AG 2006 04 17 - Laserfiche WebLink

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[QH~ ~ IF 11 The County agrees that the Grant payments to be made to Bonitz during the respective term will be made within thirty (30) days after payment by Bonitz of all property taxes due to the County and the delivery of the Assessor's Statement. 2. State and Citv Incentives. The County agrees to assist Bonitz in obtaining any incentives, grants and programs that may be or become available from the State of North Carolina and/or the City of Concord; however, the County shall not be responsible for obtaining or paying any State or City incentives to Bonitz, except as otherwise provided by law. 3. Validitv of Incentives. As stated in the Program, no change in the Program after the date ofthis Agreement shall apply to the provisions ofthis Agreement or to the New Investment or the Facility (as it may be expanded or modified) unless otherwise agreed to in writing by the County and Bonitz. In the event one or more lawsuits or other proceedings are brought against the County or any County elected official challenging the legality ofthis Agreement or any provision, the County shall defend against any and all such lawsuits or other proceedings, including appealing any adverse judgment to the highest appellate court of the State of North Carolina. In the event that any ofthe incentives or other agreements of the County are determined to be invalid, the County agrees that it will, to the extent permitted by law, provide Bonitz with incentives of substantially equal value pursuant to one or more replacement incentive grant programs. 4. Noncompliance bv Bonitz. Bonitz acknowledges that at any time during the period that a Grant is paid or is to be paid to Bonitz by County, if Bonitz has (a) failed or fails to make or maintain the New Investment, (b) fails to continue in business a fully operational Facility or (c) fails to comply with any provision of this Agreement or any provision ofthe Program applicable to this Agreement, then Bonitz shall be in default of this Agreement. In any such event, the County may at its option terminate this Agreement and no further Grants shall be paid to Bonitz. 5. Miscellaneous. a) Bonitz acknowledges and understands that all the provisions of the Program are considered enforceable parts of this Agreement and that it must comply with all such provisions in order to be eligible for and remain eligible for the Grants. b) This Agreement and the Grants provided by it may not be assigned by Bonitz without the prior written consent of County. c) Notices. All notices, certificates or other communications required by or made pursuant to this Agreement shall be sufficiently given and shall be deemed given when delivered or mailed by registered or certified mail, postage prepaid or sent by facsimile (confirmed by the party providing notice) as follows: Q: -2-