Common use of Original PPA Clause in Contracts

Original PPA. A true and correct copy of the PPA is attached hereto as Exhibit 1. IN WITNESS, WHEREOF, Homeowner and Assuming Party hereby agree to this PPA Transfer Agreement. Homeowner: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Signature: Signature: 8/13/2018 8/8/2018 Signature: 8/8/2018 Date: 08/08/2018 PPA Transfer Agreement (Form) 20180201 DocuSign Envelope ID: 75FA33CD-2AFC-468A-A9C8-5772A512EE1E Here are the key terms of your SolarCity Power Purchase Agreement Date: 2/3/2015 Our Promises to You  We insure, maintain, and repair the System (including the inverter) at no additional cost to you, as specified in the agreement.  We provide 24/7 web-enabled monitoring at no additional cost to you, as specified in the agreement.  We warranty your roof against leaks and restore your roof at the end of the agreement, as specified in the agreement.  The rate you pay for electricity, exclusive of taxes, will never increase by more than 2.90% per year.  The pricing in this PPA is valid for 30 days after 2/3/2015.  We are confident that we deliver excellent value and customer service. As a result, you are free to cancel anytime at no charge prior to construction on your home. Estimated First Year Production 7,654 kWh Customer Name and Address Customer Name Installation Location  If you move, you may transfer this agreement to the purchaser of your Home, as specified in the agreement.  At certain times, as specified in the agreement, you may purchase the System.  These options apply during the 20 year term of our agreement and not beyond that term.  SolarCity will remove the System at no cost to you.  You can upgrade to a new System with the latest solar technology under a new contract.  You may purchase the System from SolarCity for its fair market value as specified in the agreement.  You may renew this agreement for up to ten (10) years in two (2) five (5) year increments.

Appears in 1 contract

Sources: Ppa Transfer Agreement

Original PPA. A true and correct copy of the PPA is attached hereto as Exhibit 1. IN WITNESS, WHEREOF, Homeowner and Assuming Party hereby agree to this PPA Transfer Agreement. Homeowner: ▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ Signature: 7/14/2016 Assuming Party: ▇▇▇▇▇ ▇▇▇▇▇ Signature: 8/13/2018 8/8/2018 SignatureConsented and agreed: 8/8/2018 DateMound SolarPartnership X, LLC DocuSign Envelope ID: 08/08/2018 83508239-04F9-4BF5-A9A3-FDC7AB7175A4 EXHIBIT 1 PPA PPA Transfer Agreement (Form) 20180201 20140918 DocuSign Envelope ID: 75FA33CD-2AFC-468AF58FCC3E-9F19-A9C84335-5772A512EE1E A9A8-6A2B857BF297 Here are the key terms of your SolarCity Power Purchase Agreement Date: 2/3/2015 6/14/2015 Our Promises to You  We insure, maintain, and repair the System (including the inverter) at no additional cost to you, as specified in the agreement.  We provide 24/7 web-enabled monitoring at no additional cost to you, as specified in the agreement.  We warranty your roof against leaks and restore your roof at the end of the agreement, as specified in the agreement.  The rate you pay for electricity, exclusive of taxes, will never increase by more than 2.90% per year.  The pricing in this PPA is valid for 30 days after 2/3/20156/14/2015.  We are confident that we deliver excellent value and customer service. As a result, you are free to cancel anytime at no charge prior to construction on your home. Estimated First Year Production 7,654 6,984 kWh Customer Name and Address Customer Name Installation Location  If you move, you may transfer this agreement to the purchaser of your Home, as specified in the agreement.  At certain times, as specified in the agreement, you may purchase the System.  These options apply during the 20 year term of our agreement and not beyond that term.  SolarCity will remove the System at no cost to you.  You can upgrade to a new System with the latest solar technology under a new contract.  You may purchase the System from SolarCity for its fair market value as specified in the agreement.  You may renew this agreement for up to ten (10) years in two (2) five (5) year increments.

Appears in 1 contract

Sources: Ppa Transfer Agreement