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SUNTRUST LEASTNG CORPORATI'ON <br />LEASE PURCHASE FZNANCZNG PROPOSAL <br />PAGE 3 OF 3 <br /> acceptance is not received by November 8, <br /> 2002, or funding does not take place by <br /> December 30, 2002, the Lease Rate and Lease <br /> Payment Amounts will be adjusted to market <br /> conditions three (3) days prior to funding. Once <br /> set, the Lease Rate will remain fixed for the Lease <br /> Term. <br /> <br />FTNANCTAL STATEMENTS: <br /> <br />Lessee shall provide to Lessor three (3) years of <br />current financial statements, budgets, <br />demographics, and proof of appropriation for the <br />ensuing Fiscal Year and such other financial <br />information relating to the ability of Lessee to <br />continue this Agreement as may be reasonably <br />requested by Lessor. <br /> <br />This proposal is subject to final credit approval by <br />the Credit/Investment Committee of SunTrust <br />Bank and approval of the lease documents in <br />SunTrust Leasing Corporation's sole discretion. <br />To render a credit decision, Lessee shall provide <br />SLC with the information requested above. Upon <br />receipt of the signed proposal, we will endeavor <br />to provide you with a timely commitment. <br /> <br />It is a pleasure to offer this proposal to you and we look forward to your favorable <br />acknowledgment. <br /> <br />Sincerely, <br /> <br />Lance $. 91olman <br />Lance S. Holman <br />Vice President <br /> <br />AGREED TO AND ACCEPTED BY: <br />Name: <br /> <br />Title: <br /> <br />Date: <br /> <br />Resolution No. 2003-013 <br />Page 6 of 6 <br /> <br /> <br />