Finance Committee - Agenda - 10/7/2020 - P160
ASSIGNMENT
[To be entered into between Initial Lessor and Capital One Public Funding, LLC]
ASSIGNMENT
[To be entered into between Initial Lessor and Capital One Public Funding, LLC]
ACKNOWLEDGED AND AGREED TO:
Please acknowledge your receipt of this notice and your agreement to make payments due under
the Agreement to Assignee by the signature of a duly authorized officer in the space provided on the
enclosed counterpart of this letter and return it to us at the address set forth below.
Sincerely,
MUNICIPAL LEASING CONSULTANTS, LLC,
LESSOR
By:
Name:
Title:
Address: 7 Old Town Lane
Grand Isle, VT 05458
CITY OF NASHUA, NEW HAMPSHIRE, ON BEHALF
OF NASHUA SCHOOL DISTRICT
By:
NOTICE OF ASSIGNMENT
October 20, 2020
City of Nashua, New Hampshire,
on behalf of Nashua School District
229 Main Street
Nashua, NH 03060
Re: Equipment Lease Purchase Agreement dated as of October 20, 2020, between the
City of Nashua, New Hampshire, on behalf of Nashua School District, as lessee
(“Lessee”), and Municipal Leasing Consultants, LLC, as lessor (“Lessor”) (the
“Agreement”)
Ladies and Gentlemen:
PAYM ENT AND PERFORMANCE BONDS RESPECTING THE EQUIPMENT, INCLUDING DUAL
OBLIGEE RIDER NAMING THE FOLLOWING PARTY AS AN ADDITIONAL OBLIGEE
Capital One Public Funding, LLC and its successors and assigns
1307 Walt Whitman Road, 3" Floor
Melville, NY 11747
[To be provided by Lessee before money is withdrawn
from the Escrow Fund for costs of the Equipment.|
ENERGY PERFORM ANCE CONTRACT
WITH ENERGY EFFICIENT INVESTMENTS, INC.
[Signed copy to be provided prior to Closing Date.]
INSURANCE CERTIFICATES (PROPERTY, LIABILITY AND WORKERS’ COMPENSATION)
COMPLYING WITH THE PROVISIONS OF SECTION 22 OF THE AGREEMENT TO BE PROVIDED BY
LESSEE, WITH THE FOLLOWING PARTY SHOWN AS LOSS PAYEE AND ADDITIONAL INSURED
WITH RESPECT TO PROPERTY INSURANCE, AND SHOWN AS ADDITIONAL INSURED WITH
RESPECT TO LIABILITY INSURANCE:
Capital One Public Funding, LLC and its successors and assigns
1307 Walt Whitman Road, 3" Floor
Melville, NY 11747
OPINION OF SPECIAL TAX COUNSEL
[To be provided by Gilmore & Bell.]
All capitalized terms herein will have the same meanings asin the Agreement. Lessor, its successors
and assigns and any counsel rendering an opinion on the exclusion of the interest components of Rental
Payments from gross income for purposes of federalincome taxation are entitled to rely on this opinion.
Very truly yours,
OPINION OF LESSEE COUNSEL
[Please furnish on Attorney’s Letterhead.]
October 20, 2020
Municipal Leasing Consultants, LLC
7 Old Town Lane
Grand Isle, VT 05458
Re: Equipment Lease Purchase Agreement dated as of October 20, 2020, between the
City of Nashua, New Hampshire, on behalf of Nashua School District, as lessee
(“Lessee”), and Municipal Leasing Consultants, LLC, as lessor (“Lessor”) (the
“Agreement”)
Ladies and Gentlemen:
ESSENTIAL USE CERTIFICATE
October 20, 2020
Municipal Leasing Consultants, LLC
7 Old Town Lane
Grand Isle, VT 05458
Re: Equipment Lease Purchase Agreement dated as of October 20, 2020, between the
City of Nashua, New Hampshire, on behalf of Nashua School District, as lessee
(“Lessee”), and Municipal Leasing Consultants, LLC, as lessor (“Lessor”) (the
“Agreement”)