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6) <br /> <br />That Continental may, at any time and from time to time, assign or grant or otherwise <br />convey one or more liens or security interests in its assets, including its rights, obligations <br />and benefits in and to the Franchise (the "Collateral") to any lender providing financing to <br />Continental ("Secured Party"), from time to time. Secured Party shall have no duty to <br />preserve the confidentiality of the information provided in the Franchise with respect to any <br />disclosure (a) to Secured Party's regulators, auditors or attorneys, (b) made pursuant to the <br />order of any govemmental authority, (c) consented to by the Authority or (d) any of such <br />information which was, prior to the date of such disclosure, disclosed by the Authority to <br />any third party and such party is not subject to any confidentiality or similar disclosure <br />restriction with respect to such information subject however, to each of the terms and <br />conditions of the Franchise. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Beahen and upon vote being taken thereon, the following voted in favor thereofi <br /> <br />Mayor Hardin <br />Councilmember Peterson <br />Councilmember Beahen <br />Councilmember Zimmerman <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br />and the following were absent: <br /> <br />Councilmember Beyer <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this <br />the 9th day of September, 1996. /x')'~[ ~ (~'~ ~x, <br /> \ <br /> <br /> Mayor <br /> <br />~ X'~fiinistrator <br /> <br /> <br />