EXHIBIT B-1 To ESCROW AGREEMENT
INCUMBENCY CERTIFICATE REGARDING LESSEE REPRESENTATIVES
$6,671,814
EQUIPMENT LEASE PURCHASE AGREEMENT
DATED AS OF OCTOBER 20, 2020, BETWEEN
MUNICIPAL LEASING CONSULTANTS, LLC, AS LESSOR, AND THE
CITY OF NASHUA, NEW HAMPSHIRE,
ON BEHALF OF NASHUA SCHOOL DISTRICT, AS LESSEE
The following documents are attached hereto and made a part hereof: (a) invoice(s) for costs being
paid; (b) current IRS Form W-9 for the payee (unless such IRS Form W-9 has been previously submitted
to the Escrow Agent); and (c) lien waivers, if applicable.
EXHIBIT A TO ESCROW AGREEMENT
CERTIFICATE OF ACCEPTANCE AND PAYMENT REQUEST
IN WITNESS WHEREOF, the parties hereto have caused this Escrow Agreement to be duly executed
as of the day and year first above set forth.
LESSOR: MUNICIPAL LEASING CONSULTANTS, LLC
By:
Name:
Title:
LESSEE: CITY OF NASHUA, NEW HAMPSHIRE, ON BEHALF OF
NASHUA SCHOOL DISTRICT
By:
Name:
Title: Mayor
ACCEPTED:
NASHUA SCHOOL DISTRICT
By:
Name: Daniel Donovan
Title: Chief Operating Officer
ESCROW AGENT: TMI TRUST COMPANY
By:
Name: Barbara James
Title: Vice President
13. This Escrow Agreement constitutes the entire agreement be tween the parties hereto with respect
to the subject matter hereof, and no waiver, consent, modification or change of terms hereof shall bind
any party unless in writing signed by all parties.
14. The Escrow Agent may employ agents, attorneys and accountants in connection with its duties
hereunder and shall not be liable for any action taken or omitted in good faith in accordance with the
advice of counsel, accountants or other skilled persons.
f. Upon receipt by the Escrow Agent of a duly executed Certificate of Acceptance and Payment
Re quest identified as the final such request, the remaining monies in the Escrow Fund shall, first be
applied to all reasonable fees and expenses incurred by the Escrow Agent, if applicable, in connection
herewith as evidenced by its statement forwarded to Lessor and Lessee; and, second be paid to Lessor,
for application against the outstanding principal components of Rental Payments (as definedin the
being heldin its capacity as Escrow Agent. Securities and other negotiable instruments com prising the
Escrow Fund from time to time shall be held or registeredin the name of the Escrow Agent (or its
nominee). The Escrow Fund shallnot, to the extent permitted by applicable law, be subject to levy or
attachment or lien by or for the benefit of any creditor of any of the parties hereto (except with respect to
the security interest therein held by Lessor).
ESCROW AGREEMENT
LESSOR: ESCROW AGENT:
Municipal Leasing Consultants, LLC TMI Trust Company
7 Old Town Lane 901 Summit Avenue
Grand Isle, VT 05458 Fort Worth, TX 76102
Attention: Barbara James, Vice President
LESSEE:
City of Nashua, New Hampshire, on behalf of
Nashua School District
229 Main Street
Nashua, NH 03060
EXHIBIT B TO EQUIPMENT LEASE PURCHASE AGREEMENT
PAYMENT SCHEDULE
Principal Amount: $6,671,814
Interest Rate: 3.15%
Rental Payments will be made in accordance with Section 9 and this Payment Schedule.
EXHIBIT A TO EQUIPMENT LEASE PURCHASE AGREEMENT
EQUIPMENT SCHEDULE
Equipment Description:
