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...Master equipment lease and sublease agreement this dated as of the entered into by among lessor new jersey educational facilities authority a body corporate politic public instrumentality duly organized validly existing under laws state lessee institution higher education sub witnesseth whereas is authorized including law chapter n j s et seq amended supplemented act to provide for financing defined in pursuant acquire purchase hold real personal property parties hereto desire that from time certain be specified described each schedule hereinafter b such on terms conditions set forth connection with execution shall deposit an acquisition fund custodian held administered account control term amount represented sufficient identified make rental payments other directly behalf possession use ownership no deemed constitute debt or liability moral obligation any political subdivision thereof pledge faith credit taxing power but special limited payable solely draft security payment all obliga...