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AG 2008 08 18
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AG 2008 08 18
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Last modified
2/1/2009 12:20:07 PM
Creation date
11/27/2017 11:28:46 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/13/2008
Board
Board of Commissioners
Meeting Type
Regular
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expressly agrees that Buyer shall have the right to choose to enforce any or all such rights, privileges or <br />remedies. <br />23. SUCCESSORS AND ASSIGNS. The designation Saller and Buyer as used herein shall <br />include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine, <br />feminine or neuter as required by context. <br />24. ENTIItE AGREEMENT. Each exhibit attached to and referred to in this Agreement is <br />hereby incorporated by reference as though set forth in full where referred to herein. The recitals are <br />incorporated herein by reference as matters of contract and not mere recital. This Agreement constitutes <br />the entire Agreement between the parties and shall become a binding and enforceable Agreement among <br />the parties hereto upon the-full and complete execution and unconditional delivery of this Agreement by <br />all parties hereto. No prior verbal or written Agreement shall survive the execution of this Agreement. <br />In the event of an alteration of this Agreement, the alteration shall be in writing and shall be signed by <br />Seller and Buyer in order for'the same to be binding upon both parties. Since the parties hereto have <br />participated in extensive negotiations in the drafting of the terms and provisions of this Agreement, the <br />parties agree that this Agreement shall be construed without regard to the identity of the person or party <br />who drafted the various provisions and any rule of construction that document is to be construed against <br />the drafting party shall not be applicable. <br />25. LITIGATION. In the event of any litigation in relation to or in connection with this <br />Agreement or the transaction contemplated hereby, the unsuccessful party, in addition to all other sums <br />that the unsuccessful party may be required to pay, shall be required to pay all costs of court and a <br />reasonable sum for the successful party's attorneys' fees. <br />26. RELATIONS~IIP OF THE PARTIES. Nothing contained herein shall be deemed, <br />construed or interpreted, either by the parties hereto or by any third party, as creating a relationship of <br />principal and agent, a partnership or a joint venture between the parties. It is understood that the <br />relationship is an arms length one that shall at all times be and remain that of a buyer and a seller. <br />27. COUNTERPARTS. This Agreement may be executed in counterpart originals, each of <br />which when duly executed and delivered shall be deemed an original and all of which when taken <br />together shall constitute one instrument. <br />28. FORMAL BUYER APPROVAL, Seller acknowledges that the municipal laws and rules <br />by which Buyer must adhere to require formal review and approval of this Agreement by the entire <br />Cabarrus County School Board and the Cabarrus County Board of Commissioners. In the event that <br />either of the foregoing boards fails to approve this Agreement in the form agreed to by Seller, then Saller <br />shall be entitled to terminate this Agreement, Buyer shall be entitled to a return of the Deposit, and <br />neither party shall have any further rights or liabilities hereunder. <br />[SIGNATURE PAGE TO FOLLOW] <br />tz <br />WCSR 3614883v5 <br />
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