Acquisition Period. The maximum number of Option Shares that may be purchased or subscribed by the Option Holder in the exercise of the Options over the four-year period from the date of grant is determined as follows:
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of the month following the date hereof.]
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of the eighteenth (18th) month following the date hereof.
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of 3 years following the date hereof.
Acquisition Period m eans the period com m encing on execution of this Agreement and ending on the earlier of May 31, 2004, or the aggregate leasing of $8 million of Equipment for each of the three- and four-year lease terms and $15 million of Equipment for each of the five-, six- and seven-year lease terms. The amount of aggregate leasing of this Agreement may be increased to $15 million by mutual consent of both the Lessee and the Lessor.
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of the _ month following the date hereof.] [OPTION: IF ESCROW AGREEMENT IS USED AND A SURETY BOND IS REQUIRED:
Acquisition Period. The Acquisition Period applicable to this Equipment Schedule shall end at the conclusion of the month following the date hereof.] [OPTION: IF ESCROW AGREEMENT IS USED AND A SURETY BOND IS REQUIRED:
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of the _ month following the date hereof.] [Option: If Escrow Agreement Is Used and a Surety Bond is Required: [8] Surety Bonds; Lessee to Pursue Remedies Against Contractors and Sub-Contractors and Their Sureties. Lessee shall secure from each Vendor directly employed by Lessee in connection with the acquisition, construction, installation, improvement or equipping of the Equipment listed in this Schedule, a payment and performance bond (“Surety Bond”) executed by a surety company authorized to do business in the State, having a financial strength rating by A.M. Best Company of “A-” or better, and otherwise satisfactory to Lessor and naming Lessor as a co- obligee in a sum equal to the entire amount to become payable under each Vendor Agreement. Each bond shall be conditioned on the completion of the work in accordance with the plans and specifications for the Equipment listed in this Schedule and upon payment of all claims of subcontractors and suppliers. Lessee shall cause the surety company to add Lessor as a co- obligee on each Surety Bond, and shall deliver a certified copy of each Surety Bond to Lessor promptly upon receipt thereof by Lessee. Any proceeds from a Surety Bond shall be applied in accordance with such Surety Bond to the payment and performance of the Vendor’s obligations in accordance with the related Vendor Agreement and, if for whatever reason such proceeds are not so applied, first to amounts due Lessor under this Schedule, and any remaining amounts shall be payable to Lessee. In the event of a material default of any Vendor under any Vendor Agreement in connection with the acquisition, construction, maintenance and/or servicing of the Equipment listed in this Schedule or in the event of a material breach of warranty with respect to any material workmanship or performance guaranty with respect to such Equipment, Lessee will promptly proceed to exhaust its remedies against the Vendor in default. Lessee shall advise Lessor of the steps it intends to take in connection with any such default. Any amounts received by Lessee in respect of damages, refunds, adjustments or otherwise in connection with the foregoing shall be paid to Lessor and applied against Lessee’s obligations under this Schedule. As a prerequisite to the performance by Lessor of any of its obligations under this Schedule, Lessee shall deliver to Lessor, in form and substance satisfactory to Les...
Acquisition Period. The Acquisition Period applicable to this Schedule shall end at the conclusion of the month following the date hereof.] Dated: November , 2016. Lessor: Branch Banking and Trust Company By: Title: Lessee: CITY OF LAKE WALES, FLORIDA By: Title: (Seal) Attest: By: Title: [Master Equipment Lease/Purchase Agreement Exhibit A between the City of Lake Wales, Florida and Branch Banking and Trust Company] Exhibit A-1 Rental Payment Schedule City of Lake Wales, Florida $89,529.00 Generators 9909001800-00001 DRAFT AMORTIZATION SCHEDULE-TO BE UPDATED TO REFLECT FUNDING DATE Compound Period: Monthly Nominal Annual Rate: 1.800 % CASH FLOW DATA Event Date Amount Number Period End Date 1 Loan 11/07/2016 89,529.00 1 2 Payment 12/07/2016 1,561.42 60 Monthly 11/07/2021 AMORTIZATION SCHEDULE - Normal Amortization, 360 Day Year Date Payment Interest Principal Balance Loan 11/07/2016 89,529.00 1 12/07/2016 1,561.42 134.29 1,427.13 88,101.87 2 01/07/2017 1,561.42 132.15 1,429.27 86,672.60 3 02/07/2017 1,561.42 130.01 1,431.41 85,241.19 4 03/07/2017 1,561.42 127.86 1,433.56 83,807.63 5 04/07/2017 1,561.42 125.71 1,435.71 82,371.92 6 05/07/2017 1,561.42 123.56 1,437.86 80,934.06 7 06/07/2017 1,561.42 121.40 1,440.02 79,494.04 8 07/07/2017 1,561.42 119.24 1,442.18 78,051.86 9 08/07/2017 1,561.42 117.08 1,444.34 76,607.52 10 09/07/2017 1,561.42 114.91 1,446.51 75,161.01 2017 Totals 15,614.20 1,246.21 14,367.99 11 10/07/2017 1,561.42 112.74 1,448.68 73,712.33 12 11/07/2017 1,561.42 110.57 1,450.85 72,261.48 13 12/07/2017 1,561.42 108.39 1,453.03 70,808.45 14 01/07/2018 1,561.42 106.21 1,455.21 69,353.24 15 02/07/2018 1,561.42 104.03 1,457.39 67,895.85 16 03/07/2018 1,561.42 101.84 1,459.58 66,436.27 17 04/07/2018 1,561.42 99.65 1,461.77 64,974.50 18 05/07/2018 1,561.42 97.46 1,463.96 63,510.54 19 06/07/2018 1,561.42 95.27 1,466.15 62,044.39 20 07/07/2018 1,561.42 93.07 1,468.35 60,576.04 21 08/07/2018 1,561.42 90.86 1,470.56 59,105.48 22 09/07/2018 1,561.42 88.66 1,472.76 57,632.72 2018 Totals 18,737.04 1,208.75 17,528.29 23 10/07/2018 1,561.42 86.45 1,474.97 56,157.75 24 11/07/2018 1,561.42 84.24 1,477.18 54,680.57 25 12/07/2018 1,561.42 82.02 1,479.40 53,201.17 26 01/07/2019 1,561.42 79.80 1,481.62 51,719.55 27 02/07/2019 1,561.42 77.58 1,483.84 50,235.71 28 03/07/2019 1,561.42 75.35 1,486.07 48,749.64 29 04/07/2019 1,561.42 73.12 1,488.30 47,261.34 30 05/07/2019 1,561.42 70.89 1,490.53 45,770.81 31 06/07/2019 1,561.42 68.66 1,492.76 44,278.05 32 07/07/2019 1,561.42 66.42 1,495.00 ...
Acquisition Period. Section 1.1 of the Original Agreement is hereby amended by adding the definition of "Acquisition Period" immediately prior to the definition of "Administrative Agent", to read as follows:
