Browse
Search
2025-462-E-DEAPR-Recreation Factory Partners-portsplex Management Agreement
OrangeCountyNC
>
Board of County Commissioners
>
Contracts and Agreements
>
General Contracts and Agreements
>
2020's
>
2025
>
2025-462-E-DEAPR-Recreation Factory Partners-portsplex Management Agreement
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/31/2025 2:31:40 PM
Creation date
7/31/2025 2:29:33 PM
Metadata
Fields
Template:
Contract
Date
7/18/2025
Contract Starting Date
7/18/2025
Contract Ending Date
7/29/2025
Contract Document Type
Contract
Amount
$194,364.00
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
330
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
ARTICLE 12 COVENANTS AND REPRESENTATIONS; INDEMNIFICATION <br />12.1 Owner's Covenants and Representations. Owner makes the following <br />covenants and representations to Manager, which covenants, and representations shall, <br />unless otherwise stated herein, survive the execution and delivery of this Agreement: <br />(a) Owner's Status. Owner is a county government duly organized, validly <br />existing, and in good standing under the laws of the State of North Carolina with full <br />power and authority to enter into this Agreement and execute all documents required <br />hereunder. <br />(b) Authorization. The making, execution, delivery, and performance <br />of this Agreement by Owner has been duly authorized and approved by requisite action <br />and this Agreement has been duly executed and delivered by Owner and constitutes a <br />valid and binding obligation of Owner, enforceable in accordance with its terms and <br />applicable laws. <br />(c) Documentation. If reasonably necessary to carry out the intent <br />of this Agreement, Owner agrees to execute and provide to Manager, on or after the <br />Effective Date, any and all other instruments, documents, conveyances, assignments, <br />and agreements which Manager may reasonably request in connection with the operation <br />of the Facility. <br />12.2 Manager's Covenants and Representations. Manager makes the following <br />covenants and representations to Owner, which covenants, and representations shall, <br />unless otherwise stated herein, survive the execution and delivery of this Agreement: <br />(a) Corporate Status. Manager is a _______________ duly organized, <br />validly existing, and in good standing under the laws of the State of North Carolina or is <br />a corporation organized under the laws of the State of _________ and is registered with the <br />North Carolina Secretary of State and authorized to transact business throughout the <br />United States with full corporate power to enter into this Agreement and execute all <br />documents required hereunder. <br />(b) Authorization. The making, execution, delivery, and performance <br />of this Agreement by Manager has been duly authorized and approved by all requisite <br />action of the board of directors of Manager, and this Agreement has been duly executed <br />and delivered by Manager and constitutes a valid and binding obligation of Manager, <br />enforceable in accordance with its terms and applicable laws. <br />(c) Effect of Agreement. To Manager's best knowledge, without duty <br />of inquiry, neither the execution and delivery of this Agreement by Manager nor Manager's <br />performance of any obligation hereunder (i) will constitute a violation of any law, ruling, <br />regulation, or order to which Manager is subject; or (ii) shall constitute a default of any <br />term or provision or shall cause an acceleration of the performance required under any <br />Docusign Envelope ID: 177AA06A-30B4-42FF-A85A-78B5A7C51DBE
The URL can be used to link to this page
Your browser does not support the video tag.