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Reilmbursement of all reasonable fees incurred in the Authority's review of the <br />proposed transactions; and <br /> <br />ThO successful closing of the transaction described in the Meredith/Continental <br />Agreement. <br /> <br /> BE IT RESOLVED FURTHER, that Continental may, at any time and from time to time, <br />assign or grant or otherwise convey one or more liens or security interests in its assets, including <br />its rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender <br />providing financing to Continental ("Secured Party"), from time to time. Secured Party shall have <br />no duty to preserve the confidentiality of the information provided in the Franchise with respect <br />to any disclosure (9) to Secured Party's regulators, auditors or attorneys, (b) made pursuant to the <br />order of any governmental authority, (c) consented to by the Authority or (d) any of such <br />information whic~ was, prior to the date of such disclosure, disclosed by the Authority to any <br />third party and such party is not subject to any confidentiality or similar disclosure restriction with <br />respect to such infoimation subject, however, to each of the terms and conditions of the Franchise. <br /> <br />ADOPTED by this __ day of , 1996. <br /> <br />City of Ramsey <br /> <br />Attest: <br /> <br />Mayor <br /> <br />Clerk-Treasurer <br /> <br /> The undersigned, being the duly appointed, qualified and acting Clerk of the City of <br />Ramsey, Minneso~ hereby certify that the foregoing Resolution No. ~ is a true, correct and <br />accurate copy of Resolution No. ~ duly and lawfully passed and adopted by the City of <br />Ramsey on the ~ day of , 1996. <br /> <br />Clerk <br /> <br /> <br />