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' <br /> ` <br /> NOW,THEREFORE, in consideration of the foregoing Recitals and the covenants, conditions, representations and <br /> warranties contained herein, the parties hereto agree aofollows: <br /> |. THE GRANT <br /> A. /]igibUUy <br /> The Grantee shall comply with all applicable laws,ordinances, codes, regulations, and policies of local,state,and federal <br /> governments,as now or hereafter amended All funds provided under this Agreement must be used for toreimburse <br /> the costs o[business interruption caused bv required c|osures. Grantee must ensure the funds are used specifically <br /> for COvIDrelated impacts. <br /> o. The Grant <br /> In reliance upon Grantee's representations and warranties, and subject to the terms and conditions contained in <br /> this Agreement,the Grantor hereby agrees uo cause funds to be advanced to Grantee|na maximum aggregate <br /> principal amount equal to Three Thousand Dollars ($3,000) ("Grant"), solely for the purposes set forth in Section C <br /> below. Grantee shall have the right to receive Grant funds only Pursuant to the terms and conditions of this <br /> Agreement. <br /> C. Purpose ofGrant <br /> The Grantee shall use the funds granted hereunder solely for working capital of the Grantee to reimburse the costs <br /> of business interruption caused by required coronavirus closures, pursuant to the Budget set forth in Exhibit A, <br /> "'Grant Budget." No funds shall be used for the purchaw/instailation of equipment,construction of real estate, <br /> @Iteration of existing buildings, or other activity that may impact the natural environment or historic buildings. <br /> o. Grant Documentation <br /> The Grant shall be evidenced bythis Agreement,completed application form,and other documentation required bythe <br /> Grantor. <br /> U. REPRESENTATIONS,WARRANTIES AND COVENANTS <br /> in order to induce the Grantor to make the Grant' Grantee represents'warrants and covenants as set forth below in this <br /> Article |/ as of the date hereof and during the term of this Agreement. <br /> A. Organization ofGrantee <br /> Grantee is duly organized and validly existing pursuant to the laws of the State of Washington and is qualified to do <br /> business in and under the laws o{the State of Washington.Grantee has the full power and authority to enter into <br /> this Agreement,to receive money as contemplated herein and to execute and perform the provisions of this <br /> Agreement. The execution,delivery and performance of this Agreement has been duly authorized by all necessary <br /> company action,and no other action of Grantee or any other party is required for the execution,delivery and <br /> performance of this Agreement, This Agreement constitutes valid and binding obligations ofGrantee. <br /> B. Compliance with Laws <br /> Grantee will conduct its business affairs in a reasonable and prudent manner and in compliance with all applicable <br /> laws,ordinances,rules and regulations and executive orders of federal,state,county or municipal goveri-irnents or <br /> agencies now|n force or which may beenactedhe,eafter. <br /> C. Prohibition Against Receiving Federal Funds <br /> Neither Grantee nor Grantee's owner(s) are prohibited from receiving federal funds. <br /> D. xccm racy nf Information <br /> All of the information provided by Grantee in support of its reqUest for Grant funds is complete and aCCUrate and <br /> contains no materially false or misleading information, <br /> U|. CONDITIONS PRECEDENT T{}AND POST GRANT DISBURSEMENT <br /> 2 <br />