-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EFjjLAp5W+JE1OnA3gcyeo2ha6oHQXbml/xXfl2PyDk5MQfR1/jM1Ie3sX1eGQkP cOQHN4hPI2zLsMGfPdAQfg== 0001011723-98-000007.txt : 19980218 0001011723-98-000007.hdr.sgml : 19980218 ACCESSION NUMBER: 0001011723-98-000007 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATEL CAPITAL EQUIPMENT FUND VII LP CENTRAL INDEX KEY: 0001019542 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 943248318 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-08879 FILM NUMBER: 98535912 BUSINESS ADDRESS: STREET 1: 235 PINE STREET 6TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159898800 MAIL ADDRESS: STREET 1: 235 PINE STREET STREET 2: SIXTH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 424B3 1 SUPPLEMENT DATED DECEMBER 31, 1997 SUPPLEMENT NO. 3 ATEL CAPITAL EQUIPMENT FUND VII, L.P. Supplement dated December 31, 1997 to prospectus dated November 29, 1996 of ATEL Capital Equipment Fund VII, L.P. (the "Fund"). The following is an update to the equipment acquisition summary in the prospectus reflecting all lessees and equipment leased through December 31, 1997. This supplement is to be used in conjunction with Supplement No. 2, dated August 31, 1997. Chrysler Corporation Moody's Credit Rating(1).....A3 Lease Financing of ..........Material Handling Equipment Lease Term...................5 years Equipment Cost(2)............Fully Funded: $982,293 Commencement Date of Lease...October to December 1996 Mobil Business Resources Corp.(8) Moody's Credit Rating(1).....Aa2 Lease Financing of...........Helicopters Lease Term...................3 years Equipment Cost(2)............Fully Funded: $1,650,000 Commencement Date of Lease...November 1996 Burlington Northern Santa Fe Corporation(3) Moody's Credit Rating(1).....Aa1 Lease Financing of...........Locomotives Lease Term...................13 months Equipment Cost(2)............Fully Funded: $5,010,960 Commencement Date of Lease...December 1996 General Electric Corporation Moody's Credit Rating(1).....Aaa Lease Financing of...........Blow Molding Machine Lease Term...................2 years Equipment Cost(2)............Fully Funded: $906,370 Commencement Date of Lease...January 1997 International Paper Company Moody's Credit Rating(1).....A3 Lease Financing of...........Trackmobile Lease Term...................5 years Equipment Cost(2)............Fully Funded: $248,952 Commencement Date of Lease...January 1997 Illinois Central Railroad Co.(4) Moody's Credit Rating(1).....Baa2 Lease Financing of...........Railcars Lease Term...................3 years Equipment Cost(2)............Fully Funded: $1,610,000 Commencement Date of Lease...January 1997 Cargill, Inc.(4) Moody's Credit Rating(1).....Aa3 Lease Financing of...........Covered Hopper Railcars Lease Term...................6 years Equipment Cost(2)............Fully Funded: $6,534,000 Commencement Date of Lease...January 1997 National Steel Corporation Moody's Credit Rating(1).....Ba3 Lease Financing of...........CAT Dozer Tractors Lease Term...................5 years Equipment Cost(2)............Fully Funded: $734,730 Commencement Date of Lease...April 1997 Southern Illinois Railcar Company(4) Lease Financing of...........Covered Hopper Railcars Lease Term...................4 years Equipment Cost(2)............Fully Funded: $462,000 Commencement Date of Lease...January 1997 Minteq International, Inc. Moody's Credit Rating(1).....BaaCE Lease Financing of...........Laser Measuring Machine Lease Term...................3 years Equipment Cost(2)............Fully Funded: $689,350 Commencement Date of Lease...January to March 1997 General Electric Corporation Moody's Credit Rating(1).....Aaa Lease Financing of...........Spectrometers Lease Term...................5 years Equipment Cost(2)............Fully Funded: $306,545 Commencement Date of Lease...March 1997 International Paper Company Moody's Credit Rating(1).....A3 Lease Financing of...........Loaders Lease Term...................4 to 6 years Equipment Cost(2)............Fully Funded: $630,795 Commencement Date of Lease...January to February 1997 General Electric Corporation Moody's Credit Rating(1).....Aaa Lease Financing of...........Trackmobile Lease Term...................5 years Equipment Cost(2)............Fully Funded: $166,602 Commencement Date of Lease...March 1997 Sisseton Milbank Railroad(4) Lease Financing of...........Covered Hopper Railcars Lease Term...................3 years Equipment Cost(2)............Fully Funded: $330,000 Commencement Date of Lease...January 1997 Sebastiani Vineyards, Inc. Lease Financing of...........Wine Barrels Lease Term...................3 to 5 years Equipment Cost(2)............Fully Funded: $872,061 Commencement Date of Lease...January 1998 Columbus & Greenville Railroad(4) Lease Financing of...........Railcars Lease Term...................16 months Equipment Cost(2)............Fully Funded: $667,000 Commencement Date of Lease...January 1997 Signature Flight Support Corporation Lease Financing of...........Fuel Trucks Lease Term...................11 years Equipment Cost(2)............Fully Funded: $760,000 Commencement Date of Lease...April 1997 Tarmac America, Inc.(5) Lease Financing of...........Wheel Loaders Lease Term...................18 months Equipment Cost(2)............Fully Funded: $350,000 Commencement Date of Lease...April 1997 National Steel Corporation Moody's Credit Rating(1).....Ba3 Lease Financing of...........Dozers and Loaders Lease Term...................5 years Equipment Cost(2)............Fully Funded: $3,666,101 Commencement Date of Lease...July 1997 Sematech, Inc. Lease Financing of...........Manufacturing Equipment Lease Term...................3 years Equipment Cost(2)............Fully Funded: $1,303,600 Commencement Date of Lease...October 1997 International Paper Company Moody's Credit Rating(1).....A3 Lease Financing of...........Material Handling Equipment Lease Term...................5 Years Equipment Cost(2)............Fully Funded: $539,438 Commencement Date of Lease...June to July 1997 Omnicom Group, Inc.(6) Moody's Credit Rating(1).....Baa2 Lease Financing of...........Furniture & Fixtures Lease Term...................5 years Equipment Cost(2)............Fully Funded: $20,292 Commencement Date of Lease...July 1997 Applied Magnetics Corporation Lease Financing of...........Manufacturing Equipment Lease Term...................5 years Equipment Cost(2)............Fully Funded: $4,152,810 Commencement Date of Lease...July 1997 Maxtor Corporation Lease Financing of...........Test Equipment Lease Term...................3 years Equipment Cost(2)............Fully Funded: $533,698 Commencement Date of Lease...September 1997 Minteq International, Inc. Moody's Credit Rating(1).....BaaCE Lease Financing of...........Research Equipment Lease Term...................3 years Equipment Cost(2)............Fully Funded: $1,019,585 Commencement Date of Lease...September 1997 to January 1998 National Steel Corporation Moody's Credit Rating(1).....Ba3 Lease Financing of...........Mining Equipment Lease Term...................5 years Equipment Cost(2)............Fully Funded: $1,747,828 Commencement Date of Lease...October 1997 Sematech, Inc. Moody's Credit Rating(1).....BaaCE Lease Financing of...........Manufacturing Equipment Lease Term...................3 years Equipment Cost(2)............Funded: $1,800,000 Remaining Lease Commitment: $600,000 Commencement Date of Lease...February 1998 International Paper Company Moody's Credit Rating(1).....A3 Lease Financing of...........Knuckle Boom Wheel Loaders Lease Term...................4 to 5 years Equipment Cost(2)............Fully Funded: $926,964 Commencement Date of Lease...September to October 1997 NVR, Inc. Moody's Credit Rating(1).....B2 Lease Financing of...........Manufacturing Equipment Lease Term...................7 years Equipment Cost(2)............Fully Funded: $591,046 Commencement Date of Lease...August to October 1997 Consolidated Rail Corporation Moody's Credit Rating(1).....Aa1 Lease Financing of...........Intermodal Containers & Chassis Lease Term...................7 Years Equipment Cost(2)............Fully Funded: $3,314,000 Commencement Date of Lease...September to November 1997 U.K. Local Authorities(7) Moody's Credit Rating(1).....BaaCE Lease Financing of...........Vehicles & Sanitation Trucks Lease Term...................30 to 66 months Equipment Cost(2)............Fully Funded: $5,381,076 Commencement Date of Lease...September 1997 International Paper Company Moody's Credit Rating(1).....A3 Lease Financing of...........Rail Log Cars Lease Term...................51 months Equipment Cost(2)............Fully Funded: $5,624,724 Commencement Date of Lease...October 1997 NVR, Inc. Moody's Credit Rating(1).....B2 Lease Financing of...........Manufacturing Equipment Lease Term...................7 years Equipment Cost(2)............Fully Funded: $137,921 Commencement Date of Lease...November 1997 U.K. Local Authorities(9) Moody's Credit Rating(1).....BaaCE Lease Financing of...........Sanitation & Maintenance Vehicles Lease Term...................29 to 113 months Equipment Cost(2)............Fully Funded: $28,811,289 Commencement Date of Lease...October 1997 Archer Daniels Midland Lease Financing of...........Tank Cars Lease Term...................Various Equipment Cost(2)............Lease Commitment: $42,875 Commencement Date of Lease...January 1998 Kraft Foods, Inc. Moody's Credit Rating(1).....A2 Lease Financing of...........Office Equipment Lease Term...................5 years Equipment Cost(2)............Fully Funded: $549,980 Commencement Date of Lease...November 1997 to January 1998 TASC, Inc. Lease Financing of...........Office Equipment Lease Term...................3 years Equipment Cost(2)............Fully Funded: $943,976 Commencement Date of Lease...October 1997 to January 1998 Mobil Business Resources Corp.(8) Moody's Credit Rating(1).....Aa2 Lease Financing of...........Helicopter Lease Term...................3 years Equipment Cost(2)............Fully Funded: $1,160,000 Commencement Date of Lease...October 1997 A.P. Moller (Maersk) Lease Financing of...........Intermodal Containers Lease Term...................52 months Equipment Cost(2)............Fully Funded: $2,280,100 Commencement Date of Lease...January 1998 Sierra Pacific Power Company & Idaho Power Company Moody's Credit Rating(1).....A2 Lease Financing of...........Coal Hopper Rail Cars Lease Term...................67 months Equipment Cost(2)............Fully Funded: $2,600,000 Commencement Date of Lease...December 1997 Ultrabeam Lithography, Inc.(10) Lease Financing of...........Manufacturing Equipment Lease Term...................4 years Equipment Cost(2)............Fully Funded: $330,995 Commencement Date of Lease...December 1997 to January 1998 Applied Magnetics Corporation Lease Financing of...........Office Equipment Lease Term...................60 to 63 months Equipment Cost(2)............Fully Funded: $7,975,841 Commencement Date of Lease...December 1997 to January 1998 Atmel Corporation Lease Financing of...........Manufacturing Equipment Lease Term...................8 years Equipment Cost(2)............Fully Funded: $4,114,596 Commencement Date of Lease...January 1998 Blue Star Line, Ltd. Lease Financing of...........Intermodal Containers Lease Term...................5 years Equipment Cost(2)............Fully Funded: $3,573,462 Commencement Date of Lease...January 1998 Mobil Oil Corporation Moody's Credit Rating(1).....Aa2 Lease Financing of...........Wheel Loader Lease Term...................3 years Equipment Cost(2)............Fully Funded: $92,773 Commencement Date of Lease...January 1998 Far East Shipping Company Lease Financing of...........Intermodal Containers Lease Term...................75 months Equipment Cost(2)............Fully Funded: $2,257,299 Commencement Date of Lease...January 1998 Kraft Foods, Inc. Moody's Credit Rating(1).....A2 Lease Financing of...........Furniture & Fixtures Lease Term...................7 years Equipment Cost(2)............Fully Funded: $1,154,439 Commencement Date of Lease...November 1997 to January 1998 U.K. Local Authorities(9) Moody's Credit Rating(1).....BaaCE Lease Financing of...........Medical Equipment Lease Term...................25 to 81 months Equipment Cost(2)............Fully Funded: $8,014,488 Commencement Date of Lease...October 1997 Grand Truck Western Railroad, Inc.(11) Moody's Credit Rating(1).....A3 Lease Financing of...........Boxcars Lease Term...................2 years Equipment Cost(2)............Fully Funded: $3,342,139 Commencement Date of Lease...January 1998 Dole Fresh Fruit Company Moody's Credit Rating(1).....Baa2 Lease Financing of...........Intermodal Containers Lease Term...................44 months Equipment Cost(2)............Fully Funded: $3,876,170 Commencement Date of Lease...January 1998 Nippon Yusen Kaisha, Ltd. (NYK Line) Moody's Credit Rating(1).....Baa3 Lease Financing of...........Intermodal Containers Lease Term...................8 years Equipment Cost(2)............Fully Funded: $8,715,760 Commencement Date of Lease...January 1998 National Steel Corporation Moody's Credit Rating(1).....Ba3 Lease Financing of...........Crane & Wheeel Loader Lease Term...................4 years Equipment Cost(2)............Fully Funded: $861,344 Commencement Date of Lease...January 1998 Omnicom Group, Inc. Moody's Credit Rating(1).....Baa1 Lease Financing of...........Office Furniture Lease Term...................5 years Equipment Cost(2)............Fully Funded: $1,007,401 Commencement Date of Lease...January 1998 Kawasaki Kisen Kaisha, Ltd. (K-Line) Lease Financing of...........Intermodal Containers Lease Term...................52 months Equipment Cost(2)............Fully Funded: $2,614,728 Commencement Date of Lease...January 1998 Xerox Corporation Moody's Credit Rating(1).....A2 Lease Financing of...........Manufacturing Equipment Lease Term...................5 years Equipment Cost(2)............Fully Funded: $3,521,046 Commencement Date of Lease...January 1998 Signature Flight Support Corporation Lease Financing of...........Fuel Trucks Lease Term...................8 to 11 years Equipment Cost(2)............Fully Funded: $620,000 Commencement Date of Lease...January 1998 Ultratech Stepper, Inc. Lease Financing of...........Manufacturing Equipment Lease Term...................4 years Equipment Cost(2)............Lease Commitment: $2,701,665 Commencement Date of Lease...April 1998 Triad International(3) Lease Financing of...........Aircraft Maintenance Equipment Lease Term...................6 to 8 months Equipment Cost(2)............Lease Commitment: $529,131 Commencement Date of Lease...December 1997 Burlington Northern Santa Fe Corporation Lease Financing of...........Locomotives Lease Term...................7 months Equipment Cost(2)............Lease Commitment: $16,362,000 Commencement Date of Lease...January 1998 Riceland Foods Lease Financing of...........Tank Cars Lease Term...................4 months Equipment Cost(2)............Lease Commitment: $130,032 Commencement Date of Lease...January 1998 Morton's Restaurants, Inc. Lease Financing of...........Furniture & Fixtures Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $2,200,000 Commencement Date of Lease...January 1998 TASC, Inc. Lease Financing of...........Office Equipment Lease Term...................3 years Equipment Cost(2)............Lease Commitment: $298,235 Commencement Date of Lease...January 1998 to April 1998 Signature Flight Support Corporation Lease Financing of...........Aviation Lease Term...................8 years Equipment Cost(2)............Lease Commitment: $348,211 Commencement Date of Lease...April 1998 Ultratech Stepper, Inc. Lease Financing of...........Manufacturing Equipment Lease Term...................4 years Equipment Cost(2)............Lease Commitment: $938,600 Commencement Date of Lease...April 1998 PVS Technologies Lease Financing of...........Tank Cars Lease Term...................Various Equipment Cost(2)............Lease Commitment: $672,388 Commencement Date of Lease...January 1998 Signature Flight Support Corporation Lease Financing of...........Aviation Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $681,624 Commencement Date of Lease...January 1998 Great Salt Lake Minerals Lease Financing of...........Tank Cars Lease Term...................9 to 20 months Equipment Cost(2)............Lease Commitment: $481,261 Commencement Date of Lease...January 1998 Stater Brothers Markets Moody's Credit Rating(1).....B1 Lease Financing of...........Furniture & Fixtures Lease Term...................2 months Equipment Cost(2)............Lease Commitment: $13,643 Commencement Date of Lease...December 1997 Danskin(3) Lease Financing of...........Textile Manufacturing Equipment Lease Term...................7 to 18 months Equipment Cost(2)............Lease Commitment: $179,077 Commencement Date of Lease...December 1997 GM Powertrain Moody's Credit Rating(1).....A3 Lease Financing of...........Forklifts Lease Term...................18 months Equipment Cost(2)............Lease Commitment: $352,520 Commencement Date of Lease...December 1997 Pioneer Chlor Alkali Lease Financing of...........Tank Cars Lease Term...................15 to 60 months Equipment Cost(2)............Lease Commitment: $1,614,144 Commencement Date of Lease...January 1998 Tarmac America, Inc. Moody's Credit Rating........Ba3 Lease Financing of...........Barges Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $7,335,250 Commencement Date of Lease January 1998 Koppers Industries Moody's Credit Rating(1).....B1 Lease Financing of...........Tank Car Lease Term...................Various Equipment Cost(2)............Lease Commitment: $5,400 Commencement Date of Lease...January 1998 Kraft Foods, Inc. Moody's Credit Rating(1).....A2 Lease Financing of...........Furniture & Fixtures Lease Term...................7 years Equipment Cost(2)............Lease Commitment: $797,339 Commencement Date of Lease...January 1998 Farmland Hydro, L.P. Lease Financing of...........Tank Cars Lease Term...................16 months Equipment Cost(2)............Lease Commitment: $370,808 Commencement Date of Lease...January 1998 Anchor Glass Moody's Credit Rating(1).....B1 Lease Financing of...........Computer Equipment Lease Term...................20 months Equipment Cost(2)............Lease Commitment: $404,994 Commencement Date of Lease...October 1997 Sebastiani Vineyards Lease Financing of...........Food Processing Lease Term...................Various Equipment Cost(2)............Lease Commitment: $223,765 Commencement Date of Lease...January 1998 to April 1998 Seaboard Trading Lease Financing of...........Tank Cars Lease Term...................22 months Equipment Cost(2)............Lease Commitment: $622,515 Commencement Date of Lease...January 1998 Wisconsin Packing Lease Financing of...........Forklifts Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $91,850 Commencement Date of Lease...February 1995 National Steel Corporation Moody's Credit Rating(1).....Ba3 Lease Financing of...........Mining Equipment Lease Term...................4 years Equipment Cost(2)............Lease Commitment: $867,082 Commencement Date of Lease...April 1998 Wayne Farms Lease Financing of...........Agricultural Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $64,686 Commencement Date of Lease...January 1994 PCS Phosphate Lease Financing of...........Tank Cars Lease Term...................25 months Equipment Cost(2)............Lease Commitment: $175,000 Commencement Date of Lease...January 1998 Alliant Techsystems Lease Financing of...........Test Equipment Lease Term...................36 months Equipment Cost(2)............Lease Commitment: $138,505 Commencement Date of Lease...September 1995 to May 1996 Anchor Glass Lease Financing of...........Packaging Equipment Lease Term...................53 to 56 months Equipment Cost(2)............Lease Commitment: $371,282 Commencement Date of Lease...November 1993 Avon Products Lease Financing of...........Office Equipment Lease Term...................3 years Equipment Cost(2)............Lease Commitment: $29,415 Commencement Date of Lease...June 1996 Consolidated Diesel Lease Financing of...........Machine Tools & Office Equipment Lease Term...................3 years Equipment Cost(2)............Lease Commitment: $30,858 Commencement Date of Lease...November 1995 to March 1996 Rencoal(3) Lease Financing of...........Trucks Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $805,181 Commencement Date of Lease...January 1994 Danskin(3) Lease Financing of...........Manufacturing Equipment Lease Term...................2 years Equipment Cost(2)............Lease Commitment: $76,640 Commencement Date of Lease...January 1997 Empire Blue Cross Lease Financing of...........Furniture Lease Term...................6 years Equipment Cost(2)............Lease Commitment: $696,766 Commencement Date of Lease...March 1995 Exel Logistics Lease Financing of...........Transportation Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $133,947 Commencement Date of Lease...April 1993 Hartz Foods Lease Financing of...........Refrigeration Units Lease Term...................4 years Equipment Cost(2)............Lease Commitment: $18,422 Commencement Date of Lease...October 1994 Henry General Hospital Lease Financing of...........Imaging Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $185,700 Commencement Date of Lease...June 1996 Hughes Network Systems Lease Financing of...........Communications Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $97,237 Commencement Date of Lease...September 1993 Hyplains Beef Lease Financing of...........Agricultural/Food Processing Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $1,364,007 Commencement Date of Lease...November 1993 IBM Corporation Lease Financing of...........Stereolithography Equipment Lease Term...................3 years Equipment Cost(2)............Lease Commitment: $30,026 Commencement Date of Lease...August 1995 International Rectifier Lease Financing of...........Manufacturing Equipment Lease Term...................4 to 5 years Equipment Cost(2)............Lease Commitment: $589,829 Commencement Date of Lease...March 1993- to October 1993 ITO Corporation Lease Financing of...........Forklifts Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $240,488 Commencement Date of Lease...March 1994 to July 1995 Louisiana Worker Lease Financing of...........Office Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $2,199 Commencement Date of Lease...February 1994 Maxtor Lease Financing of...........Test Equipment Lease Term...................2 years Equipment Cost(2)............Lease Commitment: $241,310 Commencement Date of Lease...July 1996 North American Chemical Lease Financing of...........Manufacturing Equipment Lease Term...................3 years Equipment Cost(2)............Lease Commitment: $18,809 Commencement Date of Lease...June 1995 to July 1996 Pentagon Systems Lease Financing of...........Electronic Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $106,842 Commencement Date of Lease...December 1995 PlasmaQuest Lease Financing of...........Computer Lease Term...................1 year Equipment Cost(2)............Lease Commitment: $6,406 Commencement Date of Lease...September 1997 Ralph's Grocery Lease Financing of...........Forklifts Lease Term...................56 months Equipment Cost(2)............Lease Commitment: $275,385 Commencement Date of Lease...July 1993 Rose Acres Farms Lease Financing of...........Agricultural Equipment Lease Term...................82 months Equipment Cost(2)............Lease Commitment: $185,461 Commencement Date of Lease...June 1992 Sarif, Inc.(3) Lease Financing of...........Manufacturing Equipment Lease Term...................28 months Equipment Cost(2)............Lease Commitment: $224,702 Commencement Date of Lease...September 1997 Smitty's Super Valu Lease Financing of...........Grocery FF&E Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $451,861 Commencement Date of Lease...April 1993 Southern Pacific Railroad Lease Financing of...........Locomotives Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $795,316 Commencement Date of Lease...October 1993 South West Health Center Lease Financing of...........Medical Equipment Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $13,000 Commencement Date of Lease...February 1993 Thompson Pipe & Steel Lease Financing of...........Office Equipment Lease Term...................4 years Equipment Cost(2)............Lease Commitment: $31,918 Commencement Date of Lease...February 1994 Thomson Saginaw Ball Screw Co. Lease Financing of...........Machine Tools Lease Term...................5 years Equipment Cost(2)............Lease Commitment: $488,917 Commencement Date of Lease...May 1994 Triad International Maintenance Corp. Lease Financing of...........Maintenance Equipment Lease Term...................7 years Equipment Cost(2)............Lease Commitment: $424,993 Commencement Date of Lease...March 1998 Wagner College Lease Financing of...........Office Equipment Lease Term...................2 years Equipment Cost(2)............Lease Commitment: $91,951 Commencement Date of Lease...July to September 1998 - ---------------------------------------------------------------------- ATEL Capital Equipment Fund VII, L.P. Total Equipment Cost(as of December 31, 1997) Funded to Date:..............$142,088,567 Commitments to be Funded:.....$47,653,407(12) Total Cost:..................$189,741,974 - ---------------------------------------------------------------------- (1) Credit rating as listed by Moody's Investor Services as of the date of this report. "N/R" signifies that either the company has no public debt or has not been issued a rating. "BaaCE" indicates a credit equivalent of Baa or better as determined by the General Partner. The credit rating of guaranteed Leases is that of the Guarantor. (2) The "equipment cost" for each of the Fund's lease transactions may reflect a fully funded acquisition, a partially funded commitment or a lease commitment which has not yet been funded. Transactions for which the equipment cost is characterized as "fully funded" reflect the actual amount invested in the transaction as of the date hereof, and no further funding is anticipated for these transactions. The equipment cost for partially funded transactions is described by the remaining lease commitment and the amount actually funded as of the date hereof. For transactions which have not yet been funded, the equipment cost reflects only the lease commitment. For those leases which are not fully funded as of the date hereof, the amount of the lease commitment and the stated range of commencement dates of the lease represent the Fund Manager's best estimate as to the ultimate size and timing of the transaction, based on the Fund's lease commitment to the lessee, its discussions with the lessee regarding funding requirements and timing, the current and anticipated availability of Fund capital and other factors. There can be no assurance, however, that any portion of a transaction which has not yet been funded will be completed as described. (3) Purchase price escrowed due to lessee credit rating. (4) Part of a portfolio managed by MRX Corporation. Lease term represents the remaining months of the existing lease contract. (5) Co-lessee with Tarmac Mid-Atlantic, Inc. and Tarmac Florida, Inc. Lease is guaranteed by Tarmac PLC. (6) Guaranteed by Omnicon Group, Inc. Actual Lessees are various subsidiaries of OmnicomGroup, Inc.. (7) A portfolio purchased from Hambros Vendor Finance Limited. Lease term represents the remaining months of the existing lease contracts. (8) Guaranteed by Mobil Corporation (9) A portfolio purchased from Hastings Leasing Limited. Lease term represents the remaining months of the existing lease contracts. (10) Guaranteed by Ultratech Stepper, Inc. (11) Guaranteed by Canadian National Railway Company (12) Includes rail cars totaling $381,939 not currently on lease which were part of a purchased lease portfolio. Note: Some lessees may be a portion of acquired portfolios of leases. Status of the Offering As of December 31, 1997, the Fund had received and accepted subscriptions for 6,716,846 units for total subscriptions in the amount of $67,168,460. As of this date, the Fund had committed all of such proceeds to equipment costs, offering and organization expenses and capital reserves. -----END PRIVACY-ENHANCED MESSAGE-----