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AG 2007 06 18
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AG 2007 06 18
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Last modified
9/26/2007 2:40:23 PM
Creation date
11/27/2017 11:30:53 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/26/2007
Board
Board of Commissioners
Meeting Type
Regular
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circumstances, shall not be affected thereby and each remaining provision of this <br />Sublease shal] be valid and enforceable to the fullest extent permitted by law. <br />25. Time of the Essence. Except as otherwise expressly provided herein, time is of the <br />essence with respect to all required acts of Subtenant and Sublessor under this Sublease. <br />26. Commissions. Sublessor and Subtenant wanant and represent that they have not <br />dealt with any broker or sales person in connection with this Sublease. Sublessor and <br />Subtenant further represent they have not dealt with any other person that would create <br />any liability for fhe payment of a commission by the other party. The party who breaches <br />this warranty shall defend, hold harmless and indemnify the non-breaching party from <br />any claims or liability arising from the breach. <br />27. Notices. All notices, demands, consents and approvals which may be or are required <br />to be given by either party to the other hereunder shall be in writing and shall be deemad <br />to have been fully given and received upon actual delivery (or refusal to accept delivery) <br />to the address of all parties designated to receive notice as set forth on the first page of <br />this Sublease or to such other place as either party shall notify the other party in writing <br />from time to time. Notices, demands, consents and approvals shall be deemed properly <br />given only by: (a) personal delivery; ar(b) sent by a nationally recognized overnight <br />delivery service; or (c) deposit in the United States mail certified, return receipt requested <br />with postage prepaid. <br />28. Paragraph Headings/Entire Aareement. Paragraph headings are for convenience <br />ottly and shall not be deemed a controlling part of this Sublease agreement. This Sublease <br />contains the entire agreement between the parties with respect to its subject matter. This <br />Sublease may be amended only by subsequent written agreement between the parties. <br />Except for those that are set forth in this Sublease, no representations, prior written or <br />oral promises, warranties or agreements made by Sublessor or Subtenant shall be <br />applicable to this Sublease. <br />29. Governine Law. This Sublease shall be governed by and shall be construed and <br />interpreted in accordance with the laws of the State of North Carolina. The parties agree <br />to use their best efforts to resolve any conflicts that arise under this Sublease prior to <br />resorting to litigation. However, in the event of litigation hereunder, the parties agree to <br />the personal jurisdiction of the courts of Cabarrus County, North Carolina for resoiution <br />of such dispute. <br />30. Memorandum of Lease. At the request of either party, Sublessor and Subtenant <br />agree to promptly execute a recordable memorandum of this Sublease setting forth the <br />names and addresses of the parties, the date of execution, a specific legal description of <br />the Land, the actual Commencement Date of the Initial Term or any Renewal Term of the <br />Sublease, which memorandum may be recorded by the requesting party at its expense in <br />the appropriate public records. <br />U~~~ <br />
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