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5833 AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT
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5833 AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT
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Last modified
10/17/2016 4:47:12 PM
Creation date
10/17/2016 4:47:11 PM
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Resolution/Ordinance
Res Ord Num
5833
Res Ord Title
AUTHORIZING AGREEMENT FOR LEASE OF DATA PROCESSING EQUIPMENT
Approved Date
6/25/1973
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Lease No. . . .3 91. . _ <br /> Machine Schedule . . . .l. . . . <br /> CUSTOMER CREDIT FOR Iv1ACHII�IE 1�IALFUNCTION RIDER <br /> � <br /> If Cust�mer is wiable to use machines covered by the above It�achitie 5cl�edule <br /> for a continuous period of forty-eight (48) hours due to malfunction of such <br /> machines (not sofrivare), ITEL shall credit Customer with 1/30t1i of the Monthly <br /> Availability Charge payable hereunder with zespect to such machines for each <br /> successive 24-hour period thereafter during �vhich the machines continue to mal- <br /> function, up to an aggregate of fifteen (15) such periods, provided that the Initial <br /> Term hereof, and each of the dates upon which early termination privileges, if <br /> any, may be exercised, shall be extended by one week for each such 24-hour <br /> period. Customer shall continue to pay the Monthly Availability Ctiarges specified <br /> herein currently and the amount of such credit shall be applied against 1�Sonthly <br /> Availability Charges last coming due hereunder. Customer credit requests inust <br /> be substantiated by IBNI Maintenance Logs. <br /> Temporary inoperability of the machines during maintenance or installation <br /> of en�ineering chaz��es b.y Z8M shall not be consider.ed to be machine malfunctioi� <br /> heremider. <br /> . I <br /> , �� <br /> ass xnt <br />� <br />
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