APPENDIX C
MASTER LEASE AGREEMENT
DIR Contract # DIR-SDD-502
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Appendix C
APPENDIX C
MASTER LEASE AGREEMENT
1. Definitions.
A. Acceptance Certificate. The agreement document, attached to this MLA as Exhibit B, executed
by the Lessee, and submitted to Lessor, that states Lessee's acceptance of the Equipment and
Schedule.
B. Casualty Value. The Lessor's cost of such item of Equipment times a prorated percentage based
on the Equipment deprecation value.
C. Contract. The contractually binding document, including all Appendices, that constitutes the
entire agreement between DIR and the Vendor.
D. Day. Shall mean business days, Monday through Friday, except for State and Federal holidays. If
the MLA or Schedule calls for performance on a day that is not a business day, then performance
is intended to occur on the next business day.
E. Lessee. Any Texas state agency, unit of local government, institution of higher education as
defined in Section 2054.003, Texas Government Code, and those state agencies purchasing from a
DIR contract through an Interagency Agreement, as authorized by Chapter 771, Texas
Government Code, any local government as authorized through the Interlocal Cooperation Act,
Chapter 791, Texas Government Code, and the state agencies and political subdivisions of other
states as authorized by Section 2054.0565, Texas Government Code.
F. Lessor. The company acknowledged by Vendor, either Lexmark Financial Services, LLC or other
Order Fulfiller
as
agreed upon between DIR
and Vendor, which
acts
as
the
leasing source on behalf of the Vendor.
G. Rent. The payment by Lessee to Lessor of money for the lease of the Equipment covered by the
Schedule.
H. Vendor. Lexmark International, Inc.
2. Scope.
Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor the Equipment described on each
Supplementary Schedule ("Schedule") in the form of Exhibit A attached hereto, which is a separate agreement
executed from time to time by Lessor and Lessee and makes specif