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AG 2002 09 16 (Regular)
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AG 2002 09 16 (Regular)
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Last modified
3/2/2006 5:01:44 PM
Creation date
11/27/2017 11:44:08 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/16/2002
Board
Board of Commissioners
Meeting Type
Regular
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12.4 Waivers. If any agreement contained herein should be breached by <br />either party and thereafter waived by the other party, such waiver shall be limited to the <br />particular breach so waived and shall not be deemed to waive any other breach <br />hereunder. The County, however, shall have no right to waive any Event of Default <br />without the Trustee's consent. A waiver of an event of default under the Financial <br />Contract shall constitute a waiver of any corresponding 'Event of Default under this <br />Lease; provided that no such waiver shall extend to or affect any subsequent or other <br />Event of Default under this Lease or impair any right consequent thereon. <br /> <br /> 12.5 Waiver of Appraisement, Valuation, Stay, Extension, and Redemption <br />Laws. The Board of Education and County agree, to the extent permitted by law, that <br />in the case of a termination of the Lease Term by reason of an Event of Default, neither <br />the Board of Education nor the County nor any one claiming through or under either of <br />them shall or will set up, claim or seek to take advantage of any appraisement, valuation, <br />stay, extension or redemption laws now or hereafter in force in order to prevent or hinder <br />the enforcement of the Financial Contract or of any remedy provided hereunder or <br />thereunder; and the Board of Education and the County, for themselves and all who may <br />at any time claim through or under either of them, each hereby waives, to the full extent <br />that it may lawfully do so, the benefit' of such laws. <br /> <br />ARTICLE XIII <br /> <br />MISCELLANEOUS <br /> <br /> 13.1 Notices. All notices, certificates or other communications hereunder <br />shall be sufficiently given and shall be deemed given when delivered or mailed by <br />registered mail, postage prepaid, addressed as follows: . <br /> <br />(a) If intended for the County, addressed to it at the following address: <br /> <br />Cabarrus County Governmental Center <br />P___Q_Box-7-127 <br />Concord, NC 28026-0707 <br />Attention: County Manager <br /> <br /> (b) <br />following address: <br /> <br />If intended for the Board of Education, <br /> <br />Cabarrus County Board of Education <br />P. O'. Box 388 <br />Concord, NC 28026-0388 <br />Attention: Superintendent <br /> <br />12 <br /> <br />addressed to it at the <br /> <br /> <br />
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