Agenda - 11-03-1986 - Laserfiche WebLink

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tamer exercises its option to renew the lease on the original B, GOVERNING LAW Equipment,exercises its purchase option at the end of the origi- 0 1 nal Equipment lease,or terminates such lease by purchase,Cus- This Agreement shall be governed by the laws of New York State. tomer will be deemed to have taken the same action with respct C. COMPUANCE WITH STATUTES AND REGULATIONS to the Upgrade or Accessory,When equipment is add:• to this Xerox represents that it complies with the r:•uirernems of Agreement each payment made thereafter shall be allocated so applicable F''oral,State and Local statutes and regulations. II that an amount equal to the original payment is applied to the D. EXTRAORDINARY RELIEF lease of the original Equipment and an amount equal to the in- crease is applied to Me Subsequent Lease; however, the Except for obligation of payment, neither Xerox nor Cus- tamer shall be liable for non-•:rformance caused by circurre amount of any cash down payment on the Subsequent Purchase stances beyond their control, including, but not limited to shall be deemed to be allocated in its entirety to such Purchase, work mope. fires, civil disc), dience, riots, rebellions, 19.DISCLAIMER OF ALL WARRANTIES ON PURCHASE accidents,flood,and acts of God. XEROX MAKES NO WARRANTIES,EITHER EXPRESSED 04R IM- E. FINANCIAL STATEMENTS PUED, AS TO ANY MATTER WHATSOEVER, INCLUDING, Each year during the term of this Agreement, upon Xerox' WITHOUT IJMITATION, CONDITION OF EQUIPMENT, ITS request, Customer shall furnish Xerox with copies of its let- MERCHANTABILITY OR FITNESS FOR A PARTICULAR PUR- est fiscal year-end balance sheet and profit and loss state- POSE,FOR EQUIPMENT WHICH MAY BE PURCHASED BY CUS- merit as prepared by its Certifi:• Public Accountants within TOMER PURSUANT TO PARAGRAPHS 11.A. AND 11.B. OF ninety(90)days after close of such fiscal year THIS AGREEMENT AND XEROX SELLS THE EQUIPMENT AS- IS-WHERE-IS. 20.GENERAL A. NOTICES Notices required pursuant to this Agreement shall be mailed to Xerox at the Customer inquiry address Iclentifi:• on Cus- tomer's most recent payment reminder or invoice and to Customer at the bill-to address identified in the Xerox Order Agreement. All notices made pursuant to this Agreement will be effective upon date of postmark, 1 NOTICE TO THE BUYER(CUSTOMER): 0 1. Do not sign the contract before you read it or if it contains any blanks. 2. You are entitled to an exact copy of the contract you sign. 3. This Lease Agreement cannot be cancelled or terminated except as expressly provided herein. CUSTOMER'S SIGNATURE ON THE XEROX ORDER AGREEMENT AND INITIALS IN THE APPROPRIATE SECTIONS THEREOF IS AN ACKNOWLEDGEMENT OF RECEIPT OF THE DOCUMENTS SPECIFIED IN PARAGRAPH I HEREOF AND THAT CUSTOMER HAS READ AND UNDERSTANDS THE ENTIRE AGREEMENT AND ALL TERMS AND CONDITIONS. THE SIGNER OF THE XEROX EQUIPMENT AGREEMENT AFFIRMS THAT HE/SHE IS A DULY AUTHORIZED CORPORATE REPRESENTATIVE.PARTNER OR PROPRIETOR OF CUSTOMER, AND HAS THE AUTHORITY TO EXECUTE THE AGREEMENT ON ITS BEHALF. CUSTOMER ALSO REPRESENTS THAT THE EQUr ENT IS LEASED PRIMARILY FOR BUSINESS OR COMMERCIAL USE. : 0