My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
25D - AGMT - LIGHTING ROSS ANNEX PARKING
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2018
>
11/20/2018
>
25D - AGMT - LIGHTING ROSS ANNEX PARKING
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/15/2018 9:18:03 PM
Creation date
11/15/2018 9:12:47 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25D
Date
11/20/2018
Destruction Year
2023
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
88
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Promise to Pay: Customer promises to pay SCE trio Amount Financed In equal monthly <br />Installments as set forth In the sgcton above and/or Schedule A (Customer's "Loan Obllgallon'). <br />The first Monthly Payment of Customer's Loan Obligation will appear within sixty (80) days from <br />the Effective We on Customoes SCE utility bill(s) for the Service Account(s) listed above. <br />Manner of Paymahtt Customer's Monthly Payment amount will appear as a Vria Item labeled <br />°EUOSF Installment Charge" on the monthly SCE utility bllf(s) for Customer's Service Account($), <br />Customer may pay the Loan Obligation In the. monthly Installments or pr9•pay the Loan <br />Obligation In one lump sum without penally, but pro-paymenta for less than the remaining <br />balance will not be allowed, Customer's Loan Ohllgatlon will appear on Customer's monthly <br />SCE utility bill(s) for the number of months set forth above, or until the Loan Obligator(bgeld in <br />full by Customer, whichever occurs first Customer shall make payments to SCE as dlracted in the <br />SCE u911ty bill(&). <br />Partial payments: If Customer Is unable to make a full payment of the Loan Obligation In any <br />given month, payment arrangements may be made at SOS's able discretion. Any partial <br />payments will be applied In equal proportion to the everggy ch oe and thq Loan Obligallon,.and <br />Customer wlll be eonaldersd to be dellnquen(snd In delault of both Ilia energy bill and the Loan <br />Obligafan. <br />Late Payments: i to lata payment charges cr Inl9fest will be assessed for delinquent payments on <br />the Loan Obligation, However, SCE may assess lale payment charges for delinquent payment& of <br />energy charg'aq pursuant to SCE's Rule 0 which Is Incorporated haralo by reference. <br />Returned Payments: SCE may require payment of a $10.00 Returned Check Charge for any <br />check returned tram Customer's financial Inelltutlaq whbald. The Ralurhed Check Charge will also <br />appy to any forms of payment that are subsequently dlshonared. <br />01scontlnuanco of Service; Mounts due under this OSP Agreementwtil be amounts deemed <br />due under each SCE utility big to the Customers Sorvlce Account(s), and a detach under this OeF <br />Agreement vAll be heated as a default under the Customers Service Acccunt(s). Customers Loan <br />Obligation is subject to the discontinuance previsions of SCE's Rule 11, Discontinuance and <br />Restoration or Service, Section S, Nonpayment of 81119 or Summary Bills which is Incorporatod <br />herein by reference. <br />Breach and Acceleration: Any breach by Customer under the EMS Agreement or this 06F <br />Agreement shall constitute a breach under all of the above referenced agreements, For purposes <br />herein. SCE may determine the OBP Agreement to be breached and Customer to be In default If <br />Customer. (i) sells, assigns or otherwise transfers ownership, possession or fits of the Site or the <br />Equipment (2) falls to pay the Monthly Payment amount when due, (3) closes, discontinues or <br />otherwise causes the termination of the Servlce Acceunt(e), or (4) olherxfsa broaches this OBF <br />Agreement and/or the EMS Agreement, and the broach Is not oured as specified therein, <br />Notwithstanding anything to the contrary. In the EMS Agreement, a breach and default as set fodh <br />In this section shall not be oub)aot to any additional auto period, Following a breach es set forth In <br />this stiction, SCE shalt have the. right to declare the entire unpaid balance of the Loan Obilgatun <br />immediately duo and payable, <br />Purohaso Money Securlty interest: Customer hereby egress that SCE may, but is not obligated <br />to, file o UCC -1 ("Financing Statement') against the Equipment to secure Customers obligation to <br />repay the Amount Rnancad, Customer agrees to execute any and all documents N connection <br />with the Financing Statement In order for SCE to perfect Its security Interest in tha EqulpmedL <br />Cuatamer agrees that SCE Is not waiving any or Its rights of recovery as against the Customer <br />should SCE elect to file a Financing Statement <br />Form 14-702 <br />0512012 <br />25D-14 <br />
The URL can be used to link to this page
Your browser does not support the video tag.