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AG 1998 06 15
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AG 1998 06 15
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Last modified
3/25/2002 6:06:43 PM
Creation date
11/27/2017 11:51:52 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
6/15/1998
Board
Board of Commissioners
Meeting Type
Regular
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additional non-exclusive easements/rights-of-way thereon <br />to others, if any. <br /> <br /> (b) Possession. Except as set forth herein, <br />exclusive possession of the Property free and clear of <br />occupancy of all persons, firms or corporations, whether <br />or not under claim of right or color of title, shall be <br />delivered to Buyer, its successors and assigns at <br />closing. <br /> <br /> 7. Seller's Representations. At the time of closing upon the <br />Option, the matters and things referred to in Paragraph 4 are true <br />and shall have been fully complied with by Seller. <br /> <br /> 8. Binding Effect and Assignability. The provisions hereof <br />shall inure to the benefit of and be binding upon Seller, Buyer and <br />their respective heirs, successors, administrators and assigns. <br />Buyer may at any time assign its rights and privileges under this <br />Agreement and, if it elects to do so, it shall notify Seller of any <br />such assignment and the identity of the assignee, who shall by <br />acceptance of the assignment assume and agree to perform (and shall <br />be responsible for the performance of) all Buyer obligations and <br />undertakings hereunder, with the same effect and to the same extent <br />as though the assignee were the originally designated Buyer <br />hereunder. When consistent with the context of this Agreement, all <br />references to "Buyer" shall be construed to include and refer to <br />Buyer's successors and assigns. - <br /> <br /> 9. Applicable Law. This Agreement shall be construed in <br />accordance with the laws of the State of North Carolina. <br /> <br /> 10. Amendments. This Agreement constitutes the sole and <br />entire agreement of Seller and Buyer and may not be altered or <br />amended except by the separate written consent of both Seller and <br />Buyer. This Agreement may be executed in any number of <br />counterparts, each of which shall be deemed to be an original. <br /> <br /> 11. Headings. The headings in this Agreement are inserted for <br />convenience and identification only and are in no way intended to <br />describe, interpret, define or limit the scope, extent or intent of <br />this Agreement or any of the provisions hereof. <br /> <br /> 12. Waiver and Severability. Any condition or provision <br />herein for the benefit of either party may be waived in writing by <br />such party, prospectively or retroactively, without impairing the <br />enforceability of any other term, condition or provision hereof. <br />Each provision of this Agreement is intended to be severable. If <br />any term or provision hereof is illegal or invalid for any reason <br />whatsoever, such illegality or invalidity shall not affect the <br />validity or enforceability of the remainder of this Agreement. <br /> <br /> <br />
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