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16 <br /> INSURANCE REICK IREi4ENP: As set forth in the attached Exhibit A with policy <br /> holder as Gelco Finance Corporation, a subsidiary of General Electric Capital <br /> COrporatican. <br /> EXPIRATION DATE OF THIS ac rlfENP: Sept it er 30, 1989. <br /> We may terminate cur obligations under this letter aunt upon the <br /> expiration date if the equipment has not been accepted by you and the necessary <br /> schedule(s) have not been executed. At such tin' you shall be liable to <br /> purer from us such equipment as we have purchased, or have become obli ted <br /> to purchase. 9a <br /> It is understood that we are not bound, by the oral or written statement of any <br /> employee or agent of ours, and that our obligations are contained only in this <br /> letter or any amendment to it in writing, signed by our authorized officer. <br /> If you agree to enter into a leasing transaction on the terns set forth in this <br /> letter, in the Equipment Lease/Purchase Agreement and in the schedules <br /> Please <br /> indicate cate your acceptarre by delivering t e following to us within fifteen (15) <br /> days frcan the date of this letter: <br /> 1. The Lessor counterpart of this letter executed d by the County; <br /> 2. Both counterparts of the enclosed Equipment Lease/Purchase <br /> and/or Schedules executed by the county; <br /> Agreement <br /> 3. A certified copy of the Board Resolutions and Incumbency Certificate; <br /> 4. A letter from the County describing the essential use of the equipment; <br /> 5. UOC Financing Statements; <br /> 6. Opinion of Counsel; <br /> 7. Insurance Certificate with Loss Payable Endorsement naming Gelco Finance <br /> Corporation, a subsidiary of General Electric Capital Corporation; and <br /> 8. Vendor Assigrnment. <br /> By your acceiXtence hereof, you agree that this letter beaoanes a part of the <br /> Equipment /Purchase Agreement referenced above. <br /> • <br />