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22C - SPEC - LIGHTING FIXTURES
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22C - SPEC - LIGHTING FIXTURES
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Last modified
12/1/2016 3:59:10 PM
Creation date
12/1/2016 3:51:25 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
22C
Date
12/6/2016
Destruction Year
2021
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EXHIBIT 3 <br />On -541 Financing Agreement <br />This On -Bill FlnanofnI Agresonant ("CBF Agreament°) is entered Into an <br />20 (the "Effsativs Date") by and between the undersigned oustomer ("Customs(') an <br />Sout tern California Edison Company ("SCE") (each a "Party," collectively the "Psrties"). <br />Recitals <br />1. Customer and SCE on(ered Into the Energy Management Solutions Incentives Application for <br />Business Customers on or about 20 _ and If appplicable, the Customized Solutions <br />Agreement (Individually or eolleotive yy re erred to as "EMS Agresmsnt"), which islare attached <br />hereto and Incorporated herein by referenos, <br />2. Customer owns, Wass or rents the propperiy listed In the EMS Agreement as the Site and <br />maintains a service accounts with 5CE for olsotrlo service, Customer has completed <br />installation of eligible energgy ePIclent equipment ("Equipment") at the Site as set forth In the <br />EMS Agreemerif and has dccopted the equipment as being operational and in good working <br />order, <br />3, In Oooislon 09.09.047, the California Public Utilities Commission authorized SCE to provide <br />zero -percent Interest financing for the installation of certain energy efficient equippment, which <br />Is to be re old over a specified period through the Customer's sloaldo utllity bills) (30n"8111 <br />Financing"F, <br />4, Customer desires to enter into this CBF Agreement In order to pertioippate In SCE's On•Bllf <br />Financing pro_F1ram and Customer agrees to repay SCE the Amount Fttancad (as defined <br />under "Loan ?'arms", below) through the Customer SCE utility bill(s) pursuant to the terms <br />and condkions of this OBF Agreement. <br />NOMI, THEREFORE, In consideration of the mutual promises and Covenants contained herein, the <br />Parties agree as follows: <br />Terms and Conditions <br />Defined Terms: Excep�t as the context otherwise requires, oapitallzod terms used In this OBF <br />Agreement without dofinition shall have the same meanings as aro set forth In the EMS <br />Agreement. <br />Amount Financed: Within thirty (30) days after the Effactive Dalai SCE will provide a payment for <br />the Amount Financed to Customer or to a thirdaporty payes designated by Customer under the <br />Loan Terms, below, Customer's designation of a third: party payee may not be changed or <br />revoked, <br />Loan Terms: <br />mount Financed (rAmWE— <br />Financed" ' <br />0 <br />nterast ate, <br />e <br />ont s to Pay. <br />"Fuel-WaFPaymenf <br />smWming Monthly symentw <br />ary Ce nccun o ba i led; <br />Designated t r a ayes i <br />an : <br />Address o as gnats hir <br />Part Puss: <br />It more than one Service Account will be billed, information regarding the Service Account j <br />number and monthly payment is Included In Schedule A attached. <br />Form 14-792 1 <br />0512012 <br />I <br />22C-21 <br />
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