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25C - AGMT LIGHTING FIXTURES CORP YARD
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09/04/2018
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25C - AGMT LIGHTING FIXTURES CORP YARD
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Last modified
8/30/2018 7:39:08 PM
Creation date
8/30/2018 7:26:08 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25C
Date
9/4/2018
Destruction Year
2023
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EXHIBIT 3 <br />On -Bill Financing Agreement <br />This On -Bill Financing Agreement (0O0F Agreement") Is entered Into on <br />20 , (the "Eft ellva Date') by and between the undersigned customer same an <br />Sc-Wirn Caiitomla Edison Company VSCE') (each a'Party; toRactively the'partiesI. <br />Recitals <br />1, Customer and SCE entered Into the Energy Management Solutions Inoerttivas Application for <br />2. Customer owns; teases or rants �e properly listed In the EMS reement as the Site and <br />maintains a service accounl(e with SCE for electric service, ugtomar has completed <br />Inatallo0on of eligible ens y e stent squipment ("Equipment°) at the Site as eat forth In the . <br />EMS Agreement and has�ccapted the equipment as being operational and In good working <br />order, <br />3. In Decision 09.00.041, the California Publl6 Utillties Commission authorized SCE to rovlde <br />zsro- ercent Interest financingg for the Insialialion of certalo energy efl(denl aquipmentd which <br />to to be re old over a scoot ad period through the Cyetomera electdo utlllty blll(s) (OmBlll <br />Financing" f, <br />4, Customer Realrea, to enter Into this OSP Aggreament W. order to pargat�ate in SCE's .om.O111 <br />Financing pro�lram and Customer agrees fo rapeYY SCE the Amount Finencod (as darned <br />under "Loan Terms", below)'throuph the CustomeYs SCE urilty bllllel cursuaht to the terms <br />NOW, THEREFORE, In consideration of the mutual promises and covenants contained herein, the <br />Parties agree as follows: <br />Terms and Conditions <br />Ooftnod Terms; ExceppI as the context ohdrMse ragt4rss capitalized terms used In this OBF <br />Agreement without dentition shall have the same meanings as are set forth In the EMS <br />Agreement <br />Amount,Financod: Within thirty (30) days after the Effeeitva Date SCE edit provides payment for <br />the Amount Financed to Customer or to a Ihlyd party pa so designated by Customer undor the <br />Loan Tera, below, Qustomges designation or a Ihlyd party payee may not bo changed or <br />revoked. <br />Loan Terme; <br />moond"nonce cunt <br />Fina re <br />"-- <br />Interest Rate; <br />Fees; <br />Months to Par, <br />Fire onth Payment <br />Remaining ModnMy Psymentsc <br />Service Account to be 8111ad; <br />os <br />an nated Third -P" eyes <br />yeas o es gnat <br />partyP es• <br />If more than one Service Account will be billed, information regarding the Service Acoount <br />number and monthly payment to thcluded In Schedule A altachdd. <br />Form 14-702 <br />0812012 <br />25C-25 <br />1 <br />
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