HomeMy WebLinkAboutAlexis Manufacturing/final payment - $87,218.50Regions Bank hereby is instructed to make a disbursement of Loan Proceeds from the Borrower Loan
Account to (or for the account of) Borrower in: (a) the amount of the "Total Authorized Disbursement" line
in the "Amount of Authorized Disbursement" column below; and (b) accordance with the terms and
conditions of the Agreement, the other Loan Documents, and the Disbursement Instructions.
Purpose of Authorized Disbursement
Amount of Authorized Disbursement
Final Payment — Loose Seating (Alexis Manufacturing)
$87,218.50
Total Authorized Disbursement
•$ 87,218.50
All terms used in these Disbursement Instructions without definition shall have the meanings ascribed
thereto in that certain Loan Agreement (Equipment and Improvements), dated July 22, 2010, by and
between Regions Bank and Carmel Theater Development Company, LLC.
Dated: 12/17/10
CITY OF CARMEL
COMMISSION
By:
REDEVELOPMENT
Printed:
Title:
Les S. Olds
Executive Director
It is acknowledged and agreed by the parties that CRC has reserved the right to require, as a condition of
authorizing disbursement of Loan Proceeds from the Borrower Loan Account to (or for the account of)
Borrower: (a) completion of a satisfactory inspection by CRC of the portions of the Equipment and /or the
Improvements to which the disbursement relates; and (b) receipt of customary submittals.
1► �( f
ALEXIS
M A N U F A C T U R I N G
Sold To: Carmel Theater Devel Co LLC
11711 N Pennsylvania St
Suite 200
Carmel IN 46032
Ship To:
Invoice Number:
11101215-1
Page: 1
3188 Wilson Drive NW Walker Michigan 49544
Office: 616- 735 -3905 Fax: 616- 735 -3908
The Palladium
777 - 3rd Ave
Carmel IN 46032
Invoice Date: Customer No:
12/15/2010 CARMEL
Customer Order: Terms: Ship Via:
476554 Due Upon Recipt Gust. Carrier
Qty Description Unit Price Amount
1 Balance Payment for $ 87,218.50 $ 87,218.50
Palladium Loose Seating
Second Delivery
INVOICE
Total Amount Due: $ 87,218.50
SHIPMENTS F.O.B. FACTORY -NO ANTICIPATION ALLOWED
11/2% PER MONTH (18% ANNUAL RATE) SERVICE CHARGE ON PAST DUE ACCOUNTS
This is to certify that the merchandise billed has been produced in accordance with the fair standards act 011938, as amended. Claims must be reported immediately. Goods shipped at risk of
purchaser. Authorization must be received from factory prior to return of merchandise. We reserve the right to ship at the prices in effect at the date of shipment. Buyer understands and agrees that
the product will be manufactured by Alexis in conformity with the plans, designs, specifications, and written instructions provided by the Buyer; and any failure of the product to perform to the Buyer's
satisfaction results from defects in the Buyer's plans, designs, and specifications; and other written instructions. Furthermore, any statements made by Alexis as to the expected performance and
merchantability of the product are based on the Buyer's plans, designs, specifications; and any failure of the product to perform with any statements made by Alexis are result of the Buyer's plans,
and other instructions not accurately reflecting the Buyer's needs. In particular, we make no warranty of merchantability of fitness for a particular purpose and disclaim all warranties in connection
with the goods as to the design and specifications for the above product.
Alexis Manufacturing
3188 Wilson Drive, NW
Walker, MI 49544 -7564
Invoice P.O. Num.
11101215 -1 -2
Balance for loose seating
Check: 27
Date: 12/18/2010
Vendor: ALEXIS M
Prior
Invoice Amt Balance Retention Discount Amt. Paid
87,218.50 87,218.50 0.00 0.00 87,218.50
87,218.50 87,218.50 0.00 0.00 87,218.50
27
12/18/2010 * * * * * * * * * ** *87,218.50
THE SUM OF EIGHTY SEVEN THOUSAND TWO HUNDRED EIGHTEEN DOLLARS AND 50 CENTS
Alexis Manufacturing
3188 Wilson Drive, NW
Walker, MI 49544 -7564
Alexis Manufacturing
3188 Wilson Drive, NW
Walker, MI 49544 -7564
Invoice P.O. Num.
11101215 -1 -2
Balance for loose seating
Check: 27
Date: 12/18/2010
Vendor: ALEXIS M
Prior
Invoice Amt Balance Retention Discount Amt. Paid
87,218.50 87,218.50 0.00 0.00 87,218.50
87,218.50 87,218.50 0.00 0.00 87,218.50