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Agenda 05-16-2023; 8-c - Adoption of the Final Resolution Authorizing 2023 Installment Financing for Various Capital Investment Plan Projects for Up to $14,500,000
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Agenda 05-16-2023; 8-c - Adoption of the Final Resolution Authorizing 2023 Installment Financing for Various Capital Investment Plan Projects for Up to $14,500,000
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5/11/2023 4:01:35 PM
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BOCC
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5/16/2023
Meeting Type
Business
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Agenda
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8-c
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Agenda for May 16, 2023 BOCC Meeting
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34 <br /> (iv) If to the Lender, to TD Bank, N.A., Re: 2023 Orange County <br /> financing, 11325 N Community House Rd., Charlotte, NC 28227. <br /> (d) Any addressee (including the LGC and the Lender) may designate <br /> additional or different addresses for communications by notice given under this <br /> Section to each of the others. <br /> (e) Any communication sent under this Agreement must also be sent to the <br /> County and the Trustee, along with any other parties to which the communication <br /> may be addressed. Any party sending a communication under this Supplemental <br /> Agreement must also send a copy to the Lender. Any party sending a communication <br /> under this Supplemental Agreement that relates to amendments or defaults must <br /> also send a copy to the LGC. <br /> (f) Whenever this Supplemental Agreement requires the giving of a notice, <br /> the person entitled to receive the notice may waive the notice, in writing. The giving <br /> or receipt of the notice will then not be a condition to the validity of any action taken <br /> in reliance upon the waiver. <br /> Section 5.02. Consent to Jurisdiction. The Trustee consents to jurisdiction <br /> in the State of North Carolina for any lawsuit arising from this Supplemental <br /> Agreement, or arising from any of the related transactions contemplated by this <br /> Supplemental Agreement. <br /> Section 5.03. Binding Effect; Limitation of Rights. This Supplemental <br /> Agreement is binding upon, inures to the benefit of and is enforceable by the parties <br /> and their respective successors and assigns. Nothing expressed or implied in this <br /> Supplemental Agreement or the 2023 Bonds gives any person other than the <br /> Trustee, the County and the Owners any right, remedy or claim under or with <br /> respect to this Supplemental Agreement. <br /> Section 5.04. Severability. If any provision of this Supplemental Agreement <br /> is determined to be unenforceable, that does not affect any other provision of this <br /> Supplemental Agreement. <br /> 16 <br />
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