Laserfiche WebLink
<br />5, In consideration of Lessor's Consent set forth below, Lessee and Assignee each <br />represents and warrants to Lessor that (a) it has the power to enter mto and perform tlllS <br />Assignment and has taken all necessary and appropriate action to authorize the execution <br />and performance hereof, and (b) if the Effective Date is prior to the end of the term of the <br />Governmental Lease-Purchase Agreement with respect to the Property, the terms of this <br />Assignment are bona fide and arm's length and Assignee will pay fair market value fClI" <br />the Property. <br /> <br />6, In consideration of Lessor's Consent set forth below. Lessee and Assil,Tflce agree to jointly <br />and severally indemnify Lessor for, and hold Lessor harmless from, any cost or loss <br />resulting, directly or indirectly, from this Assignment and the transactions contemplated <br />hereby or related hereto, including, but not limited to, any cost, loss or income tax <br />resulting ii"om any incorrect or inaccurate statement herein or any failure to comply with <br />the tel111S hereof, <br /> <br />7, Lessee and Assignee hereby waive and discharge any defense or claim each or both may <br />have against Lessor ti"OIn or in relation to the Govemmental Lease-Purchase Al,rreement, <br />this Assignment, or the Property, <br /> <br />8, Lessee is no way released fraln the Governmental Lease-Purchase Agreement. but shall <br />remain and continue fully liable thereon until the full performance thereof and paymcnt <br />thereof, notwithstanding any agreements, arrangements, releases, compromises or <br />novations whatsoever which may be made by Lessor with Assignee or any other party <br />concerning the Govel11mental Lease-Purchase Agreement, the Property, or this <br />Assignment. Assignee's exercise of any rights under the Governmental Lease-Purchase <br />Agreement shall not release Lessee from ,my of its duties or obligations to Lessor under <br />the Govemmental Lease-Purchase Abrreement. <br /> <br />IN WITNESS WH <br /> <br /> <br />the paI1ies hereto have duly executed this Assignment. <br /> <br />C_~~:.2 .5 <br /> <br />Assignee <br /> <br />Signature <br /> <br />Signature <br /> <br />Name <br />---.--......-- <br /> <br />Name <br /> <br />Title <br /> <br />Title <br /> <br />CONSENT: <br /> <br />Caterpillar l:inancial Services Corporation hereby accepts and consents to the foregoing <br />Assignment this ___ day ot~_____ <br /> <br />Caterpillar Financial Services COIvoration <br /> <br />Signature_ <br /> <br />Name <br /> <br />Title <br />