HomeMy WebLinkAbout2740 ~ _ _
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CpNDiTI~JN~ OF-SALB . ~
• is b •~<<:;
~ . Aa to. eech aud..every obligation oi the Bnyer herein tinae' is' o! t~e easenca Tttle to equiPnient pu.chae~d
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ment ehall remain in Seller nntil a11 amounta due herennder sbs?11 hav~e beea p~aid in iull. ,If Bu,~-,.
~ er defaults in the p~yment of any aum dae bereunder or in the pertormance of~y oi the terma and conditiona
hereof, or ii ape
titian in bankruptcy, ineolvency, diasolution or receiy~ is iiled by or against Buyer, or i! i
~ ~ Buyer makea a=t asai~nm ent ~or the beneiit of creditora or becomea inaolvea~ or ceases tfl do businea~ as a going ,
ooncern. or if Seller deea~a itseli inse~nre. 3eller, without notice to Buyer may declare the wbole amount unpaid ~~.r
gereunder to be immediately due and payabla and may collect the $ame ~y suit.or otberwise; or. witbout ~lotioe
or demand, by process of .law or otherwise, retake poesession of the eqnipment and aell the same at public or
private sale~ without notice to Buyer, at w~tich sale Seller may bid,.and upply the proceeds o~ auch aale, after de-
dnct~ng all ehargea of repossession and such sale, including reasonable attorne~s ieea to the amount wnpatd
hereuiider. and any aurplus shall be paid to ~and any deficiency ahall be.paid.by uyer; and Bnyefi agrees to p~ay
r.. reasonable attorney'a fees and court coats incurred by ~Seller in the reQo+very oi such deficiency: .
Upon delivery of equipment to Buyer, Buyer ahall assurae a11 r~al~.o~~Iasa or damage to'the pmperty and shall
~ P~ pmvide fiue. and extended coverage insurance t2?ereon for SeIIe~'e benefit in an amount euf~cient to protect Se11er'e
r• interest therein. Buyer shall not reraove equipmen~ from the premises, oar ~ha11 not tranafer Any intc~eat therein .
F~ ~ or in thia-~greement, without the_written_ consent of Seller. The equipment shall remain peraonal property. regard
less oi the manner.or degree of its snnexation to any bu~ding or struc . ~ _
Buye~ sha11 p~,Y(•aU licens~rg or- re~istrat~ee~• fQr•_#~e eq~~iment and k .theasme free bl~ le~iies, Hens or
~y eacvmbrances.~Buyer ahall ftle~aU required repo and~p~y~lt~ob' ,
on Seller or its assignees with respect to the equipment or. the _tsansac~ions erein eontemplated, and/or taxes
~ in lieu thereol. as well as such $ales. use. grosa receiPte or other like tases which may now or hereaftPr be appli-
cable to the transaction herein contemplated (including ~y' asaignment of thia Agreement) and that might be
assesaed against the equipment, Seller or its asaignees. . , . ~
' This Agreement may be assigned ~ by 3eUer, and if ~ eo ssaigned, the asa ee sball be entitled to exercise aIl
of the rights and powers of Seller hereunder, but shall not be chsrgeable wi~any o! the obligationa.or liabilities.. ~
~ of-8eller- hereunder. Bnyer agrees and reFreaents that~it will not assert any claim oi defenae which Bnyer may
kt liave against Seller in any action by or against such asaignee. ~
This Agreement eonstitutes the entire agreement betweea the partiea, ~ci no amendment or modification
~ Lereof shall be valid unless in writing and aigned by the parties. The grant of aa~ ezteneions or indulgentea to Buyer,
or failure ~ by 3eller to enforce any term hereo
f, a
h a
U n o
t b e deem
e d a w
a
iver o! snc
h t
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r
m or o! aay o! ~ S e
ll
e
r's
righte hereunder. Any provision hereof which prohibited by the appllcabl~eg~-~L-~~hall, as to auch state, '
k" be inefiect~ve to the extent of such prolu'bition only, without invalid~i?n ~ ona hereof or any: `
right in lieu oi such ineffective provi aions which ` 3eller may have under ~he Lw o'~ ~ such atate. _
I! thia Agreement is executed- by two or more Buyers; Buyera` agree ~ thst th :Pmviaiona of thia .Ag~ementi `
:__incluc~ing .their.obligationa Lereunder,:•Ahall-be_.appllcable~.to theiri jointly aad~aUy,-._ _._,._._.___....:._-...,_,,.,d,.,.: :
~ - . GUARANTY -
~ In oonsideration oi the aoaeptance by WF.3TINGHOU3E CREDIT CORPOxATION oi t,he~~vithin Agreemeut.
i o~ the assignment thereof by 3eller. aa the case may be, aad ~or other good stnd vatuable conaiderations, the nnder- ~
F signed guarantora, jointdy and aeverally. gaarantee to Westinghouee Credit Corporation, the full, prompt perfora~- ~
: ance and diecharge ot aU oblig?ations of the Bnyer under said Agreemen~ Gusraators' liability bereunder shall be ;
~ " prImary and Weatinghouae Gredit Corporation shall not be required to proceed or take any acHon, legal or othervvise,=
E i agaiiiat Buyer prior to enforcing the praviaiona of this guarant~?. All notices of every kind to which Guarantora
might be entitled bg law or otherwise are hereby waived. Weshnghouse G~edit Corporation may 8?rant any eaten-.
~ siona or indulgences or make any compromisea or settlementa with Buyer without affecting Guarantor'a liability
~ hereunder. , . •
5 ~ ~ i~T. 3L? CHINSR? QOI~!lPAtdt
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f For tirat aiz-month period ot ~ ~
~ contract onl~. -
~ , o e o , cs s ent ~
- ~ • , . _ . , . . , _ N•R .
~ . . : ~ ~IGNIrI$NT BY D$ALBR _ i : . - ~ : . . _ ' - ' - . ~ . :
t ~ av w~~u~raxovss c~xnrr oo~cpo~?~orr.
~ rox vni.us ~r~ m. ,.a.~eo.a ao.. e.~.~s .ea ~,:~e.~ nn ~a.:~... v.o.s.~: a...s~...~e e.~...e m...a..is..a
r wFarn~axot~ss c~es~rr oox~oztwTtorr ei.. -i~. o'~~LiL.ir ew .sa ..a w.a,~w a.a~ u a. w~w a....~~.a .od .sr..
~os...e te ..a e. ~..wa. ema.a .xe~a ~s, ew~.a au. :y .oa .~eeo~,. .o.e~. .r. ..a. . w*c es ns«e.~.~. .es ova. .ti+a w..u*~he... onaa
: ~fd VW~fe~lo~ (~dit Ooeyo~atlo~ b do ~e! aod tWo~ a~o~sit~ b oollat OueDOntioe ~rtia~ ~ fif~ oordr. 1qltAee tl~ r~OO~erioa ot tl~ wlfa-
E ~ed ~rp tLs ~tw. Und~ni~d w~~ tb~ rrfd eontnet oo~ from tL~ . Ia Ae~albea v~oDaetf lro~ tl» BwK for w esu~s. ser laqsro b!0~ oe
~ ~L a[ fh~ wtthis d~ib~d i~ th~ oolp oootnet !or da~aib~d tecanit t~b coouret wfea L~ ls~ ~ltll rHr~w t~ a~denis~sd ~e~ tlw
' b~eia ~ad is ~+ado~ ~od ~d~ tl~at tM ~ood~ war~ ddiwe~ ~od ~owpt~d: obiisstloo~ Lerd~ ~seeaost Ostv~em ri~sd ~Ie~tios~oor ~ltrdlt
R ~ ~t th~ do~a pa~m~nt was m~d~ is a+~~6 ~nd mt ib qlit~lot aolr ottwwir r? . Cndit cornoeatior ~LaO sot D~ roav4~ed b P*~
y tA~t nop~t tb...o~ w.s lo.e.a dinetls as~I~ b~ tlr podw~prd y" ..e ~~~Bcv.r a~ ooamUo. ~arord~ tL~ oDUtstlo+.. et tmaenlsuea ~4 aoa
b- tL~ w3fLis a~n~ Hul~r th~! titls b tlr ~foawW p~op~el~ L wMd is tb~ a~dri~ Ie w1d ~see~a~n •
•i~-d 4w ~sd efMr d ill lisr~ ~od ~oaamlrtuioM w6~bowre ~wapt ttr withie "
Ioa.ss~t' th~t tL~ w~s el 1~t at t~ tLwt ot th~ ~aontian o[ tlw a3d -
~ ~ ~ tl~st t6~ m~ioi~o~d Lr t6~ l t b rsl~n rfd aooteae~ ~od tLat t6w~ .
i now ow~ thwras fi~ ~moast rr Mt mn+ia.
~ ; ~ October 21 . . ~ 61~ , ~ . K. 3LZ I~ INSx2 C ANZ ~
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t~ f:~~~ ~'~Y ~ ~ . . . ~ . 10~'~~~340 . ~
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