If you have elected to pay in more than four (4) installments for a license to one or more San Diego FC season seats (either for a single season or for multiple seasons), the following information is provided in connection with the Truth In Lending Act:
Creditor: The creditor is either SDFC Stadium LLC or its affiliate SDFC Team LLC (together “SDFC”).
Annual Percentage Rate: You will not be charged a credit fee or other charge to pay for your seat(s).
The cost of your credit as a yearly rate is: 0%.
Amount Financed: You will not be charged a credit fee or other charge to pay for your seat(s).
The amount of credit provided to you or on your behalf is: $0.00
Total of Payments: The amount you will have paid for your seat(s) after you have made all payments on a timely basis is equal to the amount of the total license fee for your seat(s). For premium hospitality license agreements, this amount is specified on the Cover Page to your license agreement and on the License Fee and Payment Schedule (Appendix A) attached to your license agreement, which is provided to you in the process of completing your purchase. For Season Ticket Memberships, this amount is specified in the invoice provided to you at the time of Membership purchase.
Finance Charge: There is no credit or finance fee charged to you in connection with the purchase of a license to premium hospitality seats or a Season Ticket Membership.
Total Sale Price: For premium hospitality license agreements, the total cost of the license to your seat(s), including any initial payment you make, will be equal to the total license fee specified on the Cover Page to your license agreement and on the License Fee and Payment Schedule (Appendix A) attached to your license agreement, which is provided to you in the process of completing your purchase. For Season Ticket Memberships, the total cost of the license to your seat(s) is specified in the invoice provided to you at the time of Membership purchase.
Number of Payments:
The total number of payments that you shall make is based on the installment plan you choose for the payment of your license to the seat(s). Such plans may vary from (1) installment per year up to twelve (12) installments per year.
If you choose to pay by installments: (a) for a premium hospitality license agreement, your installment plan, and the timing of the payment for each installment, is indicated on the License Fee and Payment Schedule (Appendix A) attached to your license agreement; and (b) for Season Ticket Memberships, your installment plan, and the timing of the payment for each installment, is indicated in the invoice provided to you at the time of Membership purchase.
Amount of Each Payment: The amount of each payment you shall make is based on: (i) the total license fee for the seat(s) you purchase; and (ii) the installments you have chosen to pay for your seat(s). For premium hospitality license agreement, the number of installments is specified on the license agreement which is provided to you in the process of completing your purchase. For Season Ticket Memberships, the number of installments is specified in the invoice provided to you at the time of Membership purchase.