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<br />18 <br /> <br />hereof to prove the contents hereof. Moreover, the Parties hereto further acknowledge and agree <br />that this Agreement may be signed and/or transmitted by e-mail or a .pdf document or using <br />electronic signature technology (e.g., via DocuSign or similar electronic signature technology) <br />(“Electronic Means”), and that such signed electronic record shall be valid and as effective to bind <br />the party so signing as a paper copy bearing such party’s handwritten signature. The Parties further <br />consent and agree that: (a) to the extent a party signs this Agreement using electronic signature <br />technology, by clicking “SIGN”, such party is signing this Agreement electronically; and (b) the <br />electronic signatures appearing on this Agreement shall be treated, for purposes of vali dity, <br />enforceability, and admissibility, the same as handwritten signatures. <br />8.14 Assignment. Until the Project is completed, the rights and obligations contained in <br />this Agreement may not be assigned by the Company or any affiliate thereof without the express <br />prior written consent of each of the City Bodies; provided, however, that the Company may transfer <br />all or a portion of its rights and obligations hereunder to an affiliate of the Company upon notice to <br />but without the consent of the City Bodies, but any such transfer to an affiliate of the Company <br />shall not have the effect of releasing the Company and/or its assignees from the Company’s <br />obligations hereunder. Notwithstanding the foregoing, if this Agreement is transferred to an <br />affiliate of the Company, the Company will not be a party to, or otherwise obligated under, any <br />Loan Agreement or Taxpayer Agreement. Upon completion of the Project, the Company shall be <br />entitled to assign this Agreement to any purchaser of the Project without City’s prior written <br />consent; provided such purchaser shall be required to assume all obligations of the Company under <br />this Agreement arising after such purchase. Upon such assumption, the Company shall be released <br />from all obligations pursuant to this Agreement arising after the date the purchaser assumes this <br />Agreement. With respect to any assignment of this Agreement prior to the date that is three (3) <br />years following the Completion Date, Company shall demonstrate to the City that the new purchaser <br />and associated affiliates of the Project have comparable financial strength and reputation as the <br />Company, including its affiliates. <br />8.15 No Third Party Beneficiaries. This Agreement shall be deemed to be for the benefit <br />solely of the Parties and shall not be deemed to be for the benefit of any third party. <br />8.16 Effective Date. Notwithstanding anything herein to the contrary, this Agreement <br />shall not be effective until all parties hereto have executed this Agreement and each of the City <br />Bodies have approved or ratified this Agreement at public meetings. <br /> <br /> <br />[Signatures follows on next page]