Laserfiche WebLink
EXHIBIT 3 <br />21.9 Headings. Article and section headings are included in the Loan <br />Documents for convenience of reference only and shall not be used in construing the <br />Loan Documents. <br />21.10 Conflicts. In the event of any conflict between the provisions of this <br />Agreement and those of any other Loan Document, this Agreement, unless otherwise <br />expressly provided, shall prevail; provided however that, with respect to any matter <br />addressed in both such documents, the fact that one document provides for greater, lesser <br />or different rights or obligations than the other shall not be deemed a conflict unless the <br />applicable provisions are inconsistent and could not be simultaneously enforced or <br />performed. <br />21.11 Time of the Essence. Time is of the essence under this Agreement and in <br />the performance of every term, covenant, and obligation contained herein. <br />21.12 Conflict of Interest. No member, official or employee of the City shall <br />have any direct or indirect interest in this Agreement, nor participate in any decision <br />relating to this Agreement which is prohibited by law. <br />21.13 Warranty Against Payment of Consideration. Developer warrants that <br />it has not paid or given, and will not pay or give, any third person any money or other <br />consideration for obtaining this Agreement. <br />21.14 Nonliability of City Officials and Employees. No member, official or <br />employee of City shall be personally liable to Developer, or any successor in interest, in <br />the event of any default or breach by City or for any amount which may become due to <br />Developer or successor, or on any obligation under the terms of this Agreement. <br />21.15 Plans and Data. As additional collateral for the Loan, Developer hereby <br />grants to the City a security interest in all plans and data concerning the Property, <br />subject to the rights of any Senior Lender. Such right of City shall be subject to <br />any right of the preparer of the plans to their use. <br />21.16 Authority to Enter Agreement. Each undersigned represents and warrants <br />that its signature hereinbelow has the power, authority and right to bind their respective <br />parties to each of the terms of this Agreement, and shall indemnify the City fully, including <br />reasonable costs and attorney's fees, for any injuries or damages to City in the event that <br />such authority or power is not, in fact, held by the signatory or is withdrawn. <br />21. 17 City's Acknowledgement and Consent to Sale and Assignment. The City <br />hereby consents to the above -described Developer Sale and the assignment and assumption <br />of Original Developer's rights and obligations under the Assignment to Developer, as set <br />forth in the Assignment. <br />