Laserfiche WebLink
'0 <br />EQUIPMENT LEASE PURCHASE AGREEMENT <br />THIS EQUIPMENT LEASE PURCHASE AGREEMENT, (as amended or supplemented from <br />time to time, this "Agreement") dated as of M6ber z , 2000 between SUNTRUST BANK, <br />a Virginia banking corporation ("the Lessor") and the CITY OF CHARLOTTESVILLE, <br />VIRGINIA, a body politic ("the Lessee"); <br />WITNESSETH: <br />WHEREAS, the Lessor has agreed to lease the Equipment (as hereinafter defined) to the <br />Lessee, and the Lessee has agreed to lease the Equipment from The Lessor, pursuant to the terms <br />and conditions hereinafter set forth; <br />NOW, THEREFORE, for and in consideration of the premises and of the covenants <br />hereinafter contained, and other good and valuable consideration, the mutual parties hereto agree <br />as follows: <br />SECTION 1. DEFINITIONS <br />• For purposes of this Agreement and any related documents, the following definitions will <br />apply: <br />1.1 Bond Counsel. W. Clyde Gouldman, II1, City Attorney or such other nationally <br />recognized bond counsel as may be selected by the Lessee and reasonably acceptable to the <br />Lessor. <br />1.2 Acceptance Date. Unless otherwise agreed to by the prior written consent of the <br />Lessor, the Equipment delivery date. <br />1.3 Acceptance Certificate. A certificate in the form attached hereto as Exhibit A by <br />which the Lessee accepts delivery of all or a portion of the Equipment. <br />1.4 Commencement Date. The date a sum equal to the Costs of the Equipment is <br />advanced by the Lessor. <br />1.5 Costs of the Equipment. The total cost of acquisition and installation of the <br />Equipment, including costs of issuance. <br />1.6 Equipment. The personal property described in Schedule A to this Agreement <br />• that is now or may hereafter from time to time become attached hereto and incorporated herein by <br />