1996-123 Council Resolution - Laserfiche WebLink

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BE IT RESOLVED FURTHER, that Continental may, at any time and from time to time, assign or grant or otherwise convey one or more liens or security interests in its assets, including its rights, obligations and benefits in and to the Franchise (the "Collateral") to any lender providing financing to Continental ("Secured Party"), from time to time. Secured Party shall have no duty to preserve the confidentiality of the information provided in the Franchise with respect to any disclosure (a) to Secured Party's regulators, auditors or attorneys, (b) made pursuant to the order of any governmental authority, (c) consented to by the Authority or (d) any of such information which was, prior to the date of such disclosure, disclosed by the Authority to any third party and such party is not subject to any confidentiality or similar disclosure restriction with respect to such information subject, however, to each of the terms and conditions of the Franchise. ADOPTED by Lino Lakes City Council this 9th day of September Attest: Clerk-Treahurer , 1996. City o Lino Lakes M. or The undersigned, being the duly appointed, qualified and acting Clerk of the City of Lino Lakes, Minnesota hereby certify that the foregoing Resolution No.96-123 is a true, correct and accurate copy of Resolution No.96-123iu1y and lawfully passed and adopted by the City of Lino Lakes on the 9th day of September , 1996.