§ 4280.125 Compliance with §§4279.29 through 4279.99 of this chapter
§ 4280.126 Guarantee/annual renewal fee
§ 4280.127 Borrower eligibility
§ 4280.128 Project eligibility
§ 4280.129 Guaranteed loan funding
§ 4280.130 Loan processing
§ 4280.131 Credit quality
§ 4280.132 Financial statements
§ 4280.134 Personal and corporate guarantees
§ 4280.135 Scoring RES and EEI guaranteed loan-only applications
§ 4280.137 Application and documentation
§ 4280.138 Evaluation of RES and EEI guaranteed loan applications
§ 4280.139 Selecting RES and EEI guaranteed loan-only applications for award
§ 4280.141 Changes in borrower
§ 4280.142 Conditions precedent to issuance of loan note guarantee
§ 4280.143 Requirements after project construction
§ 4280.152 Servicing guaranteed loans

Terms Used In CFR > Title 7 > Chapter XLII > Part 4280 > Subpart B > Renewable Energy System and Energy Efficiency Improvement Guaranteed Loans

  • Agency: The Rural Business-Cooperative Service (RBS) or successor agency assigned by the Secretary of Agriculture to administer the Rural Energy for America Program. See 7 CFR 4280.103
  • Agricultural Producer: An individual or entity directly engaged in the production of agricultural products, including crops (including farming). See 7 CFR 4280.103
  • Amortization: Paying off a loan by regular installments.
  • Annual Receipts: Means receipts as calculated under 13 CFR 121. See 7 CFR 4280.103
  • Applicant: (1) Except for EA and REDA grants, the Agricultural Producer or Rural Small Business that is seeking a grant, guaranteed loan, or a combination of a grant and loan, under this subpart. See 7 CFR 4280.103
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Complete Application: An application that contains all parts necessary for the Agency to determine Applicant and project eligibility, score the application, and, where applicable, enable the Agency to determine the technical merit of the project. See 7 CFR 4280.103
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
  • Eligible Project Costs: The Total Project Costs that are eligible to be paid or guaranteed with REAP funds. See 7 CFR 4280.103
  • Energy Assessment: An Agency-approved report assessing energy use, cost, and efficiency by analyzing energy bills and surveying the target building and/or equipment sufficiently to provide an Agency-approved Energy Assessment. See 7 CFR 4280.103
  • Energy Audit: A comprehensive report that meets an Agency-approved standard prepared by an Energy Auditor or an individual supervised by an Energy Auditor that documents current energy usage. See 7 CFR 4280.103
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal Fiscal Year: The 12-month period beginning October 1 of any given year and ending on September 30 of the following year. See 7 CFR 4280.103
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power Purchase Agreement: The terms and conditions governing the sale and transportation of electricity produced by the grantee or borrower to another party. See 7 CFR 4280.103
  • Qualified Consultant: An independent third-party individual or entity possessing the knowledge, expertise, and experience to perform the specific task required. See 7 CFR 4280.103
  • Rural Small Business: A Small Business that is located in a Rural Area or that can demonstrate the proposed project for which assistance is being applied for under this subpart is located in a Rural Area. See 7 CFR 4280.103
  • Small Business: An entity or utility, as applicable, described below that meets Small Business Administration's (SBA) definition of Small Business as found in 13 CFR part 121. See 7 CFR 4280.103
  • State: Any of the 50 States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U. See 7 CFR 4280.103
  • Statute: A law passed by a legislature.
  • Total Project Costs: The sum of all costs associated with a completed project. See 7 CFR 4280.103