Section 457-316-1 - DefinitionsA. Reference to Act Definitions. Certain terms used in this rule which are defined in the Finance Authority of Maine Act, 10 M.R.S.A. Section961 and following (the "Act"), shall have the meaning set forth in the Act unless clearly specified otherwise or unless the context clearly indicates otherwise.B. Defined Terms.1. "Borrower" means a person or entity that meets the eligibility requirements set forth in Section 3 of this rule, and includes a prospective borrower where the context requires. If the borrower is a holding company or is a subsidiary or affiliate of or is related to an entity with 50% or more common ownership, "borrower" shall include the parent, affiliated or related entity when determining eligibility, including the net worth and debt service coverage of the borrower.2. "Chief Executive Officer" means the Authority's Chief Executive Officer or a person acting under the supervisory control of the Chief Executive Officer.3. "Clean fuel" means all products or energy sources used to propel motor vehicles, as defined in Title 29-A, Section 101, other than conventional gasoline, diesel or reformulated gasoline, that, when compared to conventional gasoline, diesel or reformulated gasoline, results in lower emissions of oxides of nitrogen, volatile organic compounds, carbon monoxide or particulates or any combination of these. "Clean fuel" includes, but is not limited to, compressed natural gas; liquefied natural gas; liquefied petroleum gas; hydrogen; hythane, which is a combination of compressed natural gas and hydrogen; dynamic flywheels; solar energy; alcohol fuels containing not less than 85% alcohol by volume; and electricity.4. "Clean fuel vehicle" means a vehicle that may be propelled by a clean fuel or a fuel-cell electric vehicle that uses any fuel.5. "Clean fuel vehicle project" or "Project" means the acquisition or lease of clean fuel vehicles, the acquisition of clean fuel vehicle delivery systems and other clean fuel vehicle components, the conversion of vehicle fuel systems to the sue of clean fuels and the acquisition of capital equipment necessary to establish clean fuel vehicle support and maintenance facilities.6. "Members" means the members of the Finance Authority of Maine.7. "Principals" means one or more natural persons who own or control 20% or more of the borrower.8. "Program" means the Clean Fuel Vehicle Program governed by the Act and this rule.9. "State" means the State of Maine.94-457 C.M.R. ch. 316, § 1