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QPA Master Lease Purchase Agreement - Hewlett Packard - 2018 Computer Refresh
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QPA Master Lease Purchase Agreement - Hewlett Packard - 2018 Computer Refresh
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4/2/2025 10:00:02 AM
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5/9/2018 1:33:34 PM
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Board of Public Works
Document Type
Contracts
Document Date
5/8/2018
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Master Agreement Number 5245088229 <br />Schedule Number 524508822900018 <br />COUNTERPART NO. OF . TO THE EXTENT THAT THIS SCHEDULE CONSTITUTES CHATTEL PAPER (AS <br />DEFINED ON THE UCC), INO SECURITY INTEREST IN THIS SCHEDULE MAY BE CREATED THROUGH THE TRANSFER OR <br />POSSESSION OF ANY COUNTERPART OTHER THAN COUNTERPART NO, 1, <br />STATE AND LOCAL GOVERNMENT MASTER LEASE PURCHASE AGREEMENT <br />SCHEDULE <br />HEWLETT-PACKARD FINANCIAL SERVICES COMPANY' ("Lessor") and City of South Bend, Indiana, an agency, department <br />or political subdivision of the State of Indiana ("Lessee") are parties to the State and Local Government Master Lease Purchase <br />Agreement identified by the Master Agreement Number specified above (the "Master Agreement"). This Schedule (which shall be <br />identified by the Schedule Number specified above) and the Master Agreement together comprise a separate Lease between the parties. <br />The terms and conditions of the Master Agreement are hereby incorporated by reference into this Schedule. All capitalized terms used <br />in this Schedule without definition have the meanings ascribed to them in the Master Agreement. <br />A. Description of Items of Leased Equipment Total Cost <br />Refer to HP Inc. & Civitas IT Quote # 12175704 & CITQ1354 $214,470.50 <br />B. Term: 49 Months <br />2. RENT. See Attachment A, includes pack and ship costs from a single pick up location at end of lease <br />ANNUAL RATE OF INTEREST 5.27% <br />3. LATEST COMMENCEMENT DATE: July 31, 2018. Lessor's obligation to purchase and lease the Equipment is subject to the <br />acceptance Date, being on, or before the Latest Commencement Date. <br />4. EQUIPMENT LOCATION: 227 W. Jefferson Blvd, SOUTH' BEND, IN, 46601 <br />5. SELLER: Hewlett-Packard Company <br />6, APPROPRIATIONS: Monies for all Rent and other payments due under the Lease for the Fiscal Period ending 2018 <br />are available from Lessee's appropriated funds for such Fiscal Period and that appropriations and/or other funds have been <br />encumbered or designated for the payment of all Rent and other payments that shall become due under the Lease in such Fiscal <br />Period. <br />7, NON -ASSIGNABILITY BY LESSOR: Notwithstanding any other terms or conditions set forth in the Master Agreement to the <br />contrary, Lessor hereby agrees that it shall not and will not sell, discount, factor, hypothecate or otherwise dispose of its interest in <br />the Equipment or this Schedule or any Lease. <br />8. ADDITIONAL PROVISIONS: <br />9. FISCAL PERIOD: 1/1 /18 th ru 12/31118 <br />LESSOR AGREES TO LEASE TO LESSEE AND LESSEE AGREES TO LEASE FROM LESSOR THE EQUIPMENT DESCRIBED IN <br />SECTION 1.A ABOVE, SUCH LEASE WILL IBE GOVERNED BY THE MASTER AGREEMENT AND THIS, SCHEDULE, INCLUDING <br />THE IMPORTANT ADDITIONAL TERMS AND CONDITIONS SET FORTH ABOVE. IN' THE EVENT OF ANY CONFLICT BETWEEN <br />THE TERMS OF THIS SCHEDULE AND THE MASTER AGREEMENT, THE TERMS OF THIS SCHEDULE SHALL GOVERN. LESSEE <br />HEREBY REPRESENTS AND WARRANTS THAT ON AND AS OF THE DATE HEREOF EACH OF THE REPRESENTATIONS AND <br />WARRANTIES MADE BY LESSEE IN THE MASTER AGREEMENT ARE TRUE, CORRECT AND COMPLETE. <br />LESSEE: APPIWVID, <br />CITY OF SOUTH BENEJJMP*V plWit, <br />By: <br />LESSOR: <br />HEWLETT-PACKARD FINANCIAL SERVICES COMPANy2 <br />By: <br />Name and Title <br />Date <br />I Authorized to do busig@D_F.WCIAL SERVICES COMPANY in the states of Alabama and New York. <br />2 Authorized to do business in the name of HEWLETT-PACKARD FINANCIAL SERVICES COMPANY in the states of Alabama and New York, <br />Page I of 4 <br />
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