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AG 1997 12 15
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AG 1997 12 15
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Last modified
3/25/2002 6:32:25 PM
Creation date
11/27/2017 11:54:54 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
12/15/1997
Board
Board of Commissioners
Meeting Type
Regular
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ATTEST: <br /> <br />~ Secret~~ <br /> <br /> Continuing Partner and the Partnership from all claims, and <br /> represents and warrants that it has taken no action affecting the <br /> Partnership business which is not now reflected on the books of the <br /> Partnership. The Continuing Partner and the Partnership hereby <br /> release the Selling Partner from all claims, and represent and <br /> warrant that none of them has taken any action affecting the <br /> Partnership business which is not now reflected on the books of the <br /> Partnership. <br /> <br /> 6. The Buying Partner agrees to assume as its obligation that <br />certain Promissory Note in the amount of $230,000.00 owed First <br />Union National Bank of North Carolina dated August 30, 1991, and to <br />hold harmless and defend Selling Partner as to any such claims <br />which might be made by First Union National Bank of North Carolina <br />pursuant to such Promissory Note. <br /> <br /> 7. This Agreement shall be governed by the laws of the State <br />of North Carolina and any amendments or additions thereto must be <br />set forth in writing and executed by all parties to be charged <br />thereunder. <br /> <br /> IN WITNESS WHEREOF, each party to this Agreement hereby <br />executes this document, signifying their agreement to the items set <br />forth herein, with full power and authority granted to its signing <br />officers by each appropriate Board of Directors. <br /> <br /> SELLING PARTNER: <br /> B .~~POL ~H~BER OF COMMERCE, INC. <br /> <br /> <br />
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