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MOTOROLA CREDIT CORPORATION AND MOTOROLA SOLUTIONS (2)
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MOTOROLA CREDIT CORPORATION AND MOTOROLA SOLUTIONS (2)
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Last modified
5/12/2015 5:34:28 PM
Creation date
5/12/2015 5:06:44 PM
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Contracts
Company Name
MOTOROLA CREDIT CORPORATION AND MOTOROLA SOLUTIONS
Contract #
A-2015-083
Agency
POLICE
Council Approval Date
5/5/2015
Destruction Year
0
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U: SAPJD / ISCA Cl) <br />CITE"iWAIa rL? <br />My 12 2015 <br />LESSEE: <br />CITY OF SANTA ANA <br />20 Civic Center Plaza <br />Santa. Ana CA 92701 <br />EQUIPMENT LEASE - PURCHASE AGREEMENT <br />5� <br />Lease Number: 23717 <br />LESSOR: <br />Motorola Solutions, Inc. <br />t303 E. Algonquin Rd. <br />Schaumburg, IL 64196 <br />MEN= <br />Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor, the equipment and/or software <br />described in any Schedule A attached hereto (" Equipment") in accordance with the following terms and conditions <br />of this Equipment Lease - Purchase Agreement ( "Lease "). <br />1. TERM. This Lease will become effective upon the execution hereof by Lessor. The Term of this <br />Lease will commence on date specified in Schedule A attached hereto and unless terminated according to terms <br />hereof or the purchase option, provided in Section 18, is exercised this Lease will continue until the Expiration Date <br />set forth in Schedule B attached hereto ( "Lease Term "). <br />2. RENT. Lessee agrees to pay to Lessor or its assignee the Lease Payn ents (herein so called), <br />including the Interest portion, in the amounts specified in Schedule B. The Lease Payments will be payable without <br />notice or demand at the office of the Lessor (or such other place as Lessor or its assignee may from time to time <br />designate in writing), and will commence on the first Lease Payment Date as set forth in Schedule B and thereafter <br />on each of the Lease Payment Dates set forth in Schedule B. Any payments received later than ten (10) days from <br />the due date will bear interest at the highest lawful rate from the due date, Except as specifically provided in <br />Section 5 hereof, the Lease Payments will be absolute and unconditional in all events and will not be subject to any <br />set-off, defense, counterclaim, or recoupment for any reason whatsoever, Lessee reasonably believes that funds <br />can be obtained sufficient to make all Lease Payments during the Lease Term and hereby covenants that it will do <br />all things lawfully within its power to obtain, maintain and properly request and pursue funds from which the Lease <br />Payments may be made, including making provisions for such payments to the extent necessary in each budget <br />submitted for the purpose of obtaining funding, using its bona fide best efforts to have such portion of the budget <br />approved and exhausting all available administrative reviews and appeals in the event such portion of the budget is <br />riot approved. It is Lessee's intent to make Lease Payments for the full Lease Term if funds are legally available <br />therefor and in that regard Lessee represents that the Equipment will be used for one or more authorized <br />governmental or proprietary functions essential to its proper, efficient and economic operation. <br />3. DELIVERY AND ACCEPTANCE. Lessor will cause the Equipment to be delivered to Lessee at the <br />location specified in Schedule A ("Equipment Location "). Lessee will accept the Equipment as soon as it has been <br />delivered and is operational. Lessee will evidence its acceptance of the Equipment by executing and delivering to <br />Lessor a Delivery and Acceptance Certificate in the form provided by Lessor. <br />Even if Lessee has not executed and delivered to Lessor a Delivery and Acceptance Certificate, if Lessor believes <br />the Equipment has been delivered and is operational, Lessor may require Lessee to notify Lessor in writing (within <br />five (5) days of Lessee's receipt of Lessor's request) whether or not Losses dooms the Equipment (i) to have been <br />delivered and (it) to be operational, and hence be accepted by Lessee. If Lessee fails to so respond in such five (5) <br />day period, Lessee will be deemed to have accepted the Equipment and be deemed to have acknowledged that the <br />Equipment was delivered and is operational as if Lessee had in fact executed and delivered to Lessor a Delivery <br />and Acceptance Certificate, <br />4, REPRESENTATIONS AND WARRANTIES. Lessor acknowledges that the Equipment leased <br />hereunder is being manufactured and Installed by Motorola Solutions, Inc. pursuant to contract (the "Contract ") <br />covering the Equipment. Lessee acknowledges that on or prior to the date of acceptance of the Equipment, Lessor <br />intends to sell and assign Lessor's right, title and interest in and to this Agreement and the Equipment to an <br />assignee ( "Assignee "). LESSEE FURTHER ACKNOWLEDGES THAT EXCEPT AS EXPRESSLY SET FORTH IN <br />THE CONTRACT, LESSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES OF ANY NATURE OR KIND <br />WHATSOEVER, AND AS BETWEEN LESSEE AND THE ASSIGNEE, THE PROPERTY SHALL BE ACCEPTED <br />ELPAshorL i'II.OL13 <br />
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