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<br /> athet GoamtY emP1sY'ees. �e C�t-Y �d �� •8i.].� tti7.]. devalap a -
<br /> 3eta�.led s�•f,�*�p c�c�ariag the t�tal px�-traasfer aad post-+-,-�,�•�er
<br /> c�peasa�i.cQS faar each S`ys� ip].ayee. C�ape1 H�1]- '�-I�]- sead a oopy-cf - .
<br /> �he ca�pleted sch�nle to Carrboro. _
<br /> • . gr•�_,� gge�a asBetis. Tb.e c�ttY vPill ac�+� �7.]. right. title
<br /> aad iater�st to a1Z S�stiag spstem AsBets. Ta.tle to fhe cTre�*+p Tra.�t,
<br /> 3saTaever si�a7.1 a,�t be cx�vayed tc_ tbe Cat�tttY g++n"suao�.* ta this -
<br /> pa��` of �hi.s �Q,-ea...a,;�
<br /> n$; gart 5 3.B 3nd 6`1ia11 �ie the �OQ71'y patti.Gra. 7 . ,
<br /> - af fectiag�the state of the title to t�e �a*+p R`r�ct• _ • : . . ,
<br /> • Ass�s� SYS� �liabilitf.es. T�e 'l:ava�y ir�.11 ase�me:� all .
<br /> � Tiabilities. . i.iic7-udia J �*+vi.z�a,�e�.t.� �{��,;��t,i;es, ' re7.ated ta the
<br /> ' n.�++p�hip of the Syst�� �.ucludi.agr to•'the exteat pexm�tted hy ].3w, � .
<br /> .a,ll li.abilities related to the a�aership of ��-=� sy�t� Assets
<br /> �hich have acczv.ed or i�hi.eh��g acerae prior to th� Tra�sfer Date.
<br /> � '1'�]$ P3�t�.£Sr �PEVE�� Sll�.l. Z'8'�a�n �7.�' ].I1i�f4�.E�tI�. 1�31]�.�.1�� ].f , .
<br /> • ' an,Irl vader R,+t*�,Y,,,,,�„�tai_ laova at=d a*t,«,-�±ae, r�lated ta tf�ei.r _ , . _.
<br /> ' re�^�-;v2 use 'of tl�e Syste�a bot.h be�ore atid. after tbe Traasfe��D,ate
<br /> (as, fa�r �►le. aay �;��+;�3 tIr a�i�3�g fr�u thei� d�;7.ivering, or -
<br /> aausi.ag to be .de].ivered, Solid i�as�e to b'�rst� M�ag�aeat Fa.cilit�.es) . '
<br /> • T9ze Partie5 a.c�aar�ledge tl�at•�he't�mty's asstuapti:o�t of- liaba.Ii.ties as
<br /> • �P�Cr}�a � �}y� =+ar+�aA_,i� tisa�era=ls �],�, IIQt �.7.ffi1.�� ��3IIC�. 1.6 I10� .
<br /> ;, ,�rrmr3Pa. tOr 23.�7.t� �78 $T]].�.�L'y �f �IT. JCi�'2rnme:nt?'1 ani-Ar.n-;� tp •
<br /> i.nqaose, or to seek ta f.mpose, e�3.+-^++++�*+t�� o�r .at'Fier liability .
<br /> 2tir-ecta.Ir o�. a Farty (a.s, fer e5��e, aay �;a��;ty �rcra�.ag �ta the .
<br /> �••�•,-+�n+- avauers of the Eai.s�.ag System. As,se�s as a restil.t of th�ir
<br /> sta.tv.e as� e�r�p�s p,ri.ar to t1�e R`raasfer Date} . The Oortmty.a�5.7.1 nat • • •
<br /> . assume. and bY .tbiB Agre� •;de�s nat :as�ne, aay a�debtec'i�ss of
<br /> r�,-,a�r�m a= Chape�: 8i7.1. ' ' . ' , .
<br /> �gcaui�e .�+�►�*�. T3t.e Co�,tY, sha�7.Z �acqui� rea]. aad p�rseaaZ.
<br /> . � P='�P�Y as �it deems =�r;�„-i�te fa� �ystem purpaBes. Ther� sva�.l be .
<br /> . no restr�.etionis a�n t�e c�ty�s aequi:siticn�. af additic�aZ a�� •at
<br /> . the e�.6ti.a� �.aadfill. �he C�mty �tates its•cvrrea.t��tteatia�s aot ta
<br /> ac�;+-�, �. it� reca�tiaaz t.i�a.t �future C'.oam�ty �'_��7 goax�3s � •
<br /> not- ac�qv3�e. an1► �of the pro,petties 'Iaiot�n as �the 8la.ck�oocd andL �..
<br /> _ ��_rt��a6 �C= �6t�R �iL�06EB. • • , •
<br /> . Ft�ar�J.c?s for com�i�.aaee rith lenr. �e Cotmtp �i.7.1 . ca�ply. or
<br /> c:atis�• tver� to'be ec�mp�.i.ara�ce� rrith al]. appli.cabZe ].a.�, ardet�s. rv�-es. -
<br /> regvlaticas and re���a••���s af a�r �Ara�at�� �*�+�,-it�r ,-�a��;*+�,to
<br /> _ the �steai. The ca�ty r�i�1 a1sQ l�e geaere].7.y re�3ble �ar s�d .
<br /> �aste reportiag.. Plaaaia�• regu].atozY c�aptiaa:ce and,simi.laac i�.tte=s.
<br /> � btc�tlu.a.g ia thi.s gg'r�eat; �e=� r�ha11 gx'eveat the Cata�.ty fz�cmt • ' ;- .
<br /> �+-P�,-..,� ia g�od �ai� fi.]xe app].ic�3lity ar va7.iali.tg af any•scxch law �
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