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Amendment at the special meeting, neither PSD, LLC nor the Affiliated Entities (i) are estopped <br />from; (ii) shall be deemed to have expressly or impliedly waived their right to; or shall otherwise <br />be prohibited from, challenging the accuracy and validity of HRA's calculation and allocation of <br />the current membership votes in the Master Association. If, however, the special meeting <br />contemplated in Section 4(a) is held and at that special meeting 75% of the Members vote in <br />favor of the adoption of the Second Amendment, PSD, LLC and the Affiliated Entities are <br />deemed to have expressly waived their right to later challenge the accuracy or validity of HRH's <br />calculation and allocation of the current membership votes in the Master Association as set forth <br />on Exhibit F. <br />Section 9. Additional Provisions <br />(a) Run With Title. This Agreement shall run with title to the HRA Property <br />and the Affiliated Entities' Property and inure to the benefit of and be binding upon all <br />owners of the HRA Property and the Affiliated Entities' Property, their heirs, personal <br />representatives and successors in title. Upon: (i) the recording of the Second <br />Amendment in the office of the Anoka County Recorder and the Anoka County Registrar <br />of Titles; (ii) the Anoka County Registrar of Titles confirmation that the Anoka County <br />Registrar of Titles will omit the memorials of the Master Declaration and the Second <br />Amendment from future Certificates of Title for the portions of the HRA Property that <br />this Second Amendment releases from the Master Declaration; (iii) the recording of the <br />Declaration in the office of the Anoka County Recorder and the Anoka County Registrar <br />of Titles, the provisions of this Agreement, other than Section 7 (and provisions <br />elsewhere in this Agreement, to the extent such provisions are necessary to establish the <br />meanings of defined terms used in Section 7), shall terminate and be of no further force <br />or effect. The provisions of Section 7 (and provisions elsewhere in this Agreement, to <br />the extent such provisions are necessary to establish the meanings of defined terms used <br />in Section 7) shall survive indefinitely. <br />(b) Enforcement. The Parties to this Agreement have the right to enforce the <br />terms of this Agreement in a legal or equitable action brought in a court of competent <br />jurisdiction, and the prevailing party in any such action is entitled to recover from the <br />opposing party the prevailing party's attorney's fees and costs. No waiver by either party <br />of any default under this Agreement shall be effective or binding upon such party unless <br />made in writing. No waiver of any default shall be deemed a waiver of any other or <br />subsequent default hereunder. <br />(c) Titles of Articles and Sections. Any titles of the several parts, articles and <br />sections of this Agreement are inserted for convenience of reference only and shall be <br />disregarded in construing or interpreting any of its provisions. <br />(d) Counterparts. This Agreement may be executed in any number of <br />counterparts, each of which shall constitute one and the same instrument. <br />(e) Governing Law. This Agreement is made in the state of Minnesota and <br />shall be construed in accordance with the laws thereof. <br />5 <br />4517963v7 <br />