Agenda - Council - 08/12/2008 - Laserfiche WebLink

Home

Party in this Security Agreement. c. If any part of this Security Agreement- is unenforceable, all other parts remain in effect. d. This Security Agreement shall bind all persons who become bound as a debtor to this Security Agreement, and shall bind and inure to the benefit of the parties and their heirs, personal representatives, successors and assigns. Debtor shall not assign its rights and interests under this Security Agreement without the prior written approval of Secured Party. Debtor shall render performance under this Security Agreement to Secured Party. Debtor waives and will not assert against Secured. Party any claims, defenses or set-offs which Debtor could assert against Secured Party except defenses which cannot be waived. e. Any notices required or permitted to be given under this Security Agreement shall be sufficient if (i) in writing and (ii) either (1) personally delivered or (2) sent by certified or registered mail,-return receipt requested and postage prepaid, or {3) sent by telefax, telex, telegram, a-mail or similar .electronic means where receipt is acknowledged, or (4) sent by overnight U.S. Express mail or overnight letter (commercial courier), to the party's address as set forth above. Any notice required or permitted to be given under this Security Agreement shall be deemed effective upon receipt or failure to accept delivery. Notice of any change in address shall be given as set forth in this section. f. This Security Agreement (including any exhibits, all of which are incorporated in and made a part of this Security Agreement by this reference) contains the entire agreement of the parties concerning. its subject matter. Debtor may not use any oral statement to contradict or alter the .written terms of, or raise a defense to, this Security Agreement. Any modification to this Security Agreement must be in writing and properly authenticated by Debtor and Secured Party. g. Each party hereby represents and warrants that its entry into and its performance of its obligations under this Security Agreement are fully authorized and that all necessary actions therefor have been taken by it, and the person(s) signing this Security Agreement below on such party's behalf represents and warrants that he or she is fully authorized to do so. h. Captions in this Security Agreement are-used for convenience only and are not to be used in construing this Security Agreement. Words in the singular include the plural and vice versa, any one gender includes all other genders, "includes" and "including" are not limiting, "or" is disjunctive but not exclusive, and "all" includes "any" and vice versa. Page 9 _gg_