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10-2191 Lease Purchase Agreement with SunTrust Equipment Finance & Leasing Corp.
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10-2191 Lease Purchase Agreement with SunTrust Equipment Finance & Leasing Corp.
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10/2/2024 12:53:28 PM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
10/25/2010
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Lease No.: 0592 <br />Equipment Schedule: 08 <br />ACCEPTANCE CERTIFICATE <br />1, the undersigned, hereby certify that I am the duly qualified and acting officer of the Lessee identified below and, with respect to <br />the above referenced Equipment Schedule and Lease, that: <br />1. The Equipment described below has been delivered and installed in accordance with Lessee's specifications, is in good <br />working order and is fully operational and has been fully accepted by Lessee on or before the date indicated below: <br />2. Attached are (a) evidence of insurance with respect to the Equipment in compliance with Article VII of the <br />Agreement; (b) Vendor invoice(s) and/or bill(s) of sale relating to the Equipment, and if such invoices have been paid by Lessee, <br />evidence of payment thereof (evidence of official intent to reimburse such payment as required by the Code having been delivered <br />separately by Lessee); and (c) financing statements executed by Lessee as debtor and/or the original certificate of title or <br />manufacturer's certificate of origin and title application, if any, for any Equipment which is subject to certificate of title laws. <br />3. Rental Payments shall be due and payable by Lessee on the dates and in the amounts indicated on the Payment Schedule <br />attached to the Equipment Schedule. Lessee has appropriated and/or taken other lawful actions necessary to provide moneys sufficient to <br />pay all Rental Payments required to be paid under the Lease during the current Fiscal Year of Lessee. Such moneys will be applied in <br />payment of all such Rental Payments due and payable during such current Fiscal Year. Lessee anticipates that sufficient funds shall be <br />available to make all Rental Payments due in subsequent Fiscal Years. <br />4. Lessee hereby authorizes and directs Lessor to fund the Acquisition Cost of the Equipment by paying, or directing the payment <br />by the Escrow Agent (if applicable) of, the invoice prices to the Vendor(s), in each case as set forth above, or by reimbursing Lessee in the <br />event such invoice prices have been previously paid by Lessee. <br />5. Final Acceptance Certificate. This Acceptance Certificate constitutes final acceptance of all of the Equipment identified in <br />the Equipment Schedule described above. Lessee certifies that upon payment in accordance with paragraph 4 above, or direction to the <br />Escrow Agent (if applicable) to make payment, Lessor shall have firlly and satisfactorily performed all of its covenants and obligations <br />under the Lease. [CHECK BOX IF APPLICABLE.] <br />CITY OF CASSELBERRY, FLORIDA, <br />Lessee <br />By: 04 d,-, ,, --� �2 <br />Name: Charlene Glancy <br />Title: Mayor <br />Date: 10 -026 --lo <br />10/25/2010: PL-Bq-nesc.D0C/rev.03/00st1 <br />
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