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Agenda - 05-15-1990 (2)
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Agenda - 05-15-1990 (2)
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Last modified
11/1/2017 12:27:48 PM
Creation date
11/1/2017 12:13:24 PM
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BOCC
Date
5/15/1990
Meeting Type
Public Hearing
Document Type
Agenda
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h - <br />NOW, THEREFORE, in consideration of the payment by Lessor to <br />Vendor of the sum of $89,512.00 _, receipt of which is <br />hereby acknowledged, <br />1. Vendor assigns to Lessor its right to sell to Lessee <br />the equipment, which is described in Exhibit A (Schedule of <br />Equipment) of the Supplementary Schedule of the Master Lease <br />Agreement dated August 2, 1990 between Lessor and Lessee, and <br />transfers title to that equipment to Lessor free and clear of any <br />liens, claims, and other encumbrances. <br />2. Lessor accepts the assignment and transfer of title <br />from Vendor. <br />3. Vendor agrees that all warranties made in that certain <br />Equipment Purchase Agreement and or.invoice between Vendor and <br />Lessee dated 48/2/ are assigned to Lessor. Vendor further <br />agrees that all such warranties are made for the benefit of and <br />can be enforced by Lessee, regardless of the assignment and <br />transfer of title described in paragraphs 1 and 2 and regardless <br />of privity of contract considerations. <br />ATTEST: <br />r <br />Assistant Secretary <br />ORANGE QQU14TY, NORTH ,4AROLINA <br />By: <br />FIRST WACHOVIA LEASING CORPORATION <br />ice President <br />`a <br />
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