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Contracts & Agreements_150-2016
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Infrastructure and Economic Development Bank (IBANK) to fund PARIS, accelerated pavement program
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Contracts & Agreements_150-2016
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Last modified
2/12/2020 10:39:20 AM
Creation date
8/18/2016 10:31:31 AM
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Contracts & Agreements
Subject
Installment Sale Agreement
Details
Infrastructure and Economic Development Bank (IBANK) to fund PARIS, accelerated pavement program
Date
7/19/2016
Document Number
150-2016
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SECTION 7.05. Remedies Not Exclusive..................................................................... 40 <br /> ARTICLE V MISCELLANEOUS..............................................................................................41 <br /> SECTION 8.01. California Law; Venue........................................................................41 <br /> SECTION 8.02. Assignment ofIBank's Rights. ...........................................................41 <br /> SECTION 8.03. Third Party Beneficiaries. ................................................................... 41 <br /> SECTION 8.04. Successor Entities................................................................................ 41 <br /> SECTION 8.05. Discharge of Agreement. .................................................................. 422 <br /> SECTION 8.06. Amendment.........................................................................................42 <br /> SECTION 8.07. Waiver of Personal Liability...............................................................43 <br /> SECTION 8.08. Arm's Length Transaction. .................................................................43 <br /> SECTION 8.09. Notices.................................................................................................43 <br /> SECTION 8.10. Contact Persons...................................................... ..........44 <br /> SECTION 8.11. Partial Invalidity..................................................................................44 <br /> SECTION 8.12. Binding Effect.....................................................................................44 <br /> SECTION 8.13. Entire Agreement..............................................................44 <br /> SECTION 8.14. Indemnification. .................................................................................. 45 <br /> SECTION 8.15. Expectations....................................................................46 <br /> SECTION 8.16. Section Headings........................... ........................... .........46 <br /> SECTION 8.17. Time of the Essence... ......... ...............................................46 <br /> SECTION 8.18. Form of Documents............ ........................... ............ .........47 <br /> SECTION 8.19. Waiver of Consequential Damages................................. .........47 <br /> SECTION 8.20. Nondiscrimination................................. ............ ...... ..........47 <br /> SECTION 8.21. Execution in Counterparts...................................................................48 <br /> SECTION 8.22. Usury Savings..................................................................48 <br /> EXHIBIT A APPROVING RESOLUTION OF THE PURCHASER.............................A-1 <br /> EXHIBIT B DESCRIPTION OF THE FACILITY AND PROJECT.............................. B-1 <br /> EXHIBIT C CONDITIONS PRECEDENT TO DISBURSEMENT............................... C-1 <br /> EXHIBIT D FORM OF OPINION OF LEGAL COUNSEL TO PURCHASER............D-1 <br /> EXHIBIT E AMORTIZATION SCHEDULE..................................................................E-2 <br /> EXHIBIT F FORM OF CERTIFICATE OF THE MUNICIPAL UTILITIES AND <br /> ENGINEERING DEPARTMENT DIRECTOR...........................................F-I <br /> EXHIBIT G SCHEDULE OF SOURCES AND USES OF FACILITY FUNDS............H-2 <br /> 3 <br />
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