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5A8 & 9 Assignment - Confirmation Agreements (Great Lakes Capital) - Signed
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5A8 & 9 Assignment - Confirmation Agreements (Great Lakes Capital) - Signed
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11/27/2024 2:15:08 PM
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11/27/2024 2:14:56 PM
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ASSIGNMENT OF PROJECT FUNDS AGREEMENT PAGE 2 <br />2. Acceptance. As a condition to Assignee receiving any Project Funds requested in a <br />Claim for City, Assignee hereby covenants and agrees (subject to it having signed a Claim for City <br />and receiving any portion of Project Funds) to be bound by the terms and conditions of the READI <br />program as well as certain provisions of the Subgrant Agreement as if Assignee were an original <br />party/grantee thereto, including the following Sections: <br />Section Section Heading <br />Section 8 Restrictions of Project Funds <br />Section 10 Compliance with Laws <br />Section 11 Compliance with Audit and Reporting Requirements; Maintenance <br />of Records <br />Section 25 Periodic Monitoring Reviews <br />Section 30 Good Faith Assurances <br />Assignor and Assignee agree to cooperate, in good faith, with making any certifications required <br />from the RDA and/or to (a) respond to reasonable requests from the RDA with respect to the any <br />and all Claims for City, and (b) otherwise comply in full with the Subgrant Agreement for any <br />Claim for City. <br />3. Signatures. This Assignment may be executed in counterparts, each of which shall <br />be deemed an original, but all of which together shall constitute one and the same instrument. The <br />parties hereto may execute and deliver this Assignment by forwarding facsimile, e-mail, or other <br />means of copies of this Assignment showing execution by the party sending the same, and the <br />parties agree and intend that such signature shall have the same effect as an original signature and <br />that the parties shall be bound by such means of execution and delivery. <br />4. Governing law. This Assignment Agreement shall be construed and enforced in <br />accordance with the internal laws of the State of Indiana. Neither party hereto shall have the right <br />to further assign any rights to Project Funds or other benefits under the Subgrant Agreement <br />without obtaining the prior written agreement of the counterparty hereto, together with consent of <br />the RDA. <br />5. Miscellaneous. <br />A. The headings in this Assignment Agreement are intended solely for <br />reference and will be given no effect in the construction or interpretation of this Agreement. <br />B. The parties agree that this Assignment Agreement, including any attached <br />exhibits and/or attachments, supersedes all prior oral and written proposals and communications, <br />if any, and sets forth the entire agreement of the parties with respect to the subject matter hereof.
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