Laserfiche WebLink
<br />LEASE SCHEDULE NO. 1000094642 <br />Dated As Of March 17, 1999 <br /> <br />This Lease Schedule, tOQether with its Payment Schedule, is attached and made a part of the Master Lease-Purchase <br />Agreement described below ("Master Lease") between the Lessee and Lessor named below. All terms and conditions of <br />the Master Lease are incorporated herein by reference. Unless otherwise defined herein, capitalized terms defined in the <br />Master Lease will have the same meaning when used herein. <br /> <br />Master Lease-Purchase Agreement dated March 17, 1999 <br /> <br />A. EQUIPMENT DESCRIBED: The Equipment includes all of the property described on Schedule A-1 attached hereto <br />and made a part hereof. <br /> <br />B. EQUIPMENT LOCATION: <br /> <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br /> <br />C, ACCEPTANCE OF EQUIPMENT: AS BETWEEN LESSEE AND LESSOR, LESSEE AGREES THAT: (a) LESSEE <br />HAS RECEIVED AND INSPECTED ALL EQUIPMENT; (b) ALL EQUIPMENT IS IN GOOD WORKING ORDER AND <br />COMPLIES WITH ALL PURCHASE ORDERS, CONTRACTS AND SPECIFICATIONS; (c) LESSEE ACCEPTS ALL <br />EQUIPMENT FOR PURPOSES OF THE LEASE "AS-IS, WHERE-IS"; AND (d) LESSEE WAIVES ANY RIGHT TO <br />REVOKE SUCH ACCEPTANCE. <br /> <br />D. ESSENTIAL USE; CURRENT INTENT OF LESSEE: Lessee represents and agrees that the use of the Equipment is <br />essential to Lessee's proper, efficient and economic functioning or to the services that Lessee provides to its citizens and <br />the Equipment will be used by Lessee only for the purpose of performing its governmental or proprietary functions <br />consistent with the permissible scope of its authority. Lessee currently intends for the full Lease Term: to use the <br />Equipment; to continue this Lease; and to make Rental Payments if funds are appropriated in each fiscal year by its <br />governing body. <br /> <br />E. RENTAL PAYMENTS; LEASE TERM: The Rental Payments to be paid by Lessee to Lessor, the commencement date <br />thereof and the Lease Term of this Lease Schedule are set forth on the Payment Schedule attached to this Lease <br />Schedule. <br /> <br />F. RE-AFFIRMATION OF THE MASTER LEASE: Lessee hereby re-affirms all of its representations, warranties and <br />obligations under the Master Lease (including, without limitation, its obligation to pay all Rental Payments, its disclaimers in <br />Section 7 thereof and its representations in Sections 6.1 and 16 thereof). <br /> <br />Equipment/Escrow Acceptance Date: <br /> <br />LESSEE: <br />City of San Marcos, (TX) <br /> <br />LESSOR: <br />Banc One Leasing Corporation <br /> <br />By: t7f~ 04JA: \ <br /> <br />Title: (it}' Manager <br /> <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br /> <br />~. <br />/ ~)..:" /,4 <br />By:]. U,L.-z./ (/, e://a.t2e ,.e2t?~ <br /> <br />Title: Fundina Authority <br /> <br />1111 Polaris Parkway, Suite A3 <br />Columbus, Ohio 43240 <br /> <br /> <br />(munilease.tex) <br />