1985-085-RES WHEREAS, the City Council of the City of Paris, did at its special meeting on August 27, 1984 approve the

Home Browse Search

"I .' ,.'L';C~ ; ";'; )..;,"J: :;,:::;~,:~:~~::1;:'~~,~,~;1..Lii:';':_~l;;":';;:~:: i:\;':';;':i'('ir'itll"h:;;:, ::~-" (c) . Sell or lease the Equipment or sublease it for the account of Lessee, holding Lessee liable for all Lease Paymcnts and o tlw I. payments due to the effeetive date of sucl) selling, leasing or subleasing Hnd for the difference between the purchase price, rental and other amounts [laid hy the purchaser, lessee or sulllessee [JUI"suant to sueil silk, lease or sublease and the amounts payable by Lessee hereundcr; or (d) Exercise any other right, remedy or privilege wtlich may be avallnble to It under applicable laws of the state of the Equipment Location or any other applicable law or proceed by appropriate court action to enfol.ce the terms of this Lease or to recover damages for the breach of this Lease or to rescind this Lease as to any or ail of the Equipment. In addition, Lessee will remain liable for all covenants and indemnities undel' this Lease and for all legal fees and other costs and expenses, including court costs, incurred by Lessor with respect to the enforcement of any of the remedies listed above or any other remedy available to Lessor. 21. NOTICES. All notices to be given under this Lease ahll be made in writing and mailed by certified mail, return receipt requested, to the other party at its address set forth herein or at such address as the party may provide in writing from time to time. Any such notice shall be deemed to have been received five days subsequent to mailing. 22. SECTION HEADINGS. All section headings contained herein arc for the convenience of reference only and are not intended to define or limit the scope of any provision of this Lease. 23 GOVERNING LAW. This Lease shall be construed in accordanee with and governed by the laws of the state of the Equipment Location. 24. DELIVERY OF RELATED DOCUMENTS. Lessee will execute or provide, as requested by Lessor, such other documents and information as are reasonably necessary with respect to the transaction contemplated by this Lease. At the request of Lessor, Lessee will furnish Lessor annual financial statements of Lessee within forty-five days after the end of Lessee's fiscal year. 25. ENTIRE AGREEMENT; WAIVER. This Lease, togethel' witil the Acceptance Certificate and other attachments hereto, and other documents or instruments executed by Lessee and Lessor in connection herewith constitute the entire agreement between the parties with respect to the lease of the Equipment, and this Lease shall not be modified, amended, altered or changed except with the written consent of Lessee and Lessor. Any provision of this Lease found to be prohibited by law shall be ineffective to the extent of suctl prohibition without invalidating the remainder of this Lease. The waiver by Lessor of any breach by Lessee of any term covenant or condition hereof shall not operate as a waiver of any subsequent breacl) thereof. 26. ADDfI'lONAL PROVISIONS. Any amendments to the standaf'dlangunge of tilis Lease will be set forth in Exhibit C attached hereto. T. ,J, RANEY & SONS, INC. LESSEE By: By: Title: / U--------- Title: