Laserfiche WebLink
5 <br /> <br />B. Grantee and Authority mutually agree to hold harmless and defend each other, their <br />officials, officers, employees, agents, representatives, customers, or invitees against any <br />and all claims, lawsuits, damages, or lawsuits for damages arising from or allegedly arising <br />from or related to the project, including but not limited to Grantee’s or Authority’s acts, <br />failure to act, or failure to perform its obligations hereunder. Grantee and Authority further <br />agree to pay the costs of and/or reimburse each other, their officials, officers, employees, <br />agents, representatives, customers, or invitees for any and all liability, costs, and expenses <br />(including without limitation reasonable attorney’s fees and costs) incurred in connection <br />with such acts or failures. Each party is required to promptly notify the other of any claim <br />made for any such damage or loss and afford that party and its counsel the opportunity to <br />contest, compromise, or settle such claim. <br /> <br />C. Nothing in this Grant Agreement will constitute a waiver by Authority of any statutory <br />limits or exceptions on liability. <br />ARTICLE 3 <br />GRANTEE REPRESENTATIONS AND WARRANTIES <br /> <br />Section 3.01 Grantee represents and warrants to the Lender that: <br /> <br />A. It is a Minnesota municipal corporation duly organized and in good standing under <br />applicable laws of the State of Minnesota and that it has legal Authority to execute, <br />deliver, and perform its obligations under this Agreement. <br /> <br />B. The execution and delivery of this and the performance by Grantee of its obligations <br />hereunder, do not and will not violate or conflict with any provision of law or the <br />operating agreement of Grantee and do not and will not violate or conflict with, or <br />cause any default or event of default to occur under, any agreement binding upon <br />Grantee. <br /> <br />C. Grantee warrants that it has fully complied with all applicable state and federal laws <br />pertaining to its business and will continue to comply throughout the terms of this <br />Agreement. If at any time Grantee receives notice of noncompliance from any <br />governmental entity, Grantee agrees to take any necessary action to comply with the <br />state or federal law in question. <br /> <br />D. Grantee will obtain, or cause to be obtained, in a timely manner, all required permits, <br />licenses and approvals, and will meet, in a timely manner, all requirements of all <br />applicable local, state, and federal laws and regulations which must be obtained or met <br />for the completion of the Project and operation of the Property. <br /> <br />E. To the best of Grantee’s knowledge and except as disclosed in the environmental <br />reports provided to Authority by Grantee, the Project is free of hazardous substances <br />and is not subject to any “Super Fund” type liens or claims by governmental regulatory <br />agencies or other third-parties arising from the release or threatened release of <br />hazardous substances in, on or about the Property. Grantee also represents and