October 15, 2012 - City of Laredo

(f) During the Lease Term, the Equipment will be used by Lessee only for the
purpose of performing essential governmental or proprietary functions of Lessee consistent with
the permissible scope of Lessee's authority. Lessee does not intend to sell or otherwise dispose
of the Equipment or any interest therein prior to the last Rental Payment (including all Renewal
Terms) scheduled to be paid hereunder.
(g) Lessee has kept, and throughout the Lease Term shall keep, its books and records in
accordance with generally accepted accounting principles and practices consistently applied, and
in subsection (g) shall be accompanied
information relating to Lessee may be dis
of their respective successors and assigns.
expect the need for any item of the E
any person other than
than a state or lo
r budget and actual,
ents to the financial
nancial statements and
thereof is not directly or
local governmental unit. No portion of the
red into any management or other service contract with
nd do any further act and execute, acknowledge, deliver, file,
rights and benefits under this Agreement and the Acquisition Fund Agreement.
(k) Lessee is the fee owner of the real estate where the Equipment is and will be
located and has good and marketable title thereto, and there exists no mortgage, pledge, lien,
security interest, charge or other encumbrance of any nature whatsoever on or with respect to
such real estate.