AT&T MASTER EQUIPMENT
Corporation LEASE AGREEMENT SCHEDULE
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LESSEE: Universal Money Centers, Inc. LESSOR: AT&T Credit Corporation
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Street Address Address
0000 Xxxxxx Xxxx 0 Xxxxxxxx Xxxxx, Xxxxxxxxxx, XX 00000
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City/State/Zip Lease Number Schedule Number
Xxxxxxx, XX 00000 I200084 0040
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SELLER: Total Price Including
AT&T Global Information Solutions Installation/One-Time Charges
f/k/a XXX Xxxxxxxxxxx
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Description of Items to be Leased (the Equipment)
Equipment subject hereto shall include, but not
be limited to: (8) NCR 5670 ATMs and all other
items of equipment, including all attachments,
alterations, and additions thereto, and any and
all parts thereof, and a right to use license
for any software related thereto and related
documentation, as such are and/or will be more
particularly described in the equipment order(s)
as reflected in the invoices of the seller or supplier.
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Total Purchase Price
Yes No (Sum of total prices
Option A ........... X __ including installation/
one-time charges) $116,000.00
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Lessee selects a fair market value PAYMENT IN ARREARS .................Yes __
purchase Option and a fair rental
value renewal option. If this payments in arrears option is
selected, Lessee shall pay Lessor the
Yes No first Rental Payment for the Equipment on
Option B ........... __ X the last day of the first Rental Payment
Period, which shall begin at Lessor's
Lessee selects (i) a fixed price option on either the Commencement Date or
purchase option of either $ N/A or the first day of the month following the
N/A % of the Total Purchase Price; month in which the Commencement Date
and (ii) a fixed price renewal occurs, and shall pay Lessor the remaining
option of N/A% of the periodic periodic Rental Payments on or before the
Rental Payment. last day of each subsequent Rental
Payment Period.
THE TERMS AND CONDITIONS OF THE ------------------------------------------
FOREGOING OPTIONS AND OTHER Advance Rent Rental Payment
IMPORTANT PROVISIONS ARE SET FORTH $17,980.00 See attached Exhibit A
ON THE BACK OF THIS SCHEDULE.
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Employment Location Rental Payment Latest Commencement Date
Period 2/28/97
0000 Xxxxxxx Xxxxxxx
Xx Xxxx, Xxxxx 00000 ------------------------------------------
Length of Initial Term
48 Months
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THIS SCHEDULE SHALL BE GOVERNED BY THE TERMS AND CONDITIONS OF THE MASTER
EQUIPMENT LEASE AGREEMENT REFERENCED BY THE LEASE NUMBER SPECIFIED ABOVE
(AGREEMENT) BY AND BETWEEN LESSEE, AS LESSEE, AND LESSOR OR AT&T CAPITAL
CORPORATION OR ANY AFFILIATE OR SUBSIDIARY THEREOF, AS LESSOR, AND BY THE TERMS
AND CONDITIONS SET FORTH ON THE FRONT AND BACK OF THIS SCHEDULE. PURSUANT TO
SUCH TERMS AND CONDITIONS (WHICH LESSEE ACKNOWLEDGES THAT IT HAS READ AND
UNDERSTANDS). LESSEE AGREES TO LEASE FROM LESSOR (AS SPECIFIED BELOW) AND LESSOR
AGREES TO LEASE TO LESSEE THE ABOVE REFERENCED EQUIPMENT, IT IS UNDERSTOOD AND
AGREED THAT THE TERMS AND CONDITIONS OF THIS SCHEDULE MAY BE DIFFERENT FROM THE
TERMS AND CONDITIONS OF PRIOR SCHEDULES AND THAT ANY ASSIGNMENT OR TRANSFER
PURSUANT TO SECTION 23 OF THE AGREEMENT BY LESSOR OR ANY ASSIGNEE SHALL NOT
MATERIALLY CHANGE LESSEE'S OBLIGATIONS HEREUNDER. LESSEE REPRESENTS AND WARRANTS
THAT IT SHALL LOOK ONLY TO THE SELLER FOR ANY AND ALL CLAIMS AND WARRANTIES
RELATING TO THE EQUIPMENT AND THAT IT EITHER HAS REVIEWED, APPROVED AND RECEIVED
A COPY OF THE APPLICABLE PURCHASE DOCUMENTS OR HAS BEEN INFORMED BY LESSOR THAT
IT MAY HAVE RIGHTS UNDER THE PURCHASE DOCUMENTS AND MAY CONTACT SELLER FOR A
DESCRIPTION OF SUCH RIGHTS TO THE EXTENT PERMITTED BY APPLICABLE LAW. LESSEE
WAIVES ANY AND ALL RIGHTS AND REMEDIES CONFERRED UPON LESSEE BY ARTICLE 2A OF
THE UCC AND ANY RIGHTS NOW OR HEREAFTER CONFERRED BY STATUTE OR OTHERWISE THAT
MAY LIMIT OR MODIFY THE LESSOR'S RIGHTS AS DESCRIBED IN THE AGREEMENT, THIS
SCHEDULE OR ANY OTHER FUNDAMENTAL AGREEMENT (AS DEFINED IN THE AGREEMENT).
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Universal Money Centers, Inc. AT&T CREDIT CORPORATION
Lessee
X /s/ Xxxx X. Xxxxxxxxx By: /s/ Xxxx Xxxxxxx
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Lessee Authorized Signature Lessor Authorized Signature
Xxxx X. Xxxxxxxxx, President Xxxx Xxxxxxx,
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Print Name and Title Print Name and Title
3/12/97 3/12/97
Date Date
Page 1 of 3
EXHIBIT A
Universal Money Centers, Inc.
Lease Number I200084
Schedule Number 00040
Rental Payment Stream
Payment Number Amount
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1 $17,980.00
2 thru 18 $ 2,859.40
19 thru 36 $ 2,042.76
37 thru 48 $ 813.16
Page 2 of 3
INVOICE
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Account # Xxxx Date Due Date Total Due
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1200084 2/20/97 Upon Receipt $17,980.00
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PLEASE INDICATE ADDRESS CHANGES BELOW TO INSURE PROPER CREDIT OF YOUR ACCOUNT:
1) DO NOT INCLUDE WITH ANY OTHER AT&T PAYMENT
UNIVERSAL MONEY CENTERS, INC.
0000 XXXXXX XXXX 2) MAKE CHECKS PAYABLE TO AT&T CREDIT
XXXXXXX, XX 00000 CORPORATION
3) INCLUDE ACCOUNT NUMBER ON CHECK
ATTN: XX. XXXXX XXXXXX
REMIT TO:
AT&T CREDIT CORPORATION
0 XXXXXXXX XXXXX Xxxx 0X000
XXXXXXXXXX, XX 00000
ATTN: XXXX XXXXXXX
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Account # Xxxx Date Due Date Total Due
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1200084 2/20/97 Upon Receipt $17,980.00
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Schedule Description Total Due
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00040 Rental Payment $17,980.00
***DUE UPON EXECUTION OF SCHEDULE***
Please pay this amount $17,980.00
PAYMENTS RECEIVED AFTER DUE DATE MAY BE
SUBJECT TO LATE CHARGES UNDER TERMS OF THE AGREEMENT
Page 3 of 3