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Home My WebLink About940392.tiff RESOLUTION RE: APPROVE FINANCE LEASE BETWEEN GE CAPITAL MODULAR SPACE AND HUMAN RESOURCES AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with a Finance Lease between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Weld County Department of Human Resources, and GE Capital Modular Space, with terms and conditions being as stated in said lease, and WHEREAS, after review, the Board deems it advisable to approve said lease, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Finance Lease between the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Weld County Department of Human Resources, and GE Capital Modular Space be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said lease. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 25th day of April, A.D. , 1994. {///�� V BOARD OF COUNTY COMMISSIONERS ATTEST: /A� G% WELD COUNTY, COLORADO Weld County Clerk to the Board 14gid (� �,, ,�/� . H. Webster, C airman BY: 1-� 1 ll1J(JC� Deputy C 'rk to the Board Dale : all, Proms Tem APPROVED AS TO FORM: �//f/ 7ge4. Baxter ./ County Attorney --------Constance L. Harbert arbara J. Kirkm yer 940392 dd. ." NkDC'"e)• /4C N itt \ CLERK TO THE BOARD P.O. BOX 758 GREELEY,COLORADO 80632 ) A , (303)3584000 EXT.4225 COLORADO AFFIDAVIT STATE OF COLORADO ) ss COUNTY OF WELD I, Donald D. Warden, Director of Finance and Administration, in and for the County of Weld, State of Colorado, do hereby certify that adequate 1994 appropriations and fund balance a iable in the HRD Fund/exist to fully fund this lease. (1t01 w Donald D. Warden, Director Finance and Administration SUBSCRIBED AND SWORN TO before me this 6 'day of , 19 ' ' . ¶N COMMISSION EXPIRES JUNE 8, 1994 / . ,,L,'J'ih-G!�-y"/ / Notary Public ! 910392 252 — DENVER Ann RENEWAL. LEASE '7 �`/� o Ir f7"(n U; cow Ihaveread and AGREEMENT NO. AGREEMENT NO. `q F 16439. �� _ ..theffeat and beds GE Capital Modular . nt.lfurther COMPREHENSIVE WAIVER �! army By initialing the ACCEPTS box,Lessee or its agent C Daily Rate$ N A a division of Transport Internnitile .e s946 ac pm� agrees to pay the daily rate specified.f date I ,,, , of ter and conditions out until the date in and to comply-with the terms and W herein,as well as any credit Accepts DiDecline RETURN EQUIPMENT TO: conditions per Section 5(e)on the.reverse side. termsiOted below: 4455 E. 74Lh,.Ave,.. SignatureLIABILITY WAIVER i Commerce'City', CO By initialing the ACCEPTS:box,Lessee or its agent L Daily Rate$ grk 80022-I485 CREDIT TERMS: agrees to pay the dally rate,specified for from the date V Security: $ out until the date.in and to comply with the terms and W n (303) 287-3341 1st Mo.Inv: $ conditions per Section 5(f ton the reverse side. I I Accepts beeline j Last Mo.Inv: $ FINANCE,LEASE Other. $ CREDIr APPROVALS 479-2335 . GE CAPITAL`MODULAR SPACE,a division of Transport International Pool,Inc.,a Pennsylvania corporation(hereinafter referred to as"Lessor") doe's hereby lease the equipment as specified below to: rhme`.i i OMR S ("Lessee")Customer No. Tel#3303./353-38OO Address P.O.0 BCC.I8®LS ' _ City Greeley State CO Zip 80632 Project.#(Name) P.O.# Lessee does hereby lease.said Equipmentfrom Lessor on thi`st day of Af/ril ,1994 for a Minimum Period of 36 "Rental Month(s)" . in accordance with the ternissrid-conditions of the lease agreement("Lease")set forth on the reverse side. Lessee may continue to lease the'Equipment designated herein after the expiration date pursuant to Section 4,reverse side.Written notice by Lessee is required 6O days prior to the return of the Equipment Lessee agrees to pa Lessor without demand_anajn advance on the first day of each month the Rental Charge(Sections 6(b)and 6(c))indicated for the Equipment as follows:$ NIA per day,$ 4A per week,$912'00 per'Rental Month' plus the per day charges for Comprehensive Waiver and Liability Waiver as indicated abqye. Additional Other Char s are: v Delivery$ N/A ,Installation$ ff ,Modification$ /NV A ,Dismantling$ N/A ,Return Delivery$ N/A ,Said Other Charges will be billed in advance with the initial Rental Charge.Applicable state and local sales and use taxes and other direct taxes(Section 2(a)reverse side)shall be due and payable to the Lessor by the Lessee when invoiced.All charges due hereunder shall be remitted to Lessor at 426 W.Lancaster Avenue,Devon,PA 19333-1510 unless otherwise indicated on Lessor's invoice. The Equipment will be located at: Address Greeley, CO County C0-123 City Greeley State C0 DT Code ZZ (Subject to Section 11 on reverse side) I.*1:36 1Lessee sha be liable for any damages to the Equipment and shall gay a minimum cleaning charge to be determined by Lessor for any unit not returned in a clean condition. Unit No. 181'3'' Serial No. C$s�Jrd 217'91 & Storage Only 0 Yes 4[5q 000.'@® L�No Insurance Valuation y Instructions .By the signature of Lessee: N/A (signature),a Purchase Option is included as part of this Agreement. Lessee agrees to give Lessor 60 days written notice prior to the exercise of the Purchase Option. Lessor will allow Lessee to purchase the Equipment at the expiration of the Minimum Period for $ 2 •€fA ' less 50%of the rental paid tor the Minimum Period as set out above.Such Minimum Period shall not exceed a 36 month term for purpose of application of rental paid against the Purchase Option Price. r .r No agent,employee or representative of Lessor has any authority for any representation or warranty concerning the Equipment leased pursuant to the Lease that is not specificall included herein.Lessee acknowledges that it is not,in leasing the Equipment,relying upon any warranty,promise,or representation not set forth in the Lease and assents to all the terms set forth ' therein unless otherwise set forth in addenda attached thereto.Lessor's obligations under the Lease shall not be subject to any additional provision inconsistent with the Lease that may be contained in Lessee's Purchase Order. IN WITNESS WHEREOF,the parties hereto/ have executed this Agreement subject to the terms and conditions herein set for,.on boottq/,sides of thhfis�Ag�reement. Signed by duly authorized agents thisX day of April ,19 94 //�/ }/, / /J(/ / t /.L,t r BYAlan Koenig Employee a 8873 By X OF (RA V. I✓� CO 412'If II/I . 4 '.GE CAPITAL MODULAR SPACE AUTHORIZED AGENT SIGNATURE OF LESSEE OR AUTHORIZED AGENT,. DELIVERY 12 L4_ COMPLEX OR 24 64 RETURN COMPLEX OR OVERALL UNIT SIZE x BUILDING SIZE x • OOVERALL UNIT SIZE x BUILDING SIZE x r Right Side Rear Ceiling Floor Right Side Rear Ceiling Floor ono II-II o•o I 1 I Left Side S Front Left Side Front o•o j II (Inside) o•o I Ill (Inside) • Equipment Quantity ✓ Description Equipment Quantity it Description 1/2 Bath 1/2 Bath Carpeting Carpeting ""D'esk Desk ' File Cabinets File Cabinets Drafting Table Drafting Table ' Plan Rack Plan Rack , Keys Keys Steps©$ I Steps,.©,$ . Stack Chairs©$ Stack Chairs©$ • Ramp @'$ Ramp©.$- • i INSPECTION REPORT-MARK CLEARLY'ALL'DAM-AGUE FOUND: "B"Bruised "C" Cut "H" Hole "0" Dent i Cycle (M,F�:A' AB 0 , Plan (WG1C) Remarks Special Instructions I Lease Commencement Mo. , Day , Year Inspected and All Damages and Deficiencies Noted Above. State Tax Code ZZ Damage Invoice to Follow: Yes No Date Out: - Code# Amount MO DAY YR GE CAPITAL MODULAR SPACE INSPECTOR Date In: I / t Accepted and Del.by I . MO DAY YR GE CAPITAL MODULAR SPACE INSPECTOR FREIGHT VENDOR Received from and SO Remarks Inspected by S SIGNATURE OF LESSEE OR AGENT AND COMPANY REPRESENTED Sit • Lease Termination Date / I Zt Lessee or his agent acknowledges receipt of Equipment listed above subject to Section 3(a)unless exceptions are noted. MO DAY YR . - be Lessee's Insurance Company 0 �/1 " 7 "' It?. ;to�((L--ii Cancellation Charges Subject to Sections 8(a)and 8(b) Yes No etf6d'- - Re By X ^ A Reason: ./a'e_. drldr: ed IA 055-1 ea(REV 7/93) CUSTOMER COPY 0 Recy C . .JDITI0NS OF LEASE AGREEME, - 1. This transaction is a lease and not a sale.The parties effect during the term of this Lease, a policy of Insurance the WLC for each year, or portion thereof, for the remaining understand and agree that Lessee does not acquire by payment satisfactory to Lessor as to the insurer and as to the form end Minimum Lease Period canceled. In no case wit these of rental as provided on the reverse side of this Lease any right, amount of coverage,with premiums prepaid,protecting Lessor temiination charges be in excess of the rental charge for the title, or interest in or to the Equipment except the right to against all loss and damages it may sustain or suffer due to(1) remainder of S&P. possessand use the Equipment so long as Lessee shall not be the loss of or damage to the Equipment because of collision, 8. Lessee shell have responsibility,at Lessee's sole cost,to in default in performance hereunder, fire, theft, lightning, flood, windstorm, explosion or any other obtain any and all licenses, titles, 2. In addition to the payment of rentals provided on the casualty,for the full replacement value of the Equipment,andpemte and any other reverse side of this Lease,Lessee agrees that: (2) certificates uloperation,as may osbe essi nil by law or cy of th for Lessee's ant 9 Ilia death of,Injury to,or damage to the property of,any other lawful possession or occupancy of the Equipment (a)Lessee shall pay Lessor for any and all sales and use person as a result,in whole or in part,of the use or condition of leased hereunder, Lessee agrees that ail certificates of title or taxes, other direct taxes arid registration fees imposed by the the Equipment while in the custody possession, or control of registration applicable to the Equipment leased hereunder shell U,S.Government,any state government,or any county,city,or Lessee with limits of five hundred thousand dollars($500,000) reflect Lessors ownership thereof. other taxing euthonty and allocated by Lessor on either an per occurrence as to bodily injury liability and five hundred 10. Lessor shall have the right to place upon each unit of individual or prorated basis for any unk(s)of Equipment based thousand dollars ($500,000) per occurrence as to property Equipment leased hereunder the name of the Lessor, and on purchase price, value, possession, use, skis. rentals, damage liability or a combined single limit of one million dollars Lessee agrees not to remove Lessor's name or permit any other delivery or operation thereof and excluding any federal or state ($1,000,000)per occurrence. A certificate of such insurance, person to do so. taxes relating to Income. Lessee's obligations as set forth herein naming Lessor as sole Additional Insured and Loss Payee,shall 11. Lessee shall not remove the Equipment from the location shall survive the termination of this Lease. be delivered to Lessor prior to delivery to Lessee of the (b) Lessee will pay all costs and expenses (including Equipment. It is agreed and understood that procurement of Lspecified by Lessee without so prior written any l approval from the attorney fees where recovery of same is not prohibited by law) insurance by Lessee as herein provided shall not affect Lessee's thereof and shall nobly de Lessor and hold diLess of any levy or m and incurred by'Lessor in enforcing any of the terms, provisions, covenants, obligations, and indemnities under this Lease,and against a and sons indemnify Lessor harmless from had covenants and Indemnities of this Lease. the loss,damage to,or destruction of any of the Equipment shall ethe right g loss or damage resetting therefrom.time Lessor shall g have to inspect the Equipment from time to time during 3. Lessee agrees,at Lessee's sole cost and expense,to keep not terminate this Lease nor,except to the extent that Lessor is the term of this Lease and if,Lessor believes the same to be the Equipment at all times during the term of this Lease in good actually compensated by insurance paid for by Lessee,relieve overloaded beyond normal capacity or misused, abused or repair end operating condition end free of any and all Ifena and Lessee of any of Lessee's liability hereunder. encumbrances and to replace with new parts any and all badly (d)It is further understood and agreed that,in addition to neEqglected, upon fier days summarily remove and repossess the worn or broken parts, and Lessee further agrees that upon comprehensive bodily g 12 In the t upon five olor written n required to Lessee. 9 po P injury and property damage specified in 12. In event any act or obligation of Lessee termination of this Lease upon expiration or otherwise. Lessee Section 5(e).Lessee agrees to provide comprehensive general hereunder shall not be performed in the manner and at the time will return the Equipment to Lessor at Lessor's designated liability insurance including coverage for the indemnities or times required by this Lease, Lessee shall thereby be and address, at Lessee's sole cost and expense, in the same contained herein. condition and state of repair as delivered to Lessee hereunder, a If Lessee accepts the Co become In default under this Lease,thereby vesting in Lessor ( ) p 'Comprehensive Waiver' by the right,upon five(5)days prior written notice td Lessee: ordinary wear and tear excepted. initialing the upper right corner of the reverse side of this Lease Notwithstanding the receipt of the Equipment at the and pays the additional fee specified therein,then Lessor agrees forthwith, declare unpaid lease rentals to be due and payable Lessors location as indicated under'Date in"on the reverse to relieve Lessee of all liability exceeding $500 per unit of side of this Leese, Equipment returned with accessories. Equipment for toss or damage specified in Section 5(a)except (b) ito retake any further u retain the Equipment one of all rights e attachments or other missing items,Equipment requiring repairs that Lessee shall not be relieved of liability if Lessee violates any Lasses wLessrt uabflity or obligation ltoe sing redeliver the of any kind or requiring restoration to original specifications and other provisions of this Lease. No collision coverage shall be same Lessee'st Lessee and without t any extent, rmniti sg Provided Equipment condition due to alterations or modifications provided for under the Comprehensivefrom eer,in covenants,not limited to and indemnities previde Waiver.a hereunder,t including e but limited n,Lessee's obligation for the performed by Lessee shalt remain leased hereunder until said (�If Lessee accepts the"Liability Waiver'by initialing the payment of the rental provided herein,and replacements, repairs or restorations have been made by upper right corner of the reverse side of this Lease and pays the Lessee in a manner acceptable to Lessor.In the event Lessee additional tee specified therein, then Lessor agrees to limit (c))n addition ke to the remedies set forth in or In Sections t. elects not to make the required replacements, repairs or Lessee's obligation up to a maximum combined amount of and 1 n t a any other or actions permitted at law s In of restoration requiring that Lessor undertake Lessee's obligations, $154.000 per occurrence for death, bodily injury or property In the event Lessor shell retake possession time the then Lessor shall determine the amount due for replacements, damage specified suchEqui am or any part upon or and there shall,at the of repairs,or restoration to be made and the Equipment will remain g in Section 5(b)subject to a$5,000 deductible such retaking, be in, or attached to such repossessed per claim except that Lessee shall not be relieved of liability if Equipment other property, leased hereunder without abatement of rental until the dale that Lessee violates any other provision of this Lease. Lessee any p p rtY,goods roro things Lessee, Lessor s the invoiced amount due Is paid by Lessee. agrees to indemnify Lessor and hold Lessor hamless frore and he Lessee or in the fake custody or control sf hthe is (a) Lessee has inspected the Equipment and determined against all loss and damages Lessor may sustain or suffer In hereby authorized d value fe a hold thou of sf r ether property, that it is acceptable to Lessee.Lessor has not made.and Shall excess of the limitation stated in this Section 5(1). The Liability goods Lesso or things of o and hold the same for Lessee either in not be bound by, any statements, agreements, or Waiver Provision set forth in this Section 5 Lessor's discretion, possession oa, in the h exercise 1 Lessor's thsole representations regarding the Equipment not (Q s not only to expense of in ssefic addition, , the account n and at the sole p g 9specifically set out Equipment leased by Lessor to Lessee and does extend to expense Lessee, In eddidon,Lessee shall indemnify and hold herein,unless the same are reduced to wnting end signed by any appurtenance or attachments,including steps. Lessor. (g) The coverage proper harmless from and any persons to Lessee's g provided under the Liability and property or the property of any other persons suffered or (b)It this Lease is for custom Equipment that is ordered in Comprehensive Waivers set forth in Sections 5(e)and 5(1)do sustained during repossession accordance with Lessee's speciications and is not from Lessors not extend to the transportation of Equipment nor its contents ltae of the Equipment by the Lessor. current inventory,the commencement date of this Lease shall and only extends to Equipment installed on ground level. Any 1a. Lessee the hEll not Equipment and e or permit llnot,any unlawful es use or be the date on which the Equipment is Instated and ready for such Waiver may be canceled by either ahandling of maeor shall without Lessor's prior occupancy by Lessee. If the installation is delayed party upon 10 days yer prior improvements n consent, make or permit ipe anyremove changes, alterations y y by any act or written notice. In the event that either or both Waivers we omission of Lessee, rental payments shall commence five(5) canceled as set forth above,Lessee shall provide to Lessor a accessories,in or attachments.hentsnt or remove therefrom any days after Lessee is notified of the completion of the Equipment. policy 01 insurance as set forth in Section 5(c)within 10 days of parts,Thetore r transportation (c)Lessor's delivery of the Equipment Is subject to delays Lessor's written notice. storage or of any hazardous substances in manufacturing, delivery or installation due to fire, flood, (h)The Waivers set forth in Sections 5(e)and 5(f)herein in the Equipment is not permitted and te effects of such windstorm, riot,civil disobedience,strike,acts of God,or any shall not be binding upon Lessor unless any loss,damage,injury substances on the the Equip shall t not be considered ed ordinary circumstances beyond Lessors control which prevent the or claim is reported to Lessor in writing within forty-eight (48) wear and tee any if Equipment substances, is determined eed to have been manufacture of products or the making of deliveries in the hours of the occurrence of any such even!. Lessee shall also used t s the uiph ent atahees.the Lessee will be requiredof normal course of business.it is further understood and agreed provide any Information in regard to such event that Lessor to purchase Equipment at the current published sale price of that Lessee wilt have no claim against Lessor for liquidated reasonably requests. LESSEE AGREES AND the Equipment. damages or'any'olher money damages as a result of Lessee's ACKNOWLEDGES THAT THE WAIVERS PROVIDED UNDER laws,Lessee agrees tos r orders r with, y federal,e and execute rlocalail obligations to perform any contract which Lessee may have SECTIONS 5(e)AND 5(f)ARE NOT INSURANCE COVERAGE rules,m regulations laws vi any waste,state, a entered into in respect of the Equipment to be provided under BUT, RATHER, ARE PART OF LESSOR'S INSURANCE government (I and other governing ks which hazardous this Lease. WAfVER PROGRAM, substances other environmental risks) which in any way (d)Lessee shall provide free and clear access for delivery (i)Lessor shall not be liable for any loss or damage to any affect or are applicable to any of the Equipment or to the use, and return of the Equipment by standard mobile transport property stored,loaded or transported In or upon any Equipmet hohold Lessor es, harmless t or m and thereof,and to indemnify and vehicles. Lessee shalt provide firm and level ground on no more and Lessee does hereby expressly waive any and all claims and forfeitures, f res,patom and against any and all (from than a six-inch slope from one end to the other for safe and demands for any such loss or damage,including,but not limited any violation seizures,penalties and u e, regulation that may order r3e from unobstructed installation for the Equipment. Site selection is the to. loss of profits or other alleged consequential damages Les pl any such ragents law. rule, fromor b sole responsibility of Lessee, and Lessor shall have no against Lessor,and Lessee does further agree to indemnify and posses its. operation or io that may result the use, responsibility for nor liability for any inadequacy of any site or the hold Lessor harmless from and against any and all such claims Lesseesu further agr es to ndemni y of any of the r harness set-up of the Equipment where the site selected by Lessee or and demands. Lessee agrees to indemnity and hold lessor harmless environment involves abnormal conditions. from and against any and all claims,liens,demands or liability (j) Lessee agrees to use any Equipment designated for whatsoever arising from any work done on or any materials 4. Lessor may at any time following the expiration of the 'storage only' on the reverse side of this Lease solely for supplied in connection with the operation, maintenance, Minimum Lease Period, upon live (5) days prior notice to storage of product, Lessee, request Lessee to return all the Equipment to the 6. All rentals and other charges f ereunder shall be billed to possession or storage of any of the Equipment from any loss of location designated by Lessor or change any of the rates for the Lessee every Rental Month (as defined below) in advance, or damage i the Equipment,li and from end expenses,s all des, Equipment leased hereunder. beginning with the commencement date of the Lease for each damage, claims, penalties, liability and including (a)If Lessee,without any further written agreement,shall unit. attorneys fees incurred loading,because of the storage, maintenance, continue to possess or occupy the Equipment after the (a)Rentals and charges not received by the Lessor within use,u handling,repair, unloading or operation or attested expiration of the Minimum Lease Period or any renewal term thirty(30)days oI the invoice date shall accrue Interest at the 15. Lessee shell of any of the nt hold omenL thereof,with or without the consent of Lessor,Lessee shall then maximum rate 1 g. lessee indemnify and and horn harmless from and be deemed to have renewed this Lease on a month-to-month (b)The term 'Rental Day" edefined as a calendar day or against r any loss,account cost any expenses horn or liability er to ing basis subject to Lessee's current monthly published lease rate(s) any portion thereof, person on of damage to person or property arising then in effect. (c)The term'Ramat Month'is defined as a four(4)week out of any failure of Lessee to comply in any respect with and (b)If Lessor terminates this Lease,such termination shall period of twenty-eight(28)rental days. 16.perform any of the requirements and provisions of this Lease. become effective only when Lessee returns all Equipment to the 7. When the term of Lease exceeds eleven months, ublete right to ,rent,or therwise hire out or transsferrgpossession of,oany location designated by Lessor and pays Lessor all unpaid rents notwithstanding the Minimum Lease Period, the rental charge of the Equipment to any person,firm,partnership,association, and charges allocable to the returned Equipment which have shall be subject to adjustment, based upon the All Items or corporation other than Lessor, without the prior written accrued as of the date the Equipment is retumed. Consumer Price Index{CPI)for the United States United States (c) NO WARRANTY FOR MERCHANTABILITY AND Bureau of Labor Statistics, 1967 base period)(calculated as consent s Lessor FITNESS: Lessee agrees that Lessor makes no warranties, follows: For each change of one(1)index serene shall have the right to t this Lease and the expressed or implied and all warranties of any kind,including rental rate shall be adjusted point in me CPI,nts rentals reserved Lessor,the In g the e shall of n assignment of any expressed or implied warranty of merchantability or fitness shall take effect at the end of the osixth r of 5month following%. Any adjustments this Lease s b r assignee or acquire under t is Le and for purpose,are hereby excluded both as to the Equipment and commencement date of this Lease and viii be further adjested remeLe s eesagreed heaila ui m Lessor ehereunder e de will as to any maintenance or repair work perforated by Lessor on each six(6)months thereafter. Said adjustment will be basedlessee agrees that the Equipment leased its the Equipment. on the most recent CPI Indices availablenot m to occupied in by any person other than Lessee or its agents, 5. Lessee hereby agrees to indemnify and hold Lessor each rental charge. prior to Invoicing of employees or invitees. harmless from and against all loss and damages Lessor may 8. Lessee may terminate this Lease 17. This instrument contains the entire agreement between the sustain or suffer because of: prior to the expiration of parties pertaining to the subject matter hereof. No agreements, the Minimum Lease Period,subject to all terms and conditions of representation, or understandings not g ed (a)the loss of or damage to the Equipment because of any this Lease,with the following termination charges: y spetieicalhi to unless collision,fire,lightning or theft,flood,windstorm or explosion,or (a) If the Equipment provided under this Lease was new herein shall be binding upon any of the parties hereto unless other casualty while in the custody, possession, or control of and the Lessee is the first user,Lessee must pay the remaining reduced 10 writing s. signed by the parties to be bound Lessee,and thereby. The !Lets, covenants, and conditions and other unpaid rental charges for the Minimum Lease Period; provisions of this Lease may hereafter be changed,amended,or (b)the death of,injury to,or damage to the properly of,any (h)If the Equipment was not new.then Lessee's payments other person as a result of, in whole or in part, the use or shall be as follows: if the Minimum Lease Period(ML.P)is less odoiso and signed ed only by an lby the parties to be bounnstrument In writing d�ther by or Any condition of the Equipment while in the custody,possession,or then three months,Lessee must pay 4 times the Weekly Lease amendment,modification or addendum to this Lease shall not control of Lessee,and Charge (WLC); if the MLP is between three months and six(c) the failure of Lessee to maintain the Equipment as months, Lessee mustbe binding on Lessor unless signed by an authorized officer of pay a rees the WLC: if 2e MLP is Lessor. _ agreed and provided herein. Lessee further agrees,at Lessee's between 6 months arid one year,Lessee must pay 12 times the sole cost and�em 1,a,.*o proclrre and keep in full force and WLC;if the MLP exceeds one year,Lessee must pay 14 times Hello