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Home My WebLink AboutC87-045 Loaned equipment agreement with Lipson Oil4 LOAN1i1D EQUIPMENT AGRI±;'EMENT MEMORANDUM (P AGREEMENT, Made and entered into this 23 day of ma.rrh__, 19 _, by anC; between•Lipson Oil Company, a corporation (hereinafter called "Loco"),.party of the first pari;, and Eagle County -Government _ of , party of the second part. Cs7-45-50 WITNESSETH: That, 'In consideration of the sum of $65.96 per• month. rent hereto in hand paid by the other, the receipt whereof' is hereby achtiowledged, the parties hereto have agreed and do hereby agree as follows: 1. Loco agrees: (a) That the party of the second part tray, during the term hereof', and upon the terms and conditions hereof, use at his place of business hereinafter designated, the fixtures, equipment and appliances hereinafter described, belongiog to LOCO and -now in possession of the parity of the second part; (b) That it will, within rilxty (60) days after i:he termination of this agreement by lapse of time, or otherwise, remove from said premises, such equip- ment, fixtures -and appliances that may belong to it. 2. The party of the second part does hereby acknowledge that he (has/ shall #lave) in his possession on the premises known as .5 mile marker, Colorado, East of Dotsero, Colo. River Road in the city of County oa'_ Eagle � iii the state of L;oloraao and equipment belonging to Loco, to -wit:, the ('ollowing described fixture: 1 - 2,0-0.0- gallon steel petroleum storage 1 12 volt petroleum transfer pump tank tDgether with the necessary appliances attached thereto, and does hereby agree; .(a),To keep and maintain said fixtures, equipment and appliances in good condition and repair, and pay any inspection fees and or/ licenses applicable thereto; •(b) Not to remove said fixtures, equipment and appliances or any part thereof, from said premises, nor to deliver possession thereof to any other person, firm ;or;,corporation: '(c) Not to encumber or attempt to encumber or sell the same or any part thereof; (d) Not to do or suffer to be done anything whereby said fixtures, equipment and appliances may be seized or taken on execution or attachment, destroyed or injured or by which the title of Loco thereto may in any way be affected, destroyed, prejudiced or impaired; I Ce -I' At the'. termination hereof , to deliver -up possession of said equipment', fLxture& and appliances- to Loco in as good . a condition as when received, ordinary wear ancl tear excepted. 3. It is -mutually agreed: I (al That this: Loaned,Equipment Agreement shall continue until terminated !YT either of -the parties hereto at anytime hereafter upon ten (iO),daysl written notice t6-the'other'; (A) .That wIthin -sixty .60),days after the termination hereof, Loco shall have the'right,to enter -upon said premises and remove said fixtures, equipment 44, applIanc-es: 'helonging to it and each. and every part thereof, doing whatever a 11 is" npceaaarr for tl�ai purpose without liability, or expense 'either to the -party of t"'seqorid part. or to any other party for anything it may do reasonably nectesw 1 1 t remove said fixtures,.equipment and appliances; 0 Ca. ,3�-�agreement constitutes the entire agreement of the parties concerning the. suWect �matter hereof',, .'and any, and all previous . agreements concerning I the --same are heireby, modified. accordingly; i '(:d)That this agreement shall be.binding upon not only the immediate parties hereU)*,'_bA�.,upon-their respective succes,sors, heirs ,.executors and administrators, IN WITNESS' WHEREOF,, the parties hereto have caused 'this agreement to be'executed,in triplicate as of the day and year first above written. Lipson Oil Company By.' —tba Parly OT —Fire*4* t Arty of the Second Part' LOANED ERU•1'PMERT AGREEMENT � • 1 MEMORANDUM (F AGREEMENT, Made and entered into this 2,3 day of March 19_&7_ ° , by and between Lipson Oil Company, a corporation (hereinafter called z. ."Loco") , , party of the first part , and Eagle County Goverhmen t of party of the second part. WITNESSETH: That, ;.,-In consideration of the sum of $65.96 per' month. rent hereto in hand paid by the other, the receipt whereof' is hereby achiiowledged, the parties hereto have agreed and do hereby agree as follows: 1. Loco agrees: (a) That the party of the second part may, during the term hereof, and upon..the terms and conditions hereof', use at his place of business hereinafter designated, the fixtures, equipment and appliances hereinafter described, belonging to LOCO and,now in possession of the party of the second part; (b) That it will, within sixty (60) days after the termination of this agreement by lapse of time, or otherwise, remove from said premises, such equip - meth, fixtures and appliances that may belong; to it. 2. The party ofthe second part does hereby acknowledge that he (has/ shall have), in his possession on the premises known as .5 mile marker, Colorado, East of Dotsero, Colo. River Road in' the city of County of Eagle id 'the State of Colorado the Following described fixtures and.equipment belonging to Loco, to -wit:,_ 112,GaG gallon steel petroleum storage tank 1 12 volt petroleum transfer'pump together with the necessary appliances attached thereto, and does hereby agree; .(a),To keep and maintain said fixtures, equipment and appliances in good condition and repair, and pay any inspection fees and or/ licenses applicable thereto; (b) Not to remove said fixtures, equipment and appliances or any part thereof, from said premises, nor to deliver possession thereof to any other person, firm or corporation; t (c) Not to encumber or attempt to encumber or sell the same or any part thereof; a (d) Not to do or suffer to be done anything whereby said fixtures, equipment, and appliances may be seized or taken on execution or attachment, destroyed or injured or by which the title of Loco thereto may in any way be affected, destroyed, prejudiced or impaired; ;. Ce-J'At the'term'inotiQn hereof, to.d.eliver up possession of said equipment, fi4tures and appliances- to Loco in as good's, condition as when received, ordinary wear and tear excepted. 3. It is -mutually agreed; (al That this: Loaned Equipment Agreement shall continue until terminated by either of -the parties hereto at anytime hereafter -upon ten (10),dayal written notice to .thee other; C4) .That within sixty '('60).days after the termination hereof, Loco shall have the'right-to enter -upon said premises and remove said fixtures, equipment, jxi4L&pplianaes: telopgi.ng to it and each. and every part thereof, doing whatever is' ' necessary for that purpose without liability or expense either to the party of t4a'secorid, paxt.or to any other party for anything it may do reasonably neeepaAry to remove said fixtures,,equipmen't and appliances; (:c-1-Thi-ir.agreement constitutes the entire agreement of the parties concerning the. i0ject-mat , ter hereof*, .'and any and all previous agreements concerning the --same are hisieby, modified. accordingly-, (d)L'That this agreement shall be.binding upon not only the immediate parties ..heretb', '_bo.,upon- their respective successors, heirs,. executors and administrators, TN WITNESS WHEREOF,.the parties hereto have caused this agreement to be'executed.in triplicate as of the day and year first above written., Lipson 011 ;i Com anyny By, Pa ,F/ty of the Second Part CII a e LOANED EQUIPMENT ACREEENT MEMORANDUM (F AGREEMENT, Made and entered into this 23 day ofMa,rch , 19 a L. _,,by and between Lipson Oil Company, a corporation (hereinafter called) ),party of the first rst part, and Eagle. County Government Loco, of party of the second part. WITNESSETH: That, r; In consideration of the sum of $65.9.6 per* month rent hepeto_in hand paid by the other, the receipt whereof' is hereby acl:uowledged, the':;parties hereto have agreed and do hereby agree as follows:' 1.Loco agrees: (a) That the party of the second part may, during the term hereof,' and $' upon,the terms and conditions hereof', use at his place of business hereinafter, des-,gnated, the fixtures, equipment and appliances hereinafter described, belonging to LOCO and•now in possession of the party of the second part; (b) That it will,, within sixty (60) days after the termination of this agreement by lapse of time, or otherwise, remove from said premises, such equip - meat, fixtures -and appliances that may belong, to it. 2. The party of the second part does hereby acknowledge that he (has/ shall. )iave), in his possession on the premises known as .5 mile marker, Colorado, River Road �► in' the city of East of Dotsero, Colo. County of Eagle ill the State of Colorado `the following described fixtures and equipment belonging to Loco, to -wit:' a 1 -- 2,Gaa gallon steel petroleum storage tank i 1 - 12 volt petroleum transfer pump v kz: 6 iagether with the necessary appliances attached thereto, and does hereby agree; .(a) To keep and maintain said fixtures, equipment and appliances in good t condition and repair, and pay any inspection fees and or/ licenses applicable thereto; (b) Not to remove said fixtures, equipment and appliances or any part thereof," from said premises, nor to deliver possession thereof to any other person, firm a or :corporation: (c) Not to encumber or attempt to encumber or sell the same or any part thereof; (d) Not to do or suffer to be done anything whereby said fixtures, equipment -and appliances.may be seized or taken on execution or attachment, destroyed or injured or by which the title of Loco -thereto may in any way be affected, .destroyed, prejudiced or impaired; ' K 5. t. (, Ce•),' At the' termination hereof, to.deliver up possession of said equipment, fixtures and appliances- to Loco in as good'a condition as when received, ordinary wear and tear excepted. 3. It is -mutually agreed: Card That this: Loaned*Equipment Agreement shall continue until terminated br either of -the parties - hereto at anytime hereafter upon ten (10),days.' written notice to •the other'; (,Ya.). That within •sixty '('60), days after the termination hereof, Loco shall have the'right•to enter upon said premises and remove said fixtures, equipment and apXali.anc.es 'belonging to it and each. and .every part thereof, doing whatever r'} is necessary for that purpose without liability or expense either to the party of t%'seporid part.or to any other party for anything it may do reasonably neaesasr3r to remove said fixtures,.equipment and appliances; 'Thiir.agreement constitutes the entire agreement of the parties concerning the, sulljeat •matter hereof', .'and any and all previous- agreements concerning the serge are hereby modi fied. accordingly; a.'(,di.That this agreement shall be.Minding upon not only the immediate parties .•hexetb*, ..upon- their respective saucoes•sors , heirs,. executors and administrators, k` , IN. WITNESS' WHEREQP,. the parties hereto have caused 'this agreement to be'executed,in triplicate as of the day and year first above written. Lipson 'CiT n y i Party of the First Part . 'X� rty of the Second Part i S� JV J 0 MY t a t t S� JV J 0 MY