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AG 1992 04 06
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AG 1992 04 06
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Last modified
3/25/2002 4:09:47 PM
Creation date
11/27/2017 12:01:19 PM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/6/1992
Board
Board of Commissioners
Meeting Type
Regular
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12. Binding Arbitration. Any controversy er claim <br />arising out of or relating to this Agreement, except a default <br />under ll.b. or !l.c. above, shall be settled by arbitration in <br />accordance with the Commercial Arbitration Rules of the American <br />Arbitration Association and judgment on the award rendered by the <br />arbitrator may be entered in any court having jurisdiction. <br /> <br /> 13. Joinder of Subsidiary. Subsidiary joins in the <br />execution of this Agreement for the purpose of acknowledging its <br />consent and agreement to be bound by the terms and conditions of <br />this Agreement in the event that the leasehold interest of City <br />under the Lease shall be terminated for any reason whatsoever. <br /> <br /> 14. Notices. AQy, notice, demand, request cr other <br />communication required or per'mitred to be given under this Agree- <br />ment shall be given to the oarties at the addresses set out below <br />and shall be sent by Unite~ States certified or registered mail, <br />return receipt requested and shall be deemed to be received on <br />the date of execution of the return receipt: <br /> <br />For City: <br /> <br />City of Kannapolis <br />205 West Avenue <br />P. O. Drawer GG <br />Kannapolis, North Carolina 28082 <br />Attention: R. G. McCombs <br /> <br />For Fieldcrest: <br /> <br />With A Copy To: <br /> <br />Walter M. Safrit, II, Esquire <br />Rutledge, Friday, Safrit & Smith <br />P. O. Box 24 <br />1500 Centergrove Road <br />Kannapolis, North Carolina 28082 <br /> <br />Edwin F. Lucas III, Esquire <br />Robinson, Bradshaw & Hinson, P.A. <br />1900 Independence Center <br />!0! North Tryon Street <br />Charlotte, North Carolina 28246 <br /> <br />Fieldcrest Cannon, Inc. <br />Attn: M. Kenneth Doss <br />326 E. Stadium Drive <br />Eden, NC 27288 <br /> <br />James R. Bryant, III <br />Womb!e Carlyle Sandridge & Rice <br />3300 One First Union Center <br />Charlotte, NC 28202-6025 <br /> <br /> 15. Governing Law. This Agreement shall be construed <br />in accordance with and enforced under the laws cf North Carolina. <br /> <br />-9- <br /> <br /> <br />
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