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Minutes - 6-2-14 Reg. Meeting
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Minutes - 6-2-14 Reg. Meeting
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BK - 00026 PG <br />Courts of Justice and agree, solely for such purposes, that the only venue <br />for any legal proceedings shall be Lee County, North Carolina. The place <br />of this Agreement, and all transactions and agreements relating to it, and <br />their situs and forum, shall be in Lee County, North Carolina, where all <br />matters, whether sounding in contract or tort, or relating to its validity, <br />construction, interpretation, and enforcement shall be determined. <br />i. The COMPANY shall comply with all applicable federal, state, and local <br />laws and regulations. If the COMPANY fails to comply with any law or <br />regulation applicable to it, the County may, in its sole discretion, terminate <br />the Agreement and declare that no future Grant disbursements shall be due <br />and payable and/or require the COMPANY to reimburse the County all or <br />part of any Grant funds previously disbursed following the date of any <br />such violation. <br />j. Failure of the COUNTY at any time to require performance of any term or <br />provision of this Agreement shall in no manner affect the rights of the <br />COUNTY at a later date to enforce the same or to enforce any future <br />compliance with or performance of any of the terms or provisions thereof. <br />No waiver by the COUNTY of any condition or the breach of any terms, <br />provision, or representation contained in this Agreement, whether by <br />conduct or otherwise, in any one or more instances, shall be deemed to be <br />or construed as a further or continuing waiver of any such condition or the <br />breach of that or any other term, provision or representation. <br />k. Assignment. No party shall assign any interest in or obligation under this <br />Agreement without the prior written consent of all of the parties. <br />Termination. The COUNTY may terminate this agreement, without notice <br />to the COMPANY and pursuant to the provisions of this Agreement, for <br />failure to meet the conditions of the grant, for failure of the Project or for <br />violations of the terms of this Agreement or any other reason for termination <br />stated herein. <br />m. Notice. Notice shall be given to the following representatives: <br />To the COUNTY: <br />County Manager <br />408 Summit Drive <br />Sanford, NC 27330 <br />GKN Incentive Agreement — 6.2.14 <br />To the COMPANY: <br />7 <br />
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