RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-11 (the "Rental Schedule")
DATED AS OF APRIL 1, 1994
TO MASTER LEASE AGREEMENT NO. 9208TXG468 (the "Master Lease")
DATED AS OF SEPTEMBER 1, 1992
LESSOR LESSEE
AMERICAN FINANCE GROUP H.E. BUTT GROCERY COMPANY
EXCHANGE PLACE 000 XXXXX XXXX XXXXXX
XXXXXX, XX 00000 XXX XXXXXXX, XX 00000
1. LEASE TERM. PAYMENT DATES.
This Rental Schedule, between Lessor and Lessee incorporates by reference
the terms and conditions of the Master Lease. Lessor hereby leases to Lessee and
Lessee hereby leases from Lessor those items of Equipment described on the
attached Schedule B, for the Lease Term and at the Basic Rent payable on the
Payment Dates hereinafter set forth on the attached Schedule A, on the terms and
conditions set forth in the Master Lease. The Lease Term is for the period from
and including the Acceptance Date of each item of Equipment set forth on the
attached Schedule B, to but not including the Primary Start Date, as hereinafter
defined ("Interim Term") and for a Primary Term commencing on the first day of
the calendar month following the last Acceptance Date for any item of Equipment
leased pursuant hereto ("Primary Start Date") and continuing to and including
the Lease Expiration Date set forth on the attached Schedule A. The Acceptance
Date for each item of Equipment shall be the date on which the item of Equipment
is accepted for lease by Lessee.
2. BASIC RENT.
Interim Term Basic Rent is computed by multiplying the Total Equipment
Cost by the Per Diem Lease Rate set forth on the attached Schedule A and
multiplying the product by the number of days in the Interim Term. Primary Term
Basic Rent is computed by multiplying the Total Equipment Cost by the Periodic
Lease Rate set forth on the attached Schedule A.
3. XXXXXX'S OPTIONS UPON LEASE EXPIRATION.
Lessee has the option at the expiration of the Lease Term, exerciseable
with respect to all, but not less than all, items of Equipment leased pursuant
to Rental Schedules having the same Expiration Date, (i) to return the Equipment
to Lessor, (ii) to renew the Rental Schedule at fair rental value for a Renewal
Term the length of which shall be determined by agreement of Lessee and Lessor
or (iii) to purchase the equipment for cash at its then fair market value.
a. Lessee agrees to provide Lessor written notice of its decision to
return the Equipment, renew the Rental Schedule or purchase the
Equipment not less than ninety (90) days prior to the Lease
Expiration Date. If Lessee fails to give Lessor ninety (90) days
written notice, the Lease Term may, at Lessor's option, be extended
and continue until ninety (90) days from the date Lessor receives
written notice of Xxxxxx's decision to return the Equipment, renew
the Rental Schedule or purchase the Equipment. Such (90) day
extension shall be at the original rate set forth on Schedule A.
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-11
PAGE TWO
b. Fair market value and fair rental value shall mean an amount which
would be obtained in an arm's-length transaction between an informed
and willing buyer-user or lessee (other than a dealer) and an
informed and willing seller or lessor under no compulsion to sell or
lease provided, however, that in such determination: (i) the
Equipment shall be assumed to be in the condition in which it is
required to be maintained and returned under this Agreement and (ii)
costs of removal from current location shall not be a deduction from
such valuation. Fair market value, fair rental value and useful life
will be determined by agreement of Lessor and Lessee, or if the
parties cannot agree, by an independent equipment appraiser selected
by Lessor and reasonably acceptable to Lessee. The cost of the
appraisal will be shared equally by Xxxxxx and Xxxxxx.
c. Each item of equipment must be maintained in a manner that is
consistent with that which is recommended by the manufacturer. Upon
any termination or expiration of this Rental Schedule, Lessee will
promptly, at its own cost and expense provide Lessor with a
Maintenance Acceptance Qualification (MAQ) letter which will be
provided by a manufacturer's representative certifying that the
Equipment is eligible for maintenance. Lessee will return to Lessor
all operating manuals and cables required for the full functioning
of the Equipment. Any cost associated with transferring the software
license to a third party will be solely for the account of Xxxxxx.
The Rental Schedule shall continue in full force and effect and Lessee shall
continue to pay Basic Rent through and including the date on which the Equipment
is returned by Lessee.
4. ACCEPTANCE CERTIFICATE
Lessee hereby represents, warrants and certifies (a) that the Equipment
described herein has been delivered to and inspected and found satisfactory by
Lessee and is accepted for lease by Lessee under this Rental Schedule and the
Master Lease as incorporated herein by reference, as of the Acceptance Date set
forth in Schedule A; (b) all items of Equipment are new and unused as of the
Acceptance Date, except as otherwise specified above; (c) the representations
and warranties of Lessee set forth in the Master Lease are true and correct as
of the date hereof; and (d) unless otherwise specified above, the Equipment is
not a fixture or accession to any real or personal property including any other
property owned by Lessor.
5. ENTIRE AGREEMENT. MODIFICATION AND WAIVERS. EXECUTION IN COUNTERPARTS.
This Rental Schedule and the Master Lease constitute the entire agreement
between Lessee and Lessor with respect to the leasing of the Equipment.
Capitalized terms not defined herein shall have the meanings assigned to them in
the Master Lease. To the extent any of the terms and
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-11
PAGE THREE
conditions set forth in this Rental Schedule conflict with or are inconsistent
with the Master Lease, this Rental Schedule shall govern and control. No
amendment, modification or waiver of this Rental Schedule or the Master Lease
will be effective unless evidenced by a writing signed by the party to be
charged. This Rental Schedule may be executed in counterparts, all of which
together shall constitute one and the same instrument.
IN WITNESS WHEREOF the parties hereto have caused this Rental Schedule and
Acceptance Certificate to be executed and delivered by their duly authorized
representatives as of the date first above written.
AMERICAN FINANCE GROUP H.E. BUTT GROCERY COMPANY
Lessor Lessee
By: /s/ [ILLEGIBLE] By: /s/ [ILLEGIBLE]
------------------------- -------------------------
Title: Vice President Title: VICE PRESIDENT M.I.S.
COUNTERPART NO. 2 OF 3 SERIALLY NUMBERED MANUALLY EXECUTED COUNTERPARTS. TO THE
EXTENT IF ANY THAT THIS DOCUMENT CONSTITUTES CHATTEL PAPER UNDER THE UNIFORM
COMMERCIAL CODE, NO SECURITY INTEREST MAY BE CREATED THROUGH THE TRANSFER AND
POSSESSION OF ANY COUNTERPART OTHER THAN COUNTERPART NO. 1
LLR40D-01 AMERICAN FINANCE GROUP 4/06/94 16:36:22 PAGE 1
Schedule A -- Rental Schedule Economics
LESSEE: H E BUTT GROCERY COMPANY
LESSOR: AMERICAN FINANCE GROUP
RENTAL SCHEDULE: A-11
LEASE TERM (months): 36
PRIMARY START DATE: 4/01/1994
LEASE EXPIRATION DATE: 3/31/1997
PAYMENT FREQUENCY: MONTHLY
ADVANCE/ARREARS: ADVANCE
LEASE RATE: .026997000
PER DIEM LEASE RATE: .000899900
PERIODIC RENT: $12,984.31
NUMBER OF PAYMENTS: 36
TOTAL INTERIM RENT: $12,374.06
PAYMENT COMMENCEMENT DATE: 4/01/1994
TOTAL EQUIPMENT COST: $480,953.25
DOCUMENTATION FEE: 70.00
-----------
[ILLEGIBLE] LESSEE INITIALS
-----------
[ILLEGIBLE] LESSOR INITIALS
-----------
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:28 PAGE 1
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-11
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
230.00 NBS (200) SINGLE KEY CAPS 2/27/1994
---------------
230.00 Total for Location 000 X XXXX XXX XXX XXXXXXX XX 00000
74,580.00 ACR/APG/EPSON (44) KEYBOARD/DRAWER/PRIN 3/10/1994
3,592.00 ACR (8) PRINTER PRODUCT DISPL 3/10/1994
---------------
78,172.00 Total for Location 0000 XXX XXXXX XXXXXX XX 00000
38,985.00 ACR/APG/EPSON (23) KEYBOARD/DRAWER/PRIN 2/27/1994
2,245.00 ACR (5) PRINTER PRODUCT DISPL 2/27/1994
---------------
41,230.00 Total for Location 0000 XXXXXXXX XXXXXX XX 00000
17,780.00 ACR 2000 (35) KEYBOARD 2/27/1994
---------------
17,780.00 Total for Location 000 XXXXXXX XXX XXXXXX XX 00000
1,158.00 EQUINOX (1) SERVER 2/28/1994
236.00 ACR (1) MICRO TRANSCEIVER 2/28/1994
1,790.00 ITHACA 51 (2) PRINTER 2/28/1994
---------------
3,184.00 Total for Location 0000 X XXXXX XXXXXX XX 00000
19,090.75 EPSON 930 (25) PRINTER 3/15/1994
120.00 ACR (20) KEYBOARD CABLE 3/15/1994
650.00 ACR (25) PRINTER/DRAWER CABLE 3/15/1994
---------------
19,860.75 Total for Location 11843 STARCREST SAN ANTONIO TX 78247
50,850.00 ACR/APG/EPSON (30) KEYBOARD/DRAWER/PRIN 2/14/1994
2,245.00 ACR (5) PRINTER PRODUCT DISPL 2/14/1994
---------------
53,095.00 Total for Location 0000 XXXXXXX XXX XXXXXXX XX 00000
57,630.00 ACR/APG/EPSON (34) KEYBOARD/DRAWER/PRIN 2/14/1994
4,490.00 ACR (10) PRINTER PRODUCT DISP 2/16/1994
189.00 ACR 2400 (3) MODEM 2/28/1994
1,158.00 EQUINOX (1) SERVER 2/28/1994
118.00 ACR (1) TRANSCEIVER 2/28/1994
---------------
63,585.00 Total for Location 000 X XXXXX XXX XXXXXXX XX 00000
27,120.00 ACR/APG/EPSON (16) KEYBOARD/DRAWER/PRIN 3/10/1994
2,245.00 ACR (5) PRINTER DISPLAY 3/10/1994
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:28 PAGE 2
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-11
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
---------------
29,365.00 Total for Location 000 X XXXX XX XXXXXXXX XX 00000
13,560.00 ACR/APG/EPSON (8) KEYBOARD/DRAWER/PRINT 3/10/1994
---------------
13,560.00 Total for Location HIGHLAND LAKE CENTER KINGSLAND TX 78639
66,105.00 ACR/APG/EPSON (39) KEYBOARD/DRAWER/PRIN 3/10/1994
5,389.00 ACR (12) PRINTER PRODUCT DISP 3/10/1994
---------------
71,493.00 Total for Location 1345 XXXXXX ABILENE TX 79605
15,255.00 ACR/APG/EPSON (9) KEYBOARD/DRAWER/PRINT 3/10/1994
449.00 ACR (1) PRINTER PRODUCT DISPL 3/10/1994
---------------
15,704.00 Total for Location 400 S COLORADO LOCKHART TX 78644
25,425.00 ACR/APG/EPSON (15) KEYBOARD/DRAWER/PRIM 3/10/1994
898.00 ACR (2) PRINTER PRODUCT DISPL 3/10/1994
---------------
26,323.00 Total for Location 0000 XXXXXX XXXXXXXXX XX 00000
158.50 NCR (1) DATACHECKER 2/17/1994
---------------
158.50 Total for Location 0000 XXXXXX XXXXXXX XX 00000
44,070.00 ACR/APG/EPSON (26) KEYBOARD/DRAWER/PRIN 3/14/1994
3,143.00 ACR (7) PRINTER PRODUCT DISPL 3/14/1994
---------------
47,213.00 Total for Location 000 X XXXXXXX XXX XXXXXX XX 00000
---------------
---------------
480,953.25 Total Equipment Cost
H.E. BUTT GROCERY COMPANY
EXHIBIT ONE
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO A-11
(Stated as a Percentage of Equipment Cost)
AFTER
PRIMARY
TERM CASUALTY
PAYMENT NO. VALUE
----------- -----
Prior to 1 120.00
1 118.35
2 116.69
3 115.00
4 113.29
5 111.58
6 109.81
7 108.03
8 106.22
9 104.40
10 102.55
11 100.67
12 98.78
13 96.85
14 94.90
15 92.93
16 90.92
17 88.90
18 86.84
19 84.76
20 82.65
21 80.51
22 78.35
23 76.16
24 73.93
25 71.68
26 69.40
27 67.09
28 64.75
29 62.38
30 59.97
31 57.54
32 55.07
33 52.57
34 50.04
35 47.48
36 45.00
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-12 (the "Rental Schedule")
DATED AS OF APRIL 1, 1994
TO MASTER LEASE AGREEMENT NO. 9208TXG468 (the "Master Lease")
DATED AS OF SEPTEMBER 1, 1992
LESSOR LESSEE
AMERICAN FINANCE GROUP H.E. BUTT GROCERY COMPANY
EXCHANGE PLACE 000 XXXXX XXXX XXXXXX
XXXXXX, XX 00000 XXX XXXXXXX, XX 00000
1. LEASE TERM. PAYMENT DATES.
This Rental Schedule, between Lessor and Lessee incorporates by reference
the terms and conditions of the Master Lease. Lessor hereby leases to Lessee and
Lessee hereby leases from Lessor those items of Equipment described on the
attached Schedule B, for the Lease Term and at the Basic Rent payable on the
Payment Dates hereinafter set forth on the attached Schedule A, on the terms and
conditions set forth in the Master Lease. The Lease Term is for the period from
and including the Acceptance Date of each item of Equipment set forth on the
attached Schedule B, to but not including the Primary Start Date, as hereinafter
defined ("Interim Term") and for a Primary Term commencing on the first day of
the calendar month following the last Acceptance Date for any item of Equipment
leased pursuant hereto ("Primary Start Date") and continuing to and including
the Lease Expiration Date set forth on the attached Schedule A. The Acceptance
Date for each item of Equipment shall be the date on which the item of Equipment
is accepted for lease by Lessee.
2. BASIC RENT.
Interim Term Basic Rent is computed by multiplying the Total Equipment
Cost by the Per Diem Lease Rate set forth on the attached Schedule A and
multiplying the product by the number of days in the Interim Term. Primary Term
Basic Rent is computed by multiplying the Total Equipment Cost by the Periodic
Lease Rate set forth on the attached Schedule A.
3. XXXXXX'S OPTIONS UPON LEASE EXPIRATION.
Lessee has the option at the expiration of the Lease Term, exerciseable
with respect to all, but not less than all, items of Equipment leased pursuant
to Rental Schedules having the same Expiration Date, (i) to return the Equipment
to Lessor, (ii) to renew the Rental Schedule at fair rental value for a Renewal
Term the length of which shall be determined by agreement of Lessee and Lessor
or (iii) to purchase the equipment for cash at its then fair market value.
a. Lessee agrees to provide Lessor written notice of its decision to
return the Equipment, renew the Rental Schedule or purchase the
Equipment not less than ninety (90) days prior to the Lease
Expiration Date. If Lessee fails to give Lessor ninety (90) days
written notice, the Lease Term may, at Lessor's option, be extended
and continue until ninety (90) days from the date Lessor receives
written notice of Xxxxxx's decision to return the Equipment, renew
the Rental Schedule or purchase the Equipment. Such (90) day
extension shall be at the original rate set forth on Schedule A.
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-12
PAGE TWO
b. Fair market value and fair rental value shall mean an amount which
would be obtained in an arm's-length transaction between an informed
and willing buyer-user or lessee (other than a dealer) and an
informed and willing seller or lessor under no compulsion to sell or
lease provided, however, that in such determination: (i) the
Equipment shall be assumed to be in the condition in which it is
required to be maintained and returned under this Agreement and (ii)
costs of removal from current location shall not be a deduction from
such valuation. Fair market value, fair rental value and useful life
will be determined by agreement of Lessor and Lessee, or if the
parties cannot agree, by an independent equipment appraiser selected
by Lessor and reasonably acceptable to Lessee. The cost of the
appraisal will be shared equally by Xxxxxx and Xxxxxx.
c. Each item of equipment must be maintained in a manner that is
consistent with that which is recommended by the manufacturer. Upon
any termination or expiration of this Rental Schedule, Lessee will
promptly, at its own cost and expense provide Lessor with a
Maintenance Acceptance Qualification (MAQ) letter which will be
provided by a manufacturer's representative certifying that the
Equipment is eligible for maintenance. Lessee will return to Lessor
all operating manuals and cables required for the full functioning
of the Equipment. Any cost associated with transferring the software
license to a third party will be solely for the account of Xxxxxx.
The Rental Schedule shall continue in full force and effect and Lessee shall
continue to pay Basic Rent through and including the date on which the Equipment
is returned by Lessee.
4. ACCEPTANCE CERTIFICATE
Lessee hereby represents, warrants and certifies (a) that the Equipment
described herein has been delivered to and inspected and found satisfactory by
Lessee and is accepted for lease by Lessee under this Rental Schedule and the
Master Lease as incorporated herein by reference, as of the Acceptance Date set
forth in Schedule A; (b) all items of Equipment are new and unused as of the
Acceptance Date, except as otherwise specified above; (c) the representations
and warranties of Lessee set forth in the Master Lease are true and correct as
of the date hereof; and (d) unless otherwise specified above, the Equipment is
not a fixture or accession to any real or personal property including any other
property owned by Lessor.
5. ENTIRE AGREEMENT. MODIFICATION AND WAIVERS. EXECUTION IN COUNTERPARTS.
This Rental Schedule and the Master Lease constitute the entire agreement
between Lessee and Lessor with respect to the leasing of the Equipment.
Capitalized terms not defined herein shall have the meanings assigned to them in
the Master Lease. To the extent any of the terms and
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO. A-12
PAGE THREE
conditions set forth in this Rental Schedule conflict with or are inconsistent
with the Master Lease, this Rental Schedule shall govern and control. No
amendment, modification or waiver of this Rental Schedule or the Master Lease
will be effective unless evidenced by a writing signed by the party to be
charged. This Rental Schedule may be executed in counterparts, all of which
together shall constitute one and the same instrument.
IN WITNESS WHEREOF the parties hereto have caused this Rental Schedule and
Acceptance Certificate to be executed and delivered by their duly authorized
representatives as of the date first above written.
AMERICAN FINANCE GROUP H.E. BUTT GROCERY COMPANY
Lessor Lessee
By: /s/ [ILLEGIBLE] By: /s/ [ILLEGIBLE]
------------------------- -------------------------
Title: Vice President Title: VICE PRESIDENT M.I.S.
COUNTERPART NO. 2 OF 3 SERIALLY NUMBERED MANUALLY EXECUTED COUNTERPARTS. TO THE
EXTENT IF ANY THAT THIS DOCUMENT CONSTITUTES CHATTEL PAPER UNDER THE UNIFORM
COMMERCIAL CODE, NO SECURITY INTEREST MAY BE CREATED THROUGH THE TRANSFER AND
POSSESSION OF ANY COUNTERPART OTHER THAN COUNTERPART NO. 1
LLR40D-01 AMERICAN FINANCE GROUP 4/06/94 16:36:23 PAGE 1
Schedule A - Rental Schedule Economics
LESSEE: H E BUTT GROCERY COMPANY
LESSORS AMERICAN FINANCE GROUP
RENTAL SCHEDULE: A-12
LEASE TERM (months): 60
PRIMARY START DATE: 4/01/1994
LEASE EXPIRATION DATE: 3/31/1999
PAYMENT FREQUENCY: MONTHLY
ADVANCE/ARREARS: ADVANCE
LEASE RATE: .017823000
PER DIEM LEASE RATE: .000594100
PERIODIC RENT: $20,946.26
NUMBER OF PAYMENTS: 60
TOTAL INTERIM RENT: $26,109.56
PAYMENT COMMENCEMENT DATE: 4/01/1994
TOTAL EQUIPMENT COST: $1,175,233.70
DOCUMENTATION FEE: 70.00
-------------
[ILLEGIBLE] LESSEE INITIALS
-----------
[ILLEGIBLE] LESSOR INITIALS
-----------
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:33 PAGE 1
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-12
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
79,288.00 DEC 425LP (44) COMPUTER 3/10/1994
5,600.00 SPECTRA PHYSICS (8) SPACE SCANNER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
6,900.00 CABLETRON (6) HUB 3/10/1994
21,122.00 DEC 450ST (2) COMPUTER 2/22/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/22/1994
815.10 NCR (19) CABLE 3/07/1994
39,501.00 NCR (19) SCANNER/SCALE 3/07/1994
2,821.50 NCR (19) PACESETTER 3/07/1994
---------------
158,197.60 Total for Location 4801 SAN DARIO LAREDO TX 78041
21,122.00 DEC 450ST (2) COMPUTER 2/21/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/21/1994
41,446.00 DEC 425LP (23) COMPUTER 2/27/1994
3,500.00 SPECTRA PHYSICS (5) SPACE SCANNER 2/27/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 2/27/1994
---------------
68,218.00 Total for Location 2310 XXXXXXXX LAREDO TX 78040
217.00 24729771 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729772 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729773 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729774 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729775 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729776 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729777 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729778 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729779 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24729780 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415138 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415139 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415132 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415133 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415134 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415135 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24415136 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24760555 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24760556 NCR (1) REMOTE DISPLAY 8/02/1993
217.00 24760557 NCR (1) REMOTE DISPLAY 8/02/1993
---------------
4,340.00 Total for Location 0000 XXXXX XXXXXXX XX 00000
138.70 NCR (1) CABLE 1/19/1994
25,900.00 SPECTRA PHYSICS (37) SPACE SCANNER 3/15/1994
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:33 PAGE 2
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-12
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
14,000.00 SPECTRA PHYSICS SP400 (20) SCANNER 3/15/1994
---------------
40,038.70 Total for Location 00000 XXXXXXXXX XXX XXXXXXX XX 00000
343.20 NCR (8) CABLE 11/24/1993
16,632.40 NCR (8) SCANNER/SCALE 11/24/1993
1,188.00 NCR (8) PACESETTER 11/24/1993
92.40 NCR (2) CABLE 11/24/1993
4,158.00 NCR (2) SCANNER/SCALE 11/24/1993
297.00 NCR (2) PACESETTER 11/24/1993
386.10 NCR (9) CABLE 11/24/1993
18,711.00 NCR (9) SCANNER/SCALE 11/24/1993
1,336.50 NCR (9) PACESETTER 11/24/1993
---------------
43,144.60 Total for Location 1100 LEOPARD CORPUS CHRISTI TX 78410
257.40 NCR (6) CABLE 1/19/1994
12,474.00 NCR (6) SCANNER/SCALE 1/19/1994
891.00 NCR (6) PACESETTER 1/19/1994
---------------
13,622.40 Total for Location 000 X XXX XXXXXXXX XXXXXX XX 00000
785.40 NCR (17) 9-PIN D SHELL 1/19/1994
35,343.00 NCR (17) SCANNER/SCALE 1/19/1994
2,524.50 NCR (17) PACESETTER 1/19/1994
4,200.00 SPECTRA PHYSICS (6) SPACE SCANNER 2/14/1994
1,400.00 SPECTRA PHYSICS SP400 (2) HAND SCANNER 2/14/1994
---------------
44,252.90 Total for Location 0000 XXXXXX XXX XXX XXXXXXX XX 00000
429.00 NCR (10) CABLE 1/21/1994
20,790.00 NCR (10) SCANNER/SCALE 1/21/1994
1,485.00 NCR (10) PACESETTER 1/21/1994
3,500.00 SPECTRA PHYSICS (5) SPACE SCANNER 2/14/1994
---------------
26,204.00 Total for Location 000 X XXXXXX XXXXXXXX XX 00000
27,027.00 NCR (13) SCANNER/SCALE 2/03/1994
1,930.50 NCR (13) PACESTTER 2/03/1994
1,716.00 NCR (13) DATACHECKER 2/03/1994
---------------
30,673.50 Total for Location 000 X XXXX XXXXXX XX 00000
600.60 NCR (14) CABLE 2/04/1994
29,106.00 NCR (14) SCANNER/SCALE 2/04/1994
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:33 PAGE 3
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-12
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
2,079.00 NCR (14) PACESETTER 2/04/1994
21,122.00 DEC 450ST (2) COMPUTER 2/14/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/14/1994
54,060.00 DEC 425LP (30) COMPUTER 2/14/1994
3,500.00 SPECTRA PHYSICS (5) SPACE SCANNER 2/14/1994
1,400.00 SPECTRA PHYSICS SP400 (2) HAND SCANNER 2/14/1994
21,122.00 DEC 450ST (2) COMPUTER 2/27/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/27/1994
---------------
134,489.60 Total for Location 0000 XXXXXXX XXX XXXXXXX XX 00000
21,122.00 DEC 450ST (2) COMPUTER 2/16/1994
61,268.00 DEC 425LP (34) COMPUTER 2/16/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/16/1994
7,000.00 SPECTRA PHYSICS (10) SPACE SCANNER 2/16/1994
4,900.00 SPECTRA PHYSICS SP400 (7) SCANNER 3/23/1994
---------------
95,040.00 Total for Location 400 W XXXXX SAN ANTONIO TX 78212
21,122.00 DEC 450ST (2) COMPUTER 3/10/1994
750.00 OIC 525MB (1) TAPE DRIVE 3/10/1994
28,832.00 DEC 425LP (16) COMPUTER 3/10/1994
2,100.00 SPECTRA PHYSICS (3) SPACE SCANNER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
3,450.00 CABLETRON (3) HUB 3/10/1994
---------------
57,654.00 Total for Location 000 X XXXX XX XXXXXXXX XX 00000
14,416.00 DEC 425LP (8) COMPUTER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
12,600.00 SPECTRA PHYSICS 960SL (6) SCANNER 3/10/1994
2,300.00 CABLETRON (2) HUB 3/10/1994
21,122.00 DEC 450ST (2) COMPUTER 2/22/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/22/1994
---------------
52,588.00 Total for Location HIGHLAND LAKE CENTER KINGSLAND TX 78639
70,278.00 DEC 425LP (39) COMPUTER 3/10/1994
8,400.00 SPECTRA PHYSICS (12) SPACE SCANNER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
42,000.00 SPECTRA PHYSICS 960LS (25) SCANNER 3/10/1994
5,750.00 CABLETRON (5) HUB 3/10/1994
21,122.00 DEC 450ST (2) COMPUTER 2/21/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/21/1994
---------------
149,700.00 Total for Location 1345 XXXXXX ABILENE TX 79605
LLR41D-01 AMERICAN FINANCE GROUP 4/06/94 11:10:33 PAGE 4
Schedule B Equipment Description
LESSEE: H E BUTT GROCERY COMPANY
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NUMBER: A-12
LESSOR: AMERICAN FINANCE GROUP
Acceptance
Equipment Cost Serial Number Year Manufacturer Model Type Date
----------------------------------------------------------------------------------------------------------------------------------
16,218.00 DEC 425LP (9) COMPUTER 3/10/1994
700.00 SPECTRA PHYSICS (1) SPACE SCANNER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
12,600.00 SPECTRA PHYSICS 960LS (6) SCANNER 3/10/1994
2,300.00 CABLETRON (2) HUB 3/10/1994
21,122.00 DEC 450ST (2) COMPUTER 2/21/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/21/1994
---------------
55,090.00 Total for Location 000 X XXXXXXXX XXXXXXXX XX 00000
27,030.00 DEC 425LP (15) COMPUTER 3/10/1994
1,400.00 SPECTRA PHYSICS (2) SPACE SCANNER 3/10/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/10/1994
23,100.00 SPECTRA PHYSICS 960LS (11) SCANNER 3/10/1994
2,300.00 CABLETRON (2) HUB 3/10/1994
21,122.00 DEC 450ST (2) COMPUTER 2/21/1994
750.00 OIC 525MB (1) TAPE DRIVE 2/21/1994
---------------
77,102.00 Total for Location 0000 XXXXXX XXXXXXXXX XX 00000
46,852.00 DEC 425LP (26) COMPUTER 3/14/1994
2,100.00 SPECTRA PHYSICS (3) SPACE SCANNER 3/14/1994
1,400.00 SPECTRA PHYSICS SP400 (2) SCANNER 3/14/1994
33,600.00 SPECTRA PHYSICS 960LS (16) SCANNER 3/14/1994
4,600.00 CABLETRON (4) HUB 3/14/1994
---------------
88,552.00 Total for Location 000 X XXXXXXX XXX XXXXXX XX 00000
257.40 NCR (6) CABLE 3/07/1994
12,474.00 NCR (6) SCANNER/SCALE 3/07/1994
891.00 NCR (6) PACESETTER 3/07/1994
42.90 NCR (1) CABLE 3/07/1994
2,079.00 NCR (1) SCANNER/SCALE 3/07/1994
148.50 NCR (1) PACESETTER 3/07/1994
386.10 NCR (9) CABLE 3/07/1994
18,711.00 NCR (9) SCANNER/SCALE 3/07/1994
1,336.50 NCR (9) PACESETTER 3/07/1994
---------------
36,326.40 Total for Location 0000 XXXXXXXXXX XXX XXXXXXX XX 00000
---------------
---------------
1,175,233.70 Total Equipment Cost
H.E. BUTT GROCERY COMPANY
EXHIBIT ONE
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO A-12
(Stated as a Percentage of Equipment Cost)
AFTER
PRIMARY
TERM CASUALTY
PAYMENT NO. VALUE
----------- -----
Prior to 1 120.00
1 119.25
2 118.48
3 117.70
4 116.91
5 116.11
6 115.30
7 114.48
8 113.64
9 112.79
10 111.94
11 111.06
12 110.18
13 109.29
14 108.38
15 107.46
16 106.53
17 105.58
18 104.62
19 103.65
20 102.66
21 101.66
22 100.65
23 99.62
24 98.58
25 97.52
26 96.45
27 95.37
28 94.26
29 93.15
30 92.02
31 90.87
32 89.71
33 88.53
34 87.33
35 86.12
H.E. BUTT GROCERY COMPANY
EXHIBIT ONE
RENTAL SCHEDULE AND ACCEPTANCE CERTIFICATE NO A-12
(Stated as a Percentage of Equipment Cost)
AFTER
PRIMARY
TERM CASUALTY
PAYMENT NO. VALUE
----------- -----
36 84.89
37 83.65
38 82.39
39 81.11
40 79.81
41 78.49
42 77.16
43 75.81
44 74.44
45 73.05
46 71.65
47 70.22
48 68.77
49 67.31
50 65.82
51 64.32
52 62.79
53 61.25
54 59.68
55 58.09
56 56.48
57 54.85
58 53.19
59 51.51
60 50.00
