entity, or any other entity.

(C.B. 4, 2016, § 1)