INSTALLMENT FINANCING AGREEMENTInstallment Financing Agreement • May 27th, 2021 • North Carolina
This INSTALLMENT FINANCING AGREEMENT, dated as of June 21, 2021 (the “Agreement”), between COUNTY OF LEE, NORTH CAROLINA, a body corporate and politic duly organized and validly existing under the laws of the State of North Carolina (the “County”), and REGIONS COMMERCIAL EQUIPMENT FINANCE, LLC (the “Lender”);
FIRST AMENDMENT TO INSTALLMENT FINANCING AGREEMENTInstallment Financing Agreement • October 1st, 2020
as of October 15, 2020 (the “First Amendment”), between the TOWN OF APEX, NORTH CAROLINA, a municipal corporation organized and existing under the laws of the State of North Carolina (the “Town”) and PINNACLE BANK, a Tennessee banking corporation, as successor to the Bank of North Carolina (the “Lender”), supplementing and amending an Installment Financing Agreement, dated as of July 9, 2014 (the “Agreement”), between the Town and the Lender;
NOTE 25: SUBSEQUENT EVENTSInstallment Financing Agreement • December 5th, 2017
On July 14, 2017, the Department of Transportation (Department) entered into an installment financing agreement with the Banc of America Public Capital Corp for an aggregate principal amount of $32.3 million for the purposes of financing energy conservation measures within the Department. The agreement was entered into pursuant to the State Energy Conservation Finance Act, Article 8 of Chapter 142 of the North Carolina General Statues; and the proceeds will be used to fund energy efficient lighting upgrades on State-owned roadways and in Department buildings, and a lighting monitoring and control system. Interest is computed at a rate of 2.1% per annum, with interest payments from the Highway Fund commencing August 1, 2017. Future interest and principal payments will be due on each February 1, May 1, August 1, and November 1, with the final payment due February 1, 2033.
FIRST AMENDMENT TO INSTALLMENT FINANCING AGREEMENTInstallment Financing Agreement • October 1st, 2020
as of October 15, 2020 (the “First Amendment”), between the TOWN OF APEX, NORTH CAROLINA, a municipal corporation organized and existing under the laws of the State of North Carolina (the “Town”) and PINNACLE BANK, a Tennessee banking corporation, as successor to the Bank of North Carolina (the “Lender”), supplementing and amending an Installment Financing Agreement, dated as of September 16, 2015 (the “Agreement”), between the Town and the Lender;
Installment Financing Agreement Proposal for: Offered By:Installment Financing Agreement • June 6th, 2016
