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A-2015-214 <br />353 -13- 0500377084 <br />3- 039 - 7159 -04 <br />On -Bill Financing Agreement <br />Local Government /Institutional Customer Projects <br />This On -Bill Financing Agreement ( "OBF Agreement ") is entered into on June 8, 2016, (the "Effective <br />Date') by and between the undersigned customer ( "Customer ") and Southern California Edison <br />Company ( "SCE ") (each a "Party ", collectively the "Parties "). <br />Recitals <br />1. Customer and SCE entered into the Energy Management Solutions Incentives Application <br />for Business Customers on or about April 10, 2013 and If applicable, the Customized <br />Solutions Agreement (individually or collectively referred to as "EMS Agreement"), which <br />is /are attached hereto and incorporated herein by reference. <br />2. Customer owns, leases or rents the property listed in the EMS Agreement as the Site and <br />maintains a service account(s) with SCE for electric service, Customer has completed <br />installation of eligible energy efficient equipment ( "Equipment ") at the Site as set forth in the <br />EMS Agreement and has accepted the equipment as being operational and in good working <br />order. <br />3. In Decision 12 -11 -015, the California Public Utilities Commission authorized SCE to provide <br />zero - percent interest financing for the installation of certain energy efficient equipment, <br />which is to be repaid over a specified period through the Customer's electric utility bill(s) <br />('On-Bill Financing "). <br />4. Customer desires to enter into this OBF Agreement in order to participate in SCE's On -Bill <br />Financing program and Customer agrees to repay SCE the Amount Financed (as defined <br />under "Loan Terms ", below) through the Customer's SCE utility bill(s) pursuant to the terms <br />and conditions of this OBF Agreement. <br />NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the <br />Parties agree as follows: <br />Terms and Conditions <br />Defined Terms: Except as the context otherwise requires, capitalized terms used in this OBF <br />Agreement without definition shall have the same meanings as are set forth in the EMS Agreement. <br />Amount Financed: Within thirty (30) days after the Effective Date, SCE will provide a payment for <br />the Amount Financed to Customer or to a third -party payee designated by Customer under the loan <br />Terms, below. Customer's designation of a third -party payee may not be changed or revoked, <br />Loan Terms: <br />Amount Financed ( "Amount Financed "): <br />$64,433.73 <br />Interest Rate: <br />0 °/a <br />Fees: <br />0 <br />Months to Pay: <br />78 <br />First Month Payment: <br />$646.16 <br />Remaining Monthly Payments: <br />$828.41 <br />Service Account to be Billed:' <br />0- 000 - 0022 -17 <br />Designated Third -Party Payee (if any): <br />N1A <br />Address of Designated Third -Party Payee: <br />I If more than one Service Account will be billed, information regarding the Service Account number and <br />monthly payment is included in Schedule A attached. <br />Form 14 -914 <br />1/2013 <br />