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Exhibit 6.5 Alvertos Company: Lease Amortization Schedule (Lessee's Computation); Annuity Due Basis and Guaranteed Residual Value (GRV) Date Lease Executory Interest at 10% on Unpaid
Exhibit 6.5 Alvertos Company: Lease Amortization Schedule (Lessee's Computation); Annuity Due Basis and Guaranteed Residual Value (GRV) Date Lease Executory Interest at 10% on Unpaid Payment Plus Costs (b) Reduction of Balance of Lease Obligation Lease (d) Obligation GRV (a) Obligation (c) 1/1/96 Liability (e) $50,000.00 $38,381.457 $30,601.059 $22,042.621 $12,628.34 $ 2,272.631 S---------- 1/1/96 $14,618.543 $3,000 S-------- $11,618.543 1/1/97 $14,618.543 $3,000 $ 3,838.145 $ 7,780.398 1/1/98 $14,618.543 $3,000 $ 3,060.105 $ 8,558.438 1/1/99 $14,618.543 $3,000 $ 2,204.262 $ 9,414.281 1/1/00 $14,618.543 $3,000 $ 1,262.834 $10,355.709 12/31/00 $ 2,500.000 $ 227.263 $ 2,272.03* $75,592.715 $15,000 $10,592.609 $50,000.00* *rounded (a) Required lease payments (b) Executory costs paid by the lessee and included in rental payments (c) Column (e) at the preceding balance X 10% except for 1/1/96 (d) (a) - (b) - (c) (e) Preceding balance (d)
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