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AG 2002 10 21 (Regular)
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AG 2002 10 21 (Regular)
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Last modified
3/2/2006 5:01:52 PM
Creation date
11/27/2017 11:44:16 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
10/21/2002
Board
Board of Commissioners
Meeting Type
Regular
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(9) DEFAULT <br />If BLrYER breaches any provision of this Agreement, including without limitation its <br />Payment obligations under Paragraph 3, BUYER shall be in default hereunder,' and all <br />unpaid amounts shall, at SELLER's option become immediately due and payable. Upon <br />BUYER's default, SELLER shall have all the rights and remedies of a secured party <br />under the Uniform Commercial Code, and any other applicable laws, including the right <br />to any delinquent payments for which BUYER agrees to remain fully liable. The <br />SELLER shall also be entitled to reasonable attorney's fees, plus interest on any unpaid <br />balance at maximum legal rates. <br /> <br />(10) GOVERNING LAW <br />This Sales Agreement and Securi~ Agreement shall be interpreted under and governed by <br />the laws of the State of North Carolina. <br /> <br />(11) ENTIRE AGREEMENT -' <br />BUYER, having carefully read all provisions herein, acknowledges this Agreement <br />represents the entire agreement between SELLER and BUYER with respect to the sale <br />and installation 'of the Equipment on BUYER's premises, and supersedes any prior <br />agreement arid negotiation between the parties. This Agreement shall be governed by and <br />construed in accordance with laws of the State of North Carolina. <br /> <br />BUYER represents that it has the power and authority to enter into this Agreement and <br />that this Agreement may be amended only by a written instrument executed by a duly <br />authorized representative 'of the part)' against which such. amendment is sought to be <br />~n £a rr,.~rI <br /> <br />This Agreement shKll be binding upon SELLER only when executed by a duly authorized <br />officer of BUYER. <br /> <br />iN Vv~TNESS Vv~tlEREOF. the parties have signed this Agreement on the dates below <br /> <br />Cabarrus County Governmenz <br /> <br />BUYER <br /> <br /> ~,~mer_Titl/~t <br />DATE <br /> <br />The Concord Teier)hone Cbmr)anv <br /> <br />SELLER <br /> <br /> Authorized Representative <br /> <br />This ins&hr has been p~udited in the mai~ner <br />remfixed Sv rte Local Goverr~ent B~dget and <br /> <br /> Finance Director . <br /> <br /> <br />
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