EXHIBIT 10.29 ------------- WASCO FUNDING CORP. 150 East 58th Street New York, NY 10156 TEL: (212) 751-3673 FAX: (212) 753-4784 MASTER LEASE SCHEDULE NO. 16723.1 to Equipment Lease No. 16723 dated _________________________, between WASCO FUNDING CORP....

 
                                 EXHIBIT 10.29
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WASCO FUNDING CORP.
000 Xxxx 00xx Xxxxxx
Xxx Xxxx, XX  00000
TEL:  (000) 000-0000
FAX:  (000) 000-0000


     MASTER LEASE SCHEDULE NO. 16723.1 to Equipment Lease No. 16723 dated
_________________________, between WASCO FUNDING CORP. ("Lessor") and XXXXXXX
SQUARE TELECONFERENCING, INC. ("Lessee").


LESSEE'S NAME AND ADDRESS:              LOCATION OF EQUIPMENT IF
                                        OTHER THAN AT LESSEE'S ADDRESS:

Xxxxxxx Square Teleconferencing, Inc.
0 Xxxxxxx Xxxxxx Xxxx. 000
Xxxxxxxxx, XX  00000


EQUIPMENT DESCRIPTION:  (Describe fully.)

1 - Multilink system 70 Audio Teleconferencing system with 96 port configuration

                        TERM:           48 months
                        RENTAL:         $3,464.94 per month
                        USE TAX:        $  173.25 per month
                        TOTAL PAYMENT:  $3,638.18 per month

     ADVANCE RENTALS:  $7,276.36, payable at the time of signing this lease to
be applied to the first and the last one month Rental payments.


LESSOR HEREBY AGREES TO LEASE TO LESSEE, AND LESSEE HEREBY AGREES TO LEASE FROM
LESSOR, THE EQUIPMENT LISTED ABOVE OR ON ANY EXHIBIT HERETO, FOR THE TERM AND AT
THE RENTAL SET FORTH ABOVE, ALL SUBJECT TO THE TERMS AND CONDITIONS SET FORTH IN
THE LEASE.


LESSOR:  WASCO FUNDING CORP.            LESSEE: Xxxxxxx Square
                                                Teleconferencing, Inc.


BY: /s/ Xxxxx XxXxx, Mgr.               BY: /s/ Xxxxxxxx Xxxxxx
   -------------------------               ---------------------------
Accepted:  July 31, 1997                Dated:  July 23, 1997