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Agmt99 Noresco
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Agmt99 Noresco
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Last modified
7/5/2005 3:01:51 PM
Creation date
5/19/2005 10:58:06 AM
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Template:
Agreement
Contractor Name
Noresco
PROJECT NAME
traffic signal red light conversion
RMP File Number
304
Date
12/29/1999
Reso Ref
13784
Box
5901
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<br />which time ownership ot and title to the System and all its components shall automatically transfer <br />to and be vested in Customer without the requirement of any further action on the part of <br />NORESCO or the Customer. Notwithstanding the foregoing, NORESCO shall execute and deliver <br />such documents or instruments as Customer may reasonably request in order to evidence the <br />transfer of title to the System to Customer. <br /> <br />(a) <br /> <br />SECTION 4 - Protection of System <br /> <br />Customer shall keep the System and its components free and clear of all encumbrances, <br />liens, security interests, attachments, and similar legal interests that may impair <br />NORESCO'S interest in the System(or the system itself), or may have the effect of <br />subordinating all or any portion of NORESCO'S interest in the System and its components. <br />Customer shall not take any action that has the effect of impairing NORESCO'S interest in <br />the System. <br /> <br />SECTION 5 - Term <br /> <br />The Term of this Agreement shall begin on the date above first written and shall end on July 31, <br />2006. <br /> <br />SECTION 6 - Riaht of Entry <br /> <br />Customer and NORESCO shall mutually plan the scheduling of the work, minimizing the interruption <br />of the daily routine of staff. Customer shall provide NORESCO, PG&E, and their respective <br />employees, agents and subcontractors, access to the Property for the purpose of fulfilling <br />NORESCO'S obligations under this Agreement and allowing PG&E to conduct site inspections. <br /> <br />SECTION 7 - Chanae in Work <br /> <br />NORESCO may propose changes in the Scope of Work described in Attachment B, including <br />without limitation the types or quantities of ECM's to be installed, substantially in the form of <br />Attachment E, the Change Order Form. Customer shall not unreasonably withhold or delay <br />approval of such change orders. <br /> <br />SECTION 8 - Chanaes in Use and Enerav Savinas <br /> <br />(a) <br /> <br />Customer shall notify NORESCO in writing as soon as practicable and in any event at least <br />thirty (30) days prior to any change at the Property that would materially affect the <br />electrical demand or usage at the Property or the reduction in demand or usage produced <br />by the System (a "Change in Use"), including but not limited to changes in the hours or <br />days the Property is occupied or operated, the number of occupants, the activity <br />conducted, the equipment used, or the size of the Property. Customer shall notify <br />NORESCO immediately of any malfunction of the System or any related energy consuming <br />equipment. <br /> <br />(b) <br /> <br />In the event that Customer (i) experiences a Change in Use that reduces the savings of <br />electrical demand or usage from the System during the term of this Agreement as <br />reasonably determined by NORESCO or (ii) removes or discontinues use of the System or <br />any portion thereof, the PG&E Credit shall be reduced as provided in Section 2, and <br />Customer shall thereafter be required to pay to NORESCO the difference between the then <br />applicable Rental Payment and the PG&E Credit, for each such Facility listed in <br />Attachment A. The reduction in energy savings shall be determined in accordance with <br />the Utility Agreement with PG&E. <br /> <br />(c) <br /> <br />Customer may replace ECM's installed by NORESCO, provided that the new equipment is <br />of equal or greater efficiency and does not reduce energy savings. <br /> <br />c:\my documents\mLfiles\word\agreements\noresco1.doc <br /> <br />3 <br />
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