SUNTRUST LEASING CORP - 2001 - Laserfiche WebLink

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e e EXHIBIT C FORM OF DISBURSEMENT CERTIFICATE $2,000,000 EQUIPMENT LEASE-PURCHASE AGREEMENT Dated September 24,2001, by and between SUNTRUST LEASING CORPORATION, as Lessor, an<:l the CITY OF SANTA ANA, as Lessee REQUISITION NO. _ FOR DISBURSEMENT FROM THE PROCEEDS ACCOUNT The undersigned hereby states and certifies: (i) that the undersigned is the duly appointed, qualified and acting of City of Santa Ana, a municipal corporation and charter city, organized and existing under the laws of the State of California (the "City"), and as such, is familiar with the facts herein certified and is authorized to certify the same on behalf of the City; (ii) that, pursuant to Section 2.1 of that certain Equipment Lease-Purchas,e Agreement, dated September 24, 2001 ("Lease Agreement"), by and between SunTrust Leasing Corporation. as lessor (the "Lessor"), and the City, the Lessor is hereby requested to approve the disbursement this date. from the Proceeds Account established under the Lease Agreement. to the payees designated on Exhibit A attached hereto and by this reference incorporated herein, at the addresses set forth below such payee name, the sum set forth opposite such payee, for payment or reimbursement for costs of the Equipment specified (as defined in Lease Agreement); (iii) that the obligations set forth on the attached Exhibit A have been incurred by the City and are presently due and payable and that each item thereof is a proper charge against the Proceeds Account and has not been previously paid from the Proceeds Account; (iv) that there has not been filed with or served upon the City notice of any lien, right to lien or attachment upon, or claim affecting the right to receive payment of, any of the amounts payable to any of the persons named in this requisition. which has not been released or will not be released simultaneously with the payment of such obligation, other than materialmens' or mechanics' liens accruing by mere operation of law; (v) that the Equipment component for which such payment relates has been constructed or installed and is satisfactory to the City, and (vi) that the balance remaining in the Proceeds Account after payment of the amounts requested pursuant to this requisition, together with any investment income reasonably anticipated to be deposited in the Proceeds Account and any other funds reasonably anticipated to be available therefor, will be sufficient to pay the costs of completing the Equipment. Exhibit' C Page 1