Agmt 2005 Banc of America Leasing & Capital LLC

Home

(vii) All documents, including financing statements, affidavits, notices and similar instruments, in form satisfactory to Lessor, which Lessor deems necessary or appropriate at that time pursuant to Section 6.02; (viii) A copy of a fully completed and executed Form 8038-G; (ix) An Essential Use/Source of Funds Certificate in substantially the form attached as Exhibit E; and (x) Such other items, if any, as are set forth in such Lease or are reasonably required by Lessor, including but not limited to the Assignment of Vendor Agreement provided in Exhibit H attached hereto. (b) In addition, the performance by Lessor of any of its obligations pursuant to any Lease shall be subject to: (i) no material adverse change in the financial condition of Lessee since the date of this Lease, (ii) no Event of Default having occurred, and (iii) if no Acquisition Fund has been established, the Equipment must be accepted by Lessee no later than the date set forth in each Schedule (the °lJtilization Period. (c) Subject to satisfaction of the foregoing, Lessor will pay the Acquisition Amount for Equipment described in a Schedule to the Vendor or, if authorized by Lessee's governing body, will reimburse Lessee for the prior payment of any such Acquisition Amounts by Lessee to the Vendor, upon receipt of the documents described in Sections 5.O1(a] and (b); or if an Acquisition Fund has been established pursuant to an Escrow Agreement, Lessor will deposit the Acquisition Amount for Equipment described in the Schedule with the Escrow Agent. (d) This Agreement is not a commitment by Lessor to enter into any Lease not currently in existence, and nothing in this Agreement shall be construed to impose any obligation upon Lessor to enter into any proposed Lease, it being understood that whether Lessor enters into any proposed Lease shall be a decision solely within Lessor's discretion. (e) Lessee will cooperate with Lessor in Lessor's review of any proposed Lease. Without limiting the foregoing, Lessee will provide Lessor with any documentation or information Lessor may request in connection with Lessor's review of any proposed Lease. Such documentation may include, without limitation, documentation concerning the Equipment and its contemplated use and location and documentation or information concerning the financial status of Lessee and other matters related to Lessee. Section 3.05. Nonsubstitution. If Lessor terminates a Lease pursuant to Section 12.02 or Lessee terminates a Lease pursuant to Section 3.03, Lessee agrees, to the extent not prohibited by law, not to purchase, lease, rent or otherwise acquire equipment performing functions similar to those performed by the Equipment described in such Lease or obtain from any source the services or information that the Equipment described in such Lease was to perform or provide, in each case for a period equal to the shorter of #219845v12A (Gov't Entity Master Lease) 7