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HomeMy WebLinkAboutTotal Computing - Catering Computer System - $75,793.02 Regions 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 Amount to be paid by Carmel Theater Development Company as per the Catering Computer System and Software installment purchase contract Invoice 127901 (Total Computing LLC) October 2010 $ 75,793.02 Total Authorized Disbursement $ 75,793.02 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: 1111/D CITY OF CARMEL REDEVELOPMENT COMMISSION By: Les S. Olds Printed: Executive Director Title: 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. Total Computing LLC Service, Support and supplies Invoice 2204 Duke Street call Indianapolis, IN 46205 Phone 1-877-853-1263 Date Invoice# Fax 1-317-853-1264 11/24/2010 127901 Sold To Ship To Carmel Theater Develoment Company, LLC. 11711 N. Pennsylvania Suite 200 Carmel, IN 46032 Due Date Terms 11/24/2010 Description Qty Rate Amount Point of Sale hardware and software purchase-please refer to 1 75.793.02 75,793.02 quote for more detail. Reference P.O.476771 Sales Tax 7.00% 0.00 Total $75,793.02 Payments/Credits $0.00 Balance Due $75,793.02 Total Computing Check: 19 2204 Duke Street Date: 12/1/2010 Indianapolis, IN 46205 Vendor: TOTALCOM Prior Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid 127901 75,793.02 75,793.02 0.00 0.00 75,793.02 Point of sale hardware 75,793.02 75,793.02 0.00 0.00 75,793.02 19 12/1/2010 ************75,793.02 THE SUM OF SEVENTY FIVE THOUSAND SEVEN HUNDRED NINETY THREE DOLLARS AND 02 CENTS Total Computing 2204 Duke Street Indianapolis, IN 46205 Total Computing Check: 19 2204 Duke Street Date: 12/1/2010 Indianapolis, IN 46205 Vendor: TOTALCOM Prior Invoice P.O. Num. Invoice Amt Balance Retention Discount Amt. Paid 127901 75,793.02 75,793.02 0.00 0.00 75,793.02 Point of sale hardware 75,793.02 75,793.02 0.00 0.00 75,793.02