City of Long Beach - File #: 9351_007

• File #: 9351_007
• Version: 1
• Name: UNITED TECHNOLOGIES CORP, HAMILTON STANDARD DIVISION - CONSENT AND ESTOPPEL CERTIFICATE
• Type: Conformed Contract
• Status: CCIS
• File created: 3/2/2017
• In control: City Clerk
• On agenda: 1/28/1997
• Final action: 1/28/1997
• Title: CONSENT AND ESTOPPEL CERTIFICATE - CERTIFICATION THAT UNITED IS NOT IN DEFAULT OF THE MASTER LEASE AGREEMENT, CONSENT TO ENCUMBRANCE OF SUBLEASE BETWEEN UNITED AND SPV BY WELLS FARGO, AGREEMENT TO NOTIFY SPV AND WELLS FARGO OF ANY DEFAULT BY UNITED UNDER THE MASTER LEASE, AND IN EVENT MASTER LEASE IS TERMINATED PRIOR TO EXPIRATION OF 50-YEAR LEASE THEN CONDITIONS OF SUBLEASE BEING MET BY SPV OR WELLS FARGO - AMOUNT $179,676 ANNUAL RENTAL SUBJECT TO ADJUSTMENTS EACH SUCCEEDING 5-YEAR PERIOD
• Indexes: Agreements
• Related files: 9351_009, 9351_008

Date	Ver.	Action By	Action	Result
1/28/1997	1	City Council	authorize City Manager

TITLE

CONSENT AND ESTOPPEL CERTIFICATE - CERTIFICATION THAT UNITED IS NOT IN DEFAULT OF THE MASTER LEASE AGREEMENT, CONSENT TO ENCUMBRANCE OF SUBLEASE BETWEEN UNITED AND SPV BY WELLS FARGO, AGREEMENT TO NOTIFY SPV AND WELLS FARGO OF ANY DEFAULT BY UNITED UNDER THE MASTER LEASE, AND IN EVENT MASTER LEASE IS TERMINATED PRIOR TO EXPIRATION OF 50-YEAR LEASE THEN CONDITIONS OF SUBLEASE BEING MET BY SPV OR WELLS FARGO - AMOUNT $179,676 ANNUAL RENTAL SUBJECT TO ADJUSTMENTS EACH SUCCEEDING 5-YEAR PERIOD