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- h <br /> • <br /> • 4. Reimbursement of all reasonable fees incurred in the Authority's review of the <br /> proposed transactions; and <br /> 5. The successful closing of the transaction described in the Meredith/Continental <br /> Agreement. <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 Parry shall have <br /> no duty to preserve the confidentiality of the information provided in the Franchise with respect <br /> to any disclosure (a) to Secured Parry'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 which 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 information subject, however, to each of the terms and conditions of the Franchise. <br /> Adopted this _z�� day of 5ei4r-- beat- , 1996. <br /> • <br /> 4-a&yvor <br /> ATTEST: <br /> City Clerk <br /> Reviewed for administration: <br /> City Manager <br /> The undersigned, being the duly appointed, qualified and acting Clerk of the City of St. <br /> Anthony, Minnesota hereby certifies that the foregoing Resolution No. 9/- -n s <br /> is a true, correct and accurate copy of Resolution No. 17/. -D S--�— duly and lawfully <br /> passed and adopted by the City of St. Anthony on the -74 -t day of .- <br /> 1996. <br /> City Clerk <br /> 0 <br />