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(d) The Property under the Property Schedule has not been and is not expected to be sold or otherwise disposed of by Purchaser,either in <br /> whole or in major part,prior to the last maturity of the Installment Payments under the Property Schedule. <br /> (e) There are no other obligations of Purchaser which (i) are being sold within 15 days of the Commencement Date of the Property <br /> Schedule; (ii)are being sold pursuant to the same plan of financing as the Properly Schedule; and(iii) are expected to be paid from <br /> substantially the same source of funds. <br /> (f) The officer or official who has executed the Property Schedule on Purchaser's behalf is familiar with Purchaser's expectations regarding <br /> the use and expenditure of the proceeds of the Property Schedule. To the best of Purchaser's knowledge,information and belief,the <br /> facts and estimates set forth in herein are accurate and the expectations of Purchaser set forth herein are reasonable. <br /> 14.03 Further Assurances. Purchaser agrees to execute such other and further documents, including,without limitation,confirmatory financing <br /> statements,continuation statements,certificates of title and the like,and to take all such action as may be necessary or appropriate,from time to lime, <br /> in the reasonable opinion of Seller,to perfect,confirm,establish,reestablish,continue,or complete the interests of Seller in this Agreement and the <br /> Property Schedules,to consummate the transactions contemplated hereby and thereby,and to carry out the purposes and intentions of this Agreement <br /> and the Property Schedules. <br /> 14.04 Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon Seller and Purchaser and their respective successors <br /> and assigns. <br /> 14.05 Severability. In the event any provision of this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction,such <br /> holding shall not invalidate or render unenforceable any other provision hereof. <br /> 14.06 Waiver of Jury Trials. Purchaser and Seller hereby irrevocably waive all right to trial by jury in any action, proceeding or counterclaim <br /> (whether based on contract, tort or otherwise) arising out of or relating to this Agreement or the actions of Seller or Purchaser in the negotiation, <br /> administration,performance or enforcement hereof. <br /> 14.07 Amendments, Changes and Modifications. This Agreement may be amended in writing by Seller and Purchaser to the extent the <br /> amendment or modification does not apply to outstanding Property Schedules at the time of such amendment or modification. The consent of all <br /> assignees shall be required to any amendment or modification before such amendment or modification shall be applicable to any outstanding Property <br /> Schedule. <br /> 14.08 Execution in Counterparts. This Agreement and the Property Schedules hereunder may be simultaneously executed in several <br /> counterparts,each of which shall be an original and all of which shall constitute but one and the same instrument. <br /> 14,09 Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State. <br /> 14.10 Captions. The captions or headings in this Agreement are for convenience only and in no way define,limit or describe the scope or intent of <br /> any provisions or sections of this Agreement. <br /> IN WITNESS WHEREOF, Seller and Purchaser have caused this Agreement to be executed in their names by their duly authorized <br /> representatives as of the date first above written. <br /> Seller: U.S. Bancorp Government Purchaser: City of Everett <br /> Leasing and F nceIrinc. <br /> I � <br /> By: . By: k / f ! <br /> Name: Name: S <br /> Rosanne so tit ]I / /./ /� <br /> Documentation Specialist <br /> Title: Title: a I <br /> Attest: '4t !'�ByEII1) d4 <br /> Name %ate b 41(e,-- <br /> Title: eiire <br />