<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".06" citation="COMAR 14.26.01.06" title_num="14" subtitle_num="26" chapter_num="01" heading="Minimum Borrower Obligations.">
  <text>In addition to any other condition or requirement determined to be necessary by the Administration, a borrower shall:</text>
  <paragraph num="A.">
    <text>Make a contribution to the project that is of a type and amount acceptable to the Administration;</text>
  </paragraph>
  <paragraph num="B.">
    <text>Document that the anticipated energy savings to the borrower over a defined period after the completion of the project are greater than the total cost of the project to the borrower in a manner that allows the Administration to verify the anticipated energy savings at the time of the application;</text>
  </paragraph>
  <paragraph num="C.">
    <text>Pay an interest rate and any other fees and expenses assessed by the Administration;</text>
  </paragraph>
  <paragraph num="D.">
    <text>Repay the loan and interest in accordance with a schedule set by the Administration;</text>
  </paragraph>
  <paragraph num="E.">
    <text>Execute necessary assurances including a promissory note and other forms of collateral required by the Administration; and</text>
  </paragraph>
  <paragraph num="F.">
    <text>Provide the Administration with a letter of counsel that gives any assurances requested by the Administration.</text>
  </paragraph>
</regulation>