Orange County NC Website
Attachment 1 10 <br /> Central Pines Regional Council <br /> 4307 Emperor Blvd., Suite 110 <br /> Durham, NC 27703 <br /> 13. Representations and Warranties: <br /> The Parties each represent, covenant and warrant for the other's benefit as follows: <br /> A. Each Party has all necessary power and authority to enter into this Agreement <br /> and to carry out the transactions contemplated by this Agreement, and the <br /> individuals signing this Agreement have the right and power to do so. This <br /> Agreement is a valid and binding obligation of each Party. <br /> B. To the knowledge of each Party, neither the execution and delivery of this <br /> Agreement, nor the fulfillment of or compliance with its terms and conditions, nor the <br /> consummation of the transactions contemplated by this Agreement, results in a <br /> breach of the terms, conditions and provisions of any agreement or instrument to <br /> which a Party is bound or constitutes a default under any of the foregoing. <br /> C.To the knowledge of each Party, there is no litigation or other court or <br /> administrative proceeding pending or threatened against such Party (or against any <br /> other person) affecting such Party's rights to execute or deliver this Agreement or to <br /> comply with its obligations under this Agreement. Neither such Party's execution <br /> and delivery of this Agreement, nor its compliance with its obligations under this <br /> Agreement, requires the approval of any regulatory body or any other entity the <br /> approval of which has not been obtained. <br /> D. The Parties agree to work together in good faith and with all due diligence to provide <br /> for and carry out the purpose of this Operating Agreement. <br /> 14. Merger and Precedence: <br /> The provisions of this Agreement, including all Exhibits and attachments, constitute the <br /> entire agreement by and between the Parties hereto and shall supersede all previous <br /> communications, representations or agreements, either oral or written between the Parties <br /> hereto with respect to the subject matter hereof. <br /> Notwithstanding the foregoing, in the event of any inconsistency or conflict between this <br /> Agreement and the Participation Agreement or the Governance ILA, the terms of the <br /> Participation Agreement and Governance ILA have precedence. <br /> 15. Dispute Resolution: <br /> In the event of conflict or default that might arise for matters associated with this Agreement, <br /> the Parties agree to informally communicate to resolve the conflict. If any such dispute <br /> cannot be informally resolved, then such dispute, or any other matter arising under this <br /> 8 <br /> Global Operating Agreement for Operations and Administration <br /> Orange County, FY2025 <br /> Contract#YY-XXX <br />