Browse
Search
OTHER-2021-022 Trust Agreement
OrangeCountyNC
>
Board of County Commissioners
>
Various Documents
>
2020 - 2029
>
2021
>
OTHER-2021-022 Trust Agreement
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/27/2021 3:01:03 PM
Creation date
8/27/2021 2:57:43 PM
Metadata
Fields
Template:
BOCC
Date
5/18/2021
Meeting Type
Business
Document Type
Others
Agenda Item
8-e
Document Relationships
Agenda - 05-18-2021; 8-e - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various CIP Projects and To Refinance Existing County Obligations
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
Agenda for May 18, 2021 Board Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
82
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(iii) if to the LGC, to North Carolina Local Government Commission, <br /> Attention: Secretary, Re: Re: Notice for 2021 Orange County LOBS Financing, 3200 <br /> Atlantic Avenue, Longleaf Building, Raleigh NC 27604 <br /> (e) Any addressee may designate additional or different addresses for <br /> communications by notice given under this Section to each of the others. <br /> (f) Whenever this Agreement requires the giving of a notice, the person <br /> entitled to receive the notice may waive the notice, in writing. The giving or receipt <br /> of the notice will then not be a condition to the validity of any action taken in <br /> reliance upon the waiver. <br /> Section 15.02. Limitation of Rights. Nothing expressed or implied in this <br /> Agreement or the Bonds gives any person other than the Trustee, the County and <br /> the Owners any right, remedy or claim under or with respect to this Agreement. <br /> Section 15.03. Severability. If any provision of this Agreement is <br /> determined to be unenforceable, that does not affect any other provision of this <br /> Agreement. <br /> Section 15.04. Non-Business Days. If a Payment Date is not a Business Day, <br /> then payment may be made on the next Business Day, and no interest will accrue for <br /> the intervening period. When any other action is provided in this Agreement to be <br /> done on a day or within a time period named, and the day or the last day of the <br /> period is not a Business Day, the action may be done on the next ensuing Business <br /> Day. <br /> Section 15.05. Governing Law; Forum. The parties intend that North <br /> Carolina law will govern this Agreement, the Bonds, and all matters of their <br /> interpretation. To the extent permitted by law, the parties agree that any action <br /> brought with respect to this Agreement must be brought in the North Carolina <br /> General Court of Justice in Orange County, North Carolina. <br /> Section 15.06. Limitation on Liability of Officers and Agents. No officer, <br /> agent or employee of the County, the Trustee or the LGC is subject to any personal <br /> liability or accountability by reason of that officer's execution of this Agreement, the <br /> Bonds or any other documents related to the transactions contemplated by this <br /> Agreement. These officers or agents are deemed to execute such documents in their <br /> official capacities only, and not in their individual capacities. This Section does not <br /> 58 <br />
The URL can be used to link to this page
Your browser does not support the video tag.