Common use of Special Purchase Option Clause in Contracts

Special Purchase Option. The Early Termination Date referenced in Section 19(a) of the Lease is that date which is sixty (60) months after the Base Lease Commencement Date. The Early Termination amount referenced in Section 19(a) of the Lease is $107,432.75. DATE OF EXECUTION: September ___, 2002 BANC OF AMERICA LEASING & CARAUSTAR INDUSTRIAL AND XXXXXXXX XXXXXXX, XXX PRODUCTS GROUP, INC. Lessor Co-Lessee By: /s/ Michael T. Spiva By: /s/ H. Lee Thrash, III ---------------------------- ---------------------------------------- 2031 Carolina Place Fort Mill, Soutx Xxxxxxxx 00000 Xxxxxxxxx: 000-000-0000 State of Incorporation: Xxxxxxxx Federal Employer Identification No.: 58-2260608 Organizational No.: 2244000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF EQUIPMENT Lessee: CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS GROUP, INC. Approved by _______________________________ Page No. 1 of 1 total pages (Lessee to initial each page) Attached to Equipment Schedule No. 4 Equipment located at: _______________________________ Street No. _______________________________ City County State ZIP Code LONG ASSET DESCRIPTION LOCATION MANUFACTURER MODEL SERIAL FAIR MARKET NO. NO. VALUE IN-PLACE ------------------------------------------------------------------------------------------------------------- BERLIN CORE CUTTING & CAPPING Lufkin Tube Berlin Foundry & CS-1322 373,000 MACHINE Machine Co. MANUAL CORE SAW BERLIN & DUST Lufkin Tube Berlin Foundry & 30,000 COLLECTION Machine Co. AIR COMPRESSOR PSI Lufkin Tube Gardner Denver EBH99D13 S065539 24,000 TOTAL $427,000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF STIPULATED LOSS VALUES INCORPORATED IN AND MADE A PART OF EQUIPMENT SCHEDULE NO. 4 BETWEEN BANC OF AMERICA LEASING & CAPITAL, LLC ("LESSOR") AND CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS GROUP, INC. ("LESSEE").

Appears in 1 contract

Samples: Master Lease Agreement (Caraustar Industries Inc)

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Special Purchase Option. The Early Termination Date referenced in Section 19(a) of the Lease is that date which is sixty (60) months after the Base Lease Commencement Date. The Early Termination amount referenced in Section 19(a) of the Lease is $107,432.75786,749.94. DATE OF EXECUTION: September ___, 2002 BANC OF AMERICA LEASING & CARAUSTAR INDUSTRIAL AND XXXXXXXX XXXXXXX, XXX PRODUCTS MILL GROUP, INC. Lessor CAPITAL, LLC Co-Lessee Lessor By: /s/ Michael T. Spiva By: /s/ H. Lee Thrash, III ---------------------------- ---------------------------------------- 2031 Carolina Place Fort Mill3100 Joe Jerkins Boulevard Austell, Soutx Xxxxxxxx Xxxxxxx 00000 XxxxxxxxxFacsimile: 000770-000732-0000 3401 State of Incorporation: Xxxxxxxx Xxxx Federal Employer Identification No.: 58-2260608 Organizational No.: 2244000 0594000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF EQUIPMENT Lessee: CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS MILL GROUP, INC. Approved by _______________________________ Page No. 1 of 1 total pages (Lessee to initial each page) Attached to Equipment Schedule No. 4 3 Equipment located at: _______________________________ Street No. _______________________________ City County State ZIP Code LONG ASSET DESCRIPTION LOCATION MANUFACTURER MODEL NO. SERIAL NO. FAIR MARKET NO. NO. VALUE IN123 PARTITION ASSEMBLE Flemington Partition Milwaukee 123-PLACE ------------------------------------------------------------------------------------------------------------- BERLIN CORE CUTTING & CAPPING Lufkin Tube Berlin Foundry & CS-1322 373,000 MACHINE Machine Co. MANUAL CORE SAW BERLIN & DUST Lufkin Tube Berlin Foundry & 30,000 COLLECTION Machine Co. 40 022701 139,000 HIGH SPEED STRIPPER Flemington Partition 69,000 HUNT CORR ASSEM #D-122 Flemington Partition 50,000 HUNT CARDBD ASSEM Flemington Partition 45,000 HUNT CDBD ASSEM #2841057 Flemington Partition 45,000 HUNT CDBD ASSEM F-130 Flemington Partition 45,000 HUNT CDBD ASSEM F-142 Flemington Partition 45,000 HUNT CDBD ASSEM F-146 Flemington Partition 45,000 SIGNODE STRAPPERS Flemington Partition Signode SP714B 28,000 AIR COMPRESSOR PSI Lufkin Tube Gardner Denver EBH99D13 S065539 24,000 Flemington Partition 23,000 PETERS HS CUTTER Flemington Partition Peters 19,000 PETERX XX XUTTER Flemington Partition Peters 19,000 SEYBOXX XXXRCUTTER #2132 Flemington Partition 7,000 20" SLOTTER #20-505 Flemington Partition 3,000 20" SLOTTER #20-523 Flemington Partition 3,000 USED STRIPPER Flemington Partition 3,000 PETER HS Flemington Partition Peters 2,000 Q STXXX - MACHINE COSTS Litchfield Partition 705,000 DIE CUTTER #4 Litchfield Partition 452,000 #3 DIE CUTTER Litchfield Partition 342,000 #2 DIECUTTER Litchfield Partition 260,000 DIE CUTTER Litchfield Partition 244,000 ROLL UNWIND STAND Litchfield Partition 91,000 HIGH SPEED STRIPPER Litchfield Partition 69,000 91 TWO OUT Litchfield Partition 51,000 HUNT CDBD ASSEM F-152 Litchfield Partition 45,000 QSTACK GLUE GUN Litchfield Partition 22,000 QSTACK FRICTION EDGE Litchfield Partition 17,000 ROLL STAND #3 STRIPPER Litchfield Partition 15,000 NEW AIR COMPRESSOR Litchfield Partition 14,000 STRETCH WRAPPER Litchfield Partition 10,000 GANDRIA AUTOMATIC Covington Partition ABC Gandria 130 32.058 174,000 BOARD CUTTING LINE SIGNODE SURETYER Covington Partition Signode SureTyer 575 14,000 LANTECH STRECH WRAPPER Covington Partition Lantech Q-300 QM005788 7,000 INTERNATIONAL BALE Covington Partition Int'l Baler Corp. 5,000 CORP BALER TOTAL $427,000 3,127,000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF STIPULATED LOSS VALUES INCORPORATED IN AND MADE A PART OF EQUIPMENT SCHEDULE NO. 4 3 BETWEEN BANC OF AMERICA LEASING & CAPITAL, LLC ("LESSOR") AND CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS MILL GROUP, INC. ("LESSEE").

Appears in 1 contract

Samples: Master Lease Agreement (Caraustar Industries Inc)

Special Purchase Option. The Early Termination Date referenced in Section 19(a) of the Lease is that date which is sixty (60) months after the Base Lease Commencement Date. The Early Termination amount Percentage referenced in Section 19(a) of the Lease is $107,432.75548,979.67 (computed as 33.051154%). DATE OF EXECUTION: September ___, 2002 BANC OF AMERICA LEASING & CARAUSTAR INDUSTRIAL AND XXXXXXXX XXXXXXX, XXX PRODUCTS GROUP, INC. Lessor Co-Lessee By: /s/ Michael T. Spiva By: /s/ H. Lee Thrash, III ---------------------------- ---------------------------------------- 2031 Carolina Place Fort Mill, Soutx Xxxxxxxx 00000 Xxxxxxxxx: 000-000-0000 State of Incorporation: Xxxxxxxx Federal Employer Identification No.: 58-2260608 Organizational No.: 2244000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF EQUIPMENT Lessee: CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS GROUP, INC. Approved by _______________________________ Page No. 1 of 1 2 total pages (Lessee to initial each page) Attached to Equipment Schedule No. 4 2 Equipment located at: _______________________________ Street No. _______________________________ City County State ZIP Code --------------------------------------------------------------------------------------------------------------- LONG ASSET DESCRIPTION LOCATION MANUFACTURER MODEL SERIAL FAIR MARKET NO. SERIAL NO. VALUE INCOST --------------------------------------------------------------------------------------------------------------- PACO WINDER & GLUE POT Beardstown Tube Paco XX 0 A2230-PLACE ------------------------------------------------------------------------------------------------------------- BERLIN 383 69,000 SPACK 25-400 PROGRAMMABLE Beardstown Tube Spack 25-400 1062 70,000 CORE CUTTING & CAPPING Lufkin CUXXXX HOGGER/BALER Beardstown Tube Berlin Foundry & CS-1322 373,000 MACHINE Machine Co. MANUAL CORE Soco/Blo Opco 4F7-5036 10937694 68,000 GLUE POT Beardstown Tube Spirotech 28,000 LINEAL CONTROL SPIRAL SAW BERLIN & DUST Lufkin Beardstown Tube Berlin Foundry & 30,000 COLLECTION Machine Co. Paco CS16 17,000 HYDRAULIC WINDER Beardstown Tube 16,000 40HP GARDNER D AIR COMPRESSOR PSI Lufkin Beardstown Tube Gardner Denver EBH99D13 S065539 24,000 9,000 STRETCH XXXX XACHINE Beardstown Tube 8,000 --------------------------------------------------------------------------------------------------------------- PACO EHR65 AUTO MATIC TUBE Crossett Tube Paco EHR 65 A2314-38 000,000 RECUTTER HOGGER/BALER Crossett Tube Selco/Blo Apco HS12XHDM3044/ 30947745/831267 000,000 4FT-5036 SPACK IN-LINE BALDE CUTTER Crossett Tube Spack 25-400 1063 00,000 TYPE 25-000 SLITTER Crossett Tube 00,000 CREEL Crossett Tube Custom Built 00,000 AIR COMPRESSOR Crossett Tube 00,000 GLUE TANK Crossett Tube 00,000 LARGE DIAMETER TUBE SPLITTER Crossett Tube Custom Built 00,000 C S-16 CUT-OFF SAW Crossett Tube Paco CS16 1596-477 00,000 CUT-OFF SAW MSB Crossett Tube Paco MS8 628-173 0,000 100 HP DRIVE #428 SLITTER Crossett Tube 00,000 STRETCH WRAP MACHINE #901854 Crossett Tube Wulfter WHP150 02005534 0,000 STRETCH WRAP MACHINE Crossett Tube 0,000 --------------------------------------------------------------------------------------------------------------- Core Cutter Houston Tube Appleton P600 022396 31,000 P-600 MENASHA CORE CUTTER Houston Tube Appleton P600 072492 26,000 APPLETON P-600 MENASHA CORE CUTTER Houston Tube Appleton P600 26,000 APPLETON CORETECH CM16 CORE CUTTER Houston Tube Coretech CM16 12080 23,000 SELCO VNF BALER LH W/66" LONG Houston Tube Selco 109966939 19,000 STROKE Core Cutter Houston Tube Southern Tool 100 53 15,000 Company Core Cutter Houston Tube Southern Tool 100 54 15,000 Company Pneumatic Crimpers Houston Tube Lar Machinerie L-1597-S 1313 9,000 CRIMPER - HOUSTON Houston Tube 9,000 AIR COMPRESSOR Houston Tube Gardner Denver 7,000 Dust Coxxxxxxx Houston Tube Airepros W2015 92-4-3214 8,000 Dust Collector Houston Tube Airepros W2015 8,000 --------------------------------------------------------------------------------------------------------------- PROGRAMMABLE SPACKLINER Mobile Tube Spack System 30-400 1051 82,000 HOGGER/XXXXX Mobile Tube 101,000 Spackliner Mobile Tube 63,000 HORIZONTAL BALER Mobile Tube 61,000 HIGH TECH GLUE TANK Mobile Tube 19,000 --------------------------------------------------------------------------------------------------------------- SPACKCUTTER Vacaville Tube 68,000 PACK INDUSTRIES SN 4030111 Vacaville Tube 4030111 63,000 PACO AUTO. CORE CUTTER & Vacaville Tube Paco 66,000 CONVEYOR LINE PACO AUTO CORE CUTT Vacaville Tube Paco 28,000 KANE CUTTER SAW Vacaville Tube Kane 27,000 DODGE CXXX CUTTER Vacaville Tube Dodge 9,000 DODGE CORE CUTTER Vacaville Tube Dodge 10,000 GARDNER DENVER 50 HP COMPRESSOR Vacaville Tube Gardner Denver 10,000 MAREN 2000 XXXH DENSITY Vacaville Tube Maren 2060 8,000 AUTOMATXX XXLER LANTECH STRETCH WRAP MACHINE Vacaville Tube Lantech 7,000 --------------------------------------------------------------------------------------------------------------- TOTAL $427,000 1,661,000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF STIPULATED LOSS VALUES INCORPORATED IN AND MADE A PART OF EQUIPMENT SCHEDULE NO. 4 2 BETWEEN BANC OF AMERICA LEASING & CAPITAL, LLC ("LESSOR") AND CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS GROUP, INC. ("LESSEE").

Appears in 1 contract

Samples: Master Lease Agreement (Caraustar Industries Inc)

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Special Purchase Option. The Early Termination Date referenced in Section 19(a) of the Lease is that date which is sixty (60) months after the Base Lease Commencement Date. The Early Termination amount Percentage referenced in Section 19(a) of the Lease is $107,432.751,856,483.33 (computed as 33.051154%). DATE OF EXECUTION: September ___, 2002 BANC OF AMERICA LEASING & CARAUSTAR INDUSTRIAL AND XXXXXXXX XXXXXXX, XXX PRODUCTS MILL GROUP, INC. Lessor CAPITAL, LLC Co-Lessee Lessor By: /s/ Michael T. Spiva By: /s/ H. Lee Thrash, III ---------------------------- ---------------------------------------- 2031 Carolina Place Fort Mill3100 Joe Jerkins Boulevard Austell, Soutx Xxxxxxxx Xxxxxxx 00000 XxxxxxxxxFacsimile: 000770-000732-0000 3401 State of Incorporation: Xxxxxxxx Xxxx Federal Employer Identification No.: 58-2260608 Organizational No.: 2244000 0594000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF EQUIPMENT Lessee: CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS MILL GROUP, INC. Approved by _________________________________ Page No. 1 of 1 2 total pages (Lessee to initial each page) Attached to Equipment Schedule No. 4 1 Equipment located at: _______________________________ Street No. _______________________________ City County State ZIP Code --------------------------------------------------------------------------------------------------------------- LONG ASSET DESCRIPTION LOCATION MANUFACTURER MODEL SERIAL FAIR MARKET COST NO. NO. VALUE IN--------------------------------------------------------------------------------------------------------------- CLEANING SYSTEM Cedartown Paperboard Johnson 24 JS-2563 202,000 SBR SYSTEM Cedartown Paperboard 112,000 DRYER EXHAUST SYSTEM Cedartown Paperboard 34,000 PRESS ROLL Cedartown Paperboard 21,000 DSM SCREEN Cedartown Paperboard 14,000 PRIMARY PRESS ROLL Cedartown Paperboard 14,000 --------------------------------------------------------------------------------------------------------------- REWINDER SLITTER SECTION Lafayette Paperboard 530,000 #4 MACH MIAMI HPLI PRESS Lafayette Paperboard Miami 636,000 CLEANING EQUIPMENT Lafayette Paperboard Bird 400 359,000 BEATER ROOM CLEANING SYSTEM Lafayette Paperboard 160,000 PAPER MACHINE CRANES Lafayette Paperboard 74,000 CORE CUTTER Lafayette Paperboard 37,000 INGERSOLL RAND EPI25 AC Lafayette Paperboard Ingersoxx Xxxx XX025 59,000 PRESSURE SCREEN Lafayette Paperboard Bird 200 72,000 CHEST AGITATOR Lafayette Paperboard 53,000 WET CALENDAR STACK Lafayette Paperboard 33,000 WATER SOFTNER-PLACE ------------------------------------------------------------------------------------------------------------- BERLIN GREENSAND Lafayette Paperboard 21,000 6-AGITATORS Lafayette Paperboard 7,000 CORE CUTTING CUTTER MODEL 10/120 Lafayette Paperboard 10/120 11,000 --------------------------------------------------------------------------------------------------------------- FC FORMER Tacoma Paperboard 388,000 SLITTER SYSTEM Tacoma Paperboard 465,000 PULPER MIXED 14FT "D" CORD Tacoma Paperboard 383,000 #10 VAT WET/DRY Tacoma Paperboard 289,000 SUCTION DRUM Tacoma Paperboard 208,000 FILLER PULPER - 14FT. VOLKS ROTOR AT Tacoma Paperboard 272,000 FILLER PULPER LINER PULPER 14 FT VOLKS ROT Tacoma Paperboard 151,000 SCAVENGER JUNKER CONTINUOUS Tacoma Paperboard 118,000 EIGHT VAT Tacoma Paperboard 169,000 SPREADER ROLL TABLE Tacoma Paperboard 73,000 REJECT PRESS - RAYFO RAM ST Tacoma Paperboard 63,000 THERMOCOMPRESSORS Tacoma Paperboard 72,000 AIR COMPRESSO-KAESER-DS200 Tacoma Paperboard Kaeser DS200 60,000 LINER MACHINE CHEST Tacoma Paperboard 53,000 FRAME TOP FELT & CAPPING Lufkin Tube Berlin Foundry SUCTION DR Tacoma Paperboard 45,000 HIGH DENSITY CLEANERS (4) Tacoma Paperboard 48,000 SCAVENGER JUNKER Tacoma Paperboard 79,000 FILLER MACHINE CHEST Tacoma Paperboard 36,000 FILLER BEATER CHEST AGITATOR Tacoma Paperboard 33,000 FILLER DUMP CHEST Tacoma Paperboard 26,000 STRETCH WRAPPER Tacoma Paperboard 25,000 SCREENS #9 & CS-1322 373,000 10 VAT Tacoma Paperboard 19,000 FILLER SCREENING SYSTEM Tacoma Paperboard 39,000 EIGHTH VAT Tacoma Paperboard 24,000 AIR DRYER KAESER-KEP-700 Tacoma Paperboard 13,000 Air Compressor Tacoma Paperboard 7,000 FILLER MACHINE Machine Co. MANUAL CORE SAW BERLIN & DUST Lufkin Tube Berlin Foundry & 30,000 COLLECTION Machine Co. AIR COMPRESSOR PSI Lufkin Tube Gardner Denver EBH99D13 S065539 24,000 CHEST Tacoma Paperboard 4,000 DSM TANK Tacoma Paperboard 3,000 FILLER MACHINE CHEST Tacoma Paperboard 3,000 --------------------------------------------------------------------------------------------------------------- TOTAL $427,000 5,617,000 BANC OF AMERICA LEASING & CAPITAL, LLC -------------------------------------------------------------------------------- SCHEDULE OF STIPULATED LOSS VALUES INCORPORATED IN AND MADE A PART OF EQUIPMENT SCHEDULE NO. 4 1 BETWEEN BANC OF AMERICA LEASING & CAPITAL, LLC ("LESSOR") AND CARAUSTAR INDUSTRIES, INC. and CARAUSTAR INDUSTRIAL AND CONSUMER PRODUCTS MILL GROUP, INC. ("LESSEE").

Appears in 1 contract

Samples: Master Lease Agreement (Caraustar Industries Inc)

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