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19-21711
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2019
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19-21711
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Last modified
5/13/2020 8:29:21 AM
Creation date
5/11/2020 7:48:37 AM
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Building Department
Company Name
SILVERADO
Building Department - Doc Type
Permit
Permit #
19-21711
Building Department - Name
NORRIS-REDDICK JR,CHARISE & RAY
Address
35949 SADDLE PALM WAY
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DocuSign Envelope ID:BD284CA3-3AF2-4B29-8B9F-C648EEC1 BCSD <br /> by signing a transfer agreement. (ii)Transfer Purchase: In connection with a transfer of your Property that occurs <br /> any time after six (6) years after the In-Service Date, you may purchase the System by paying to us the Purchase <br /> Option Price at that time. <br /> If You Move: <br /> 1. You can transfer the Agreement to the buyer of your home,regardless of the buyer's credit rating; <br /> 2. You can prepay the Agreement; or <br /> 3. After the sixth anniversary,you can purchase the System. <br /> 4. We may relocate the System to your new home under certain circumstances. <br /> (h) Relocation. We may remove the System and reinstall it on your new home; provided that each of the <br /> following requirements are satisfied, in our sole discretion: <br /> (i) Your new home must: (A) be in a location with sun exposure that is not less than your current <br /> Property; (B) be located within our service territory and the service territory of the Utility; (C) have <br /> a roof type capable of supporting the System; (D) include roof sections where the System may be <br /> installed which are the same or similar in shape and size as the roof sections on the Property. <br /> (ii) In order to evaluate the feasibility of relocating the System to your new home, you will be required <br /> to pay to us an amount equivalent to our costs associated with evaluating the new home <br /> ("Evaluation Fee"). <br /> (iii) If we determine, in our sole discretion,that relocating the System is feasible,then before we remove <br /> the System, you will: (A) pay to us all fees, our estimated labor, equipment, and overhead costs <br /> associated with removal, relocating, and reinstalling the System, including an amount equal to any <br /> loss of value in or recapture of System Interests (the "Relocation Fee"); (B) execute an amendment <br /> to this Agreement that identifies the new home and adjusts the Monthly Payment, as applicable,to <br /> a rate consistent with the location of the new home; and (C) provide any third party consents or <br /> releases required by us in connection with the new home. <br /> 5. Defaults. <br /> (a) Customer Default. You will be in default (i.e., breach) under this Agreement upon the occurrence of any <br /> of the following (each, a "Customer Default"): <br /> (i) you fail to make any payment under this Agreement within ten (10) days of its due date and such <br /> failure is not cured within ten (10) days after we give you written notice of such failure; <br /> (ii) you fail to perform any obligation under this Agreement and such failure is not cured within thirty <br /> (30) days after we give you written notice of such failure; <br /> (iii) you deny us access to your Property or fail to cooperate with us to successfully install or maintain <br /> the System; <br /> (iv) your bankruptcy, insolvency, or admission of your inability to pay your debts as they mature; or <br /> (v) your Property becomes subject to a foreclosure proceeding or you fail to perform any obligation <br /> which is secured by your Property. <br /> (b) Default Remedies. Upon a Customer Default,we may exercise any of the following remedies: (i)terminate <br /> this Agreement and demand you pay the Default Payment, as that term is defined in Section 10 of the General <br /> Provisions; (ii) leave the System in place on your Property, but deny you use of the Energy it produces, which may <br /> Copyright© 2018 Vivint Solar Developer, LLC. all Rights Reserved. LEASE(812018, v4.0.2FL) I Page 7 of 16 <br />
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