Buttersound Studios 12/21/2020 - Laserfiche WebLink

• THE GRANT • Eligibility The Grantee shall comply with all applicable laws,ordinances,codes,regulations,and policies of local,state,and federal governments,as now or hereafter amended All funds provided under this Agreement must be used for to reimburse the costs of business interruption caused by required closures. Grantee must ensure the funds are used specifically for COVID related impacts. • The Grant In reliance upon Grantee's representations and warranties,and subject to the terms and conditions contained in this Agreement,the Grantor hereby agrees to cause funds to be advanced to Grantee in a maximum aggregate principal amount equal to Three Thousand Dollars($3,000)("Grant"),solely for the purposes set forth in Section C below. Grantee shall have the right to receive Grant funds only pursuant to the terms and conditions of this Agreement. • Purpose of Grant The Grantee shall use the funds granted hereunder solely for working capital of the Grantee to reimburse the costs of business interruption caused by required coronavirus closures,pursuant to the Budget set forth in Exhibit A,"Grant Budget."No funds shall be used for the purchase/installation of equipment,construction of real estate,alteration of existing buildings,or other activity that may impact the natural environment or historic buildings. • Grant Documentation The Grant shall be evidenced by this Agreement,completed application form,and other documentation required by the Grantor. • REPRESENTATIONS,WARRANTIES AND COVENANTS In order to induce the Grantor to make the Grant,Grantee represents,warrants and covenants as set forth below in this Article II as of the date hereof and during the term of this Agreement. • Q ganization of Grantee Grantee is duly organized and validly existing pursuant to the laws of the State of Washington and is qualified to do business in and under the laws of the State of Washington.Grantee has the full power and authority to enter into this Agreement,to receive money as contemplated herein and to execute and perform the provisions of this Agreement. The execution,delivery and performance of this Agreement has been duly authorized by all necessary company action,and no other action of Grantee or any other party is required for the execution,delivery and performance of this Agreement. This Agreement constitutes valid and binding obligations ofGrantee. • Compliance with Laws Grantee will conduct its business affairs in a reasonable and prudent manner and in compliance with all applicable laws, ordinances,rules and regulations and executive orders of federal,state,county or municipal governments or agencies now in force or which may be enactedhereafter. • Prohibition Against Receiving Federal Funds Neither Grantee nor Grantee's owner(s)are prohibited from receiving federal funds. • Accuracy of Information All of the information provided by Grantee in support of its request for Grant funds is complete and accurate and contains no materially false or misleading information. • CONDITIONS PRECEDENT TO AND POST GRANT DISBURSEMENT The Grantor's obligation to perform its duties under this Agreement,including without limitation causing disbursement of any funds,shall be subject to the full and complete satisfaction of the following conditions precedent: