OTHER IMPORTANT. INFORMATION (continued) ------------------------------------------------------------------------------ PAYMENTS WE MAY DEFER
OTHER IMPORTANT. Terms If the agreed upon Contract Price detailed in section 3 of the contract is not paid in-full, New Leaf Solar will place a lien on the property until the amount due is paid. Preparer Name Xxxxxxx Xxx Signature of Authorized Company Official or Representative: Date: Signature of Customer: Date: ADDENDUM TO CUSTOMER AGREEMENT NY-Sun Incentive Program Please check appropriate box below. This Agreement is related to a PV project receiving incentive funding under the NY-Sun Residential & Nonresidential Incentive Program This Agreement is related to a PV project receiving incentive funding under the NY-Sun Commercial & Industrial Incentive Program All Participating Contractors must incorporate this Addendum into the agreement between the Contractor and Customer (Agreement) for each PV project receiving incentives. The following terms will apply to all NY-Sun supported PV projects under the Residential & Nonresidential Program or Commercial & Industrial Program: Attorney Consultation: The Agreement to which this Addendum is attached and made part is a legally binding document; you may wish to consult with an attorney before signing. Conflicting Terms: In the event of a conflict between the terms in any other contractual instrument between the Contractor and Customer and the terms of this Addendum, the terms of this Addendum shall control. Assumption of Responsibilities: Should the Contractor or owner of the PV System, including any associated energy storage system installed under the NY-Sun Program, sell or transfer ownership of the PV System, including, if applicable, the associated energy storage system, during the term of the Agreement, the Contractor/owner agrees that it will alert Customer in advance of such transfer or sale, and that, during the duration of the term of the Agreement, either: (1) the Contractor will remain responsible to the Customer for all obligations and responsibilities stated herein, or (2) under the agreement of sale the buyer will assume all responsibilities to Customer stated herein, if applicable. Incentives: Incentives are only available for the installation of new grid-connected PV Systems and energy storage systems that have not been installed (partially or completely) prior to the Project Application achieving a status of “Approved,” as determined by NYSERDA. Incentives are reserved at the incentive level designated in the MW block in effect at the time of application submission. Incentives will not be provided directly to C...
OTHER IMPORTANT. INFORMATION (Continued) -------------------------------------------------------------------------------- FACILITY OF PAYMENT If no beneficiary is named, we reserve the right to pay an amount not to exceed $2,000 to any person we determine to be entitled to such amount by reason of incurred expenses incident to the last illness or death of a Certificate Owner. AUTHORITY TO MAKE AGREEMENTS All agreements made by us must be signed by one of our officers. No other person, including an insurance agent or broker, has the authority to: (1) change any of this Contract's terms; (2) extend the time for Premium Payments; or (3) make any agreement binding on us. We have filed a detailed statement of our computations with the insurance supervisory official in the appropriate jurisdictions where each Certificate is delivered. The values are not less than those required by the law of that state or jurisdiction. Any benefit provided by an attached optional benefit rider will not increase these values unless otherwise stated in that rider. PAYMENTS WE MAY DEFER We may not be able to determine the value of the assets in the Variable Separate Account because:
OTHER IMPORTANT. INFORMATION (CONTINUED) -------------------------------------------------------------------------------- NON-PARTICIPATING Neither this Contract, nor Certificates issued hereunder, participate in our divisible surplus. CONTESTABILITY Certificates issued under this Contract are incontestable from their date of issue. PAYMENTS WE MAY DEFER We may, at any time, defer payment of a Certificate's Cash Surrender Value for up to six months after we receive a request for it. We will allow interest of at least 3.00% a year or greater if required by state law, on any Cash Surrender deferred 30 days or more. AUTHORITY TO MAKE AGREEMENTS
OTHER IMPORTANT. CONSIDERATIONS Property Sale or Refinancing I understand that I may be required to pay off the remaining balance of this obligation by the mortgage lender refinancing my property. If I sell my property, the buyer or their mortgage lender may require me to pay off the balance of this obligation as a condition of sale. ..................... .................... .................... .................... OWNER 1 OWNER 2 OWNER 3 OWNER 4 Tax Payment and Monthly Mortgage Payments Your special tax payments will be added to your property tax xxxx. Whether you pay your property taxes through your mortgage payment using an impound account or if you pay them directly to the tax collector, you will need to save an estimated for your first special tax installment. If you pay your taxes through an impound account you should notify your mortgage lender, so that your monthly mortgage payment can be adjusted by your mortgage lender to cover your increased property tax xxxx. ..................... .................... .................... .................... OWNER 1 OWNER 2 OWNER 3 OWNER 4
OTHER IMPORTANT. Issues ① A long-span steel box girder bridge will be applied owing to the height limit (45 m) from the Mactan-Cebu International Airport, which is adjacent to the Project’s target area, and the width restriction (185 m) imposed for vessels passing through the Mactan Strait. In addition, we plan to leverage Japanese technology, such as the large block erection method, SBHS (Steel for Bridge High Performance Structure) and composite floor slabs. ② The Third Bridge under construction will mainly satisfy the traffic demand between the central part of Cebu Island and the west of Mactan Island, and the new Cebu-Mactan Bridge to be developed in the Project will mainly satisfy the traffic demand between the central part of Cebu Island and the east of Mactan Island. The bridges are therefore expected to effectively divide traffic demand.
