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Master Lease Purchase Agreement - Hewlett Packard - Computer Equipement for New or Changed Positions
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Master Lease Purchase Agreement - Hewlett Packard - Computer Equipement for New or Changed Positions
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4/4/2025 1:52:05 PM
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2/12/2019 4:02:06 PM
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Board of Public Works
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Contracts
Document Date
2/12/2019
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Master Agreement Number 5245088229 <br />Schedule Number 524508822900020 <br />COUNTERPART NO. OF . TO THE EXTENT THAT THIS SCHEDULE CONSTITUTES CHATTEL PAPER (AS <br />DEFINED ON THE UCC), NO 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 />1. LEASE. <br />A. Descrl tlon of Items of Leased Eguil2ment Total Cost <br />Refer to HP Inc. Quotes 12456473-2 $ 24,205.00 <br />B. Term: 49 Months <br />2. RENT. See Attachment A <br />ANNUAL RATE OF INTEREST 5.29% <br />s. LATEST COMMENCEMENT DATE: April 30, 2019. 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: HP INC. <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 />a. ADDITIONAL PROVISIONS: <br />9, FISCAL PERIOD: 111/19_thru 12/31/19 <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 BE 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: LESSOR: <br />CITY OF SOUTH BEND, I HEWLETT-PACKARD FINANCIAL SERVICES COMPANYz <br />By: r of T).. By: <br />Name and Title <br />Date <br />' Authorized to do tAL SERVICES COMPANY in the states of Alabama and New York. <br />z Authorized to do business in the name o ELE t] FINANCIAL SERVICES COMPANY in the states of Alabama and New York. <br />._N'agc 1 of4 <br />
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