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R2017-21 Purchase Two Dump Trucks from Mack Sales & Services
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R2017-21 Purchase Two Dump Trucks from Mack Sales & Services
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Last modified
2/13/2018 4:29:41 PM
Creation date
2/24/2017 4:04:53 PM
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Resolution/Ordinance
Res Ord Num
R2017-21
Res Ord Title
Mack Sales & Services, Inc. for Purchase of Two Dump Trucks
Department
Public Works
Approved Date
2/21/2017
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E23 <br /> FINAL RECEIPT CERTIFICATE <br /> LEASE SCHEDULE NO.211637000 <br /> Dated:February 2,2018 <br /> Reference is made to the above Lease Schedule("Schedule")and to the Master Lease-Purchase Agreement("Master <br /> Lease")identified in said Lease Schedule,which have been executed and delivered by the undersigned Lessee <br /> ("Lessee")and PNC Equipment Finance,LLC("Lessor"). This Certificate amends and supplements the terms and <br /> conditions of the Lease Schedule and is hereby made a part of the Lease Schedule. Unless otherwise defined herein, <br /> capitalized terms defined herein,capitalized terms defined in the Master Lease or the Lease Schedule shall have the <br /> same meaning when used herein. <br /> Notwithstanding anything to the contrary,express or implied,in the Master Lease(including the Schedules attached <br /> thereto),Lessee agrees as follows: <br /> 1. ACCEPTANCE OF EQUIPMENT. AS OF THE ACCEPTANCE DATE STATED BELOW AND AS BETWEEN LESSEE <br /> AND LESSOR, LESSEE HEREBY AGREES THAT:(A)LESSEE HAS RECEIVED AND INSPECTED ALL OF THE EQUIPMENT <br /> DESCRIBED IN THE LEASE SCHEDULE ("EQUIPMENT"); (B) ALL EQUIPMENT IS IN GOOD WORKING ORDER AND <br /> COMPLIES WITH ALL PURCHASE ORDERS, CONTRACTS AND SPECIFICATION; (C)LESSEE ACCEPTS ALL EQUIPMENT <br /> FOR PURPOSES OF THE LEASE "AS-IS, WHERE-IS"; AND (D) LESSEE WAIVES ANY RIGHT TO REVOKE SUCH <br /> ACCEPTANCE. <br /> ACCEPTANCE DATE: February 2 . 2018 <br /> 2. RENT PAYMENTS. LESSEE HERESY CONFIRMS THAT LESSEE WILL COMMENCE PAYMENT OF THE RENT <br /> PAYMENTS FOR THE EQUIPMENT IN THE AMOUNTS SPECIFIED IN LEASE SCHEDULE WITH THE FIRST RENT <br /> PAYMENT BEING DUE ON MARCH 2,2018. <br /> City of Decatur <br /> ("Lessee") <br /> By: Tim Clpa-,nn =L <br /> Title: City Manager <br />
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