Agenda - 06-15-1999 - I - Laserfiche WebLink

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unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision of this Agreement. Entire Contract. This Agreement, including .the Exhibits, constitutes the entire agreement between the Parties with respect to its subject matter. Counterparts. This Agreement may be signed in several counterparts, including separate counterparts. Each will be an original, but all of them together constitute the same instrument. Recordable Form. As this Agreement limits the Parties' rights to dispose of their respective ownership interests in the Greene Tract, any Party may cause this Agreement to be filed in the real property records in the office of the Register of Deeds of Orange County. Withdrawal, Any Party may withdraw from this Agreement (and thereby cease to be a Party to this Agreement) upon notice given to all the other Parties and subject to the following additional provisions: (a) A withdrawal may be effective only upon the beginning of a Fiscal Year. A Town may withdraw only with at least one`year's notice. The County may withdraw only with at least two years' notice. (b) No withdrawal will relieve a Party of its obligations under Part 2 so long as there is System Debt Outstanding; provided, however, that System Debt first issued or contracted after the date a Party gives notice of withdrawal will be disregarded for the purposes of this paragraph., (c) No. withdrawal will relieve any Party of its individual liability, if any, under environmental laws or otherwise, related to its respective use or ownership of the System which may accrue or which has accrued prior to the effective date of such Party's withdrawal. Actions by a Party. Any references to approvals or other actions by any Party will be deemed to be references to actions taken by the Party's Governing Board or taken pursuant to express, specific direction given by the Party's Governing Board. Agreed-Upon Procedures. The terms, conditions and procedures for transferring employees and assets to the County as provided for by Part 1, and for transferring the property described on Exhibit E to the County as provided for by Part 3, in all cases shall be as agreed upon by the County, Carrboro and Chapel Hill. Effective Date; Term. This Agreement shall take effect immediately upon its execution and delivery by all the Parties, except that as indicated in Part 1, the County will assume solid waste management responsibility as described in this Part 1 on January 1, 2000: This Agreement will continue in effect so long as there are at least two Parties to the Agreement. Draft of June 1, 1999 16