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25B - AGMT LIGHTING FIXTURES POLICE DEPT
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09/04/2018
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25B - AGMT LIGHTING FIXTURES POLICE DEPT
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Last modified
8/30/2018 7:37:24 PM
Creation date
8/30/2018 7:25:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
9/4/2018
Destruction Year
2023
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Confession of Judgment: Customer Irrevocably authorizes and empowers SCE and SCE's <br />attorneys, upon breach and default by Customer as described In the preceding section, to appear <br />in any state or federal court In Los Angelos County, California, as Customers allomeyyan•Faot and <br />confess Jud mens against Customer by entry of a confession of Judgment pursuant to pode of Civil <br />Procodure 1132 el. seq„ or by any other appropriate means, for the full amount due plus all <br />Costs of calecilon, Including without limitation court coals and reasonable attorneys' fees. No <br />single exeralse of the foregoing power to confess judgment will be deemed to exhaust the power, <br />whether or not any such exercise shaft be held by any court to be Invalld, voidable, or void; but the <br />Power will continue undiminished. and may be exercised From time to lime as SCE may elect until <br />ail amounts owing under this OBFAgreement have been paid In full, <br />Modification: Any change to this 0817 Agreement must be In writing and signed by Customer and <br />SCE; excapt that during any given month, If Customer Is unable to make full payment an the Loan <br />Obllgatlon, payment arrangements may be made at SCE's sole dlsoretlon without modifying this <br />OBF Agreement In writing, Any written modification cr amendment will not be effective unless and <br />until signed by SCE or such condition Is wooed by SCE in Its sols and absolute discretion,. <br />Tenn and Termination: It la the Partlea Intent [hat the teen of this OBF Agreement and the EMS <br />Agreement fun ooncurrently. Therefore, the OBF Agreement shall continue In effect until the Loan <br />Obligation Is paid In full. <br />Asslgnment: NolvAthstanding anything to the contrary In this 08F Agreement, Customer may <br />not assign Its rights or delogele Its duties under the Agreement, <br />Additional Representations: Each person signing this OBF Agreement represents and warrants <br />that he or she Is duly authorized and has the regal capacity to execute and deliver this OBF <br />Agreement on behalf of Customer, and to perform their obligations under this OBF Agreement. <br />Customer further represents and warrants that If It Is a legal entity, It Is In good standing In Its state <br />offomhatlon. <br />Mlacollanaous: Except as otherwise specifically provided herein, all (arms, provisions, <br />covenants, repreantatons, warranties, agreements and conditions of the EMS Agreement' shall <br />remain unchanged and In full force and effect. Should a conflict exist between this OBF <br />Agreement, the EMS Agreement and the documents Incorporated by reference, this CBF <br />Agreement shall control. This OBF Agreement shall be construed and Interpreted In accordance <br />with, and shall be governed and enforced In all respects according to, Iho laws of the State of <br />California. This 08F Agreement may be executed In one or more counterparts, each of which <br />shall be deemed an original but all of which shall constitute one end the same Instrument. If any <br />one or more of the provisions contained In this CBF Agreement shall for any reason be held robs <br />Invalid, Illegal or unenforceable In any respect, then this OBF Agreement shall be construed as If <br />such Invafld, Illegal or unenforceable tern orprovision had never been contained herein and all <br />other provls!ons of this CSF Agreement short bo construed to remain fully valid, enforceable and <br />binding on the parties. The Recitals sot forth above are hereby Incorporated heroin by reference. <br />[Remainder of page Intentionally left blank] <br />Form 14-782 <br />0812012 <br />25B-17 <br />
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