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Agenda - 03-02-2006-8bLC
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Agenda - 03-02-2006-8bLC
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Last modified
9/2/2008 1:42:23 AM
Creation date
8/29/2008 9:12:04 AM
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BOCC
Date
3/2/2006
Document Type
Agenda
Agenda Item
8bLC
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Minutes - 20060302
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\Board of County Commissioners\Minutes - Approved\2000's\2006
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the County or the Company, as the case may be, the fees of such attomeys and such <br />other expenses so incurred by the non defaulting party, to the extent that such <br />attomeys' fees and expenses may be determined to be reasonable by a court of <br />competent jurisdiction. <br />11.6. Waiver of Appraisement, Valuation, Stay, Extension, and <br />Redemption Laws. The School Board and the County agree, to the extent <br />permitted by law, that upon a termination of the Lease Term by reason of an Event <br />of Default, neither the School Board nor the County nor any one claiming through or <br />under either of them will set up, claim or seek to take advantage of any <br />appraisement, ~Taluation, stay, extension or redemption laws now or hereafter in <br />force in order to prevent or hinder the enforcement of the Financing Contract or of <br />any remedy provided under this Lease or under the Financing Contract; and the <br />School Board and the County, for themselves and all who may at any time claim <br />through or under either of them, each hereby waives, to the full extent that it may <br />lawfully do so, the benefit of such laws. <br />ARTICLE XII <br />NIISCELLANEOUS <br />12.1. Notices. All notices, certificates or other communications under this <br />Lease will be sufficiently given and u~•ill be deemed given when delivered or mailed <br />by registered mail, postage prepaid, addressed as follows: <br />(a) If iltended for the County, to Orange County Manager, Regarding: <br />Notice under 2000 Middle School Financing Lease, Post Office Sox $181, <br />Hillsborough, North Carolina 27278; and, <br />(b) If intended for the School Board, to Superintendent, The Orange <br />County Board of Education, Regarding: Notice under 2006 Middle School <br />Financing Lease, 200 East King Street, Hillsborough, North Carolina 2727$. <br />A copy of any notice under this Lease must also be sent simultaneously to the <br />Trustee at the follov~-ing address: The Bank of New York, Attention: Corporate <br />Trust Department, Regarding: Notice under Orange County 2006 Financing Lease, <br />10161 Centurion Parkway, Jacksonville, FL 32256. <br />
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