My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R98-41 AUTHORIZING LOAN AGREEMENT
COD
>
City Clerk
>
RESOLUTIONS
>
1998
>
R98-41 AUTHORIZING LOAN AGREEMENT
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/12/2016 11:58:02 AM
Creation date
4/12/2016 11:58:00 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R98-41
Res Ord Title
AUTHORIZING LOAN AGREEMENT - ONE MAIN PLACE
Approved Date
3/30/1998
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
33
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
� . <br /> r �;. <br /> -17- <br /> 6.2 Sale of Assets. Convey, sell, transfer, lease, or sell <br /> and lease back all or any substantial portion of One Main Place <br /> assets or business to any other person, firm or corporation <br /> except in the ordinary course of business. Decatur will not <br /> unreasonably withhold consent to any action proposed by Cardwell <br /> under the terms of this paragraph. <br /> 6. 3 Mergers. Merge or consolidate One Main Place <br /> with or into any other firm or corporation without the prior <br /> written consent of Decatur, which consent shall not be <br /> unreasonably withheld provided that the resulting firm or <br /> corporation agrees to assume all obligations of Cardwell under <br /> this Agreement, the Note and the Collateral Documents, and has a <br /> financial condition and business reputation that is equivalent to <br /> or better than Cardwell 's prior to such merger or consolidation. <br /> 6.4 Relocation. Move, or announce his intention to move, <br /> his principal place of business outside the limits of the City of <br /> Decatur, Illinois. <br /> ARTICLE VII - Federal Covenants <br /> During the term of this Agreement and so long thereafter as <br /> the Note and any other indebtedness of Cardwell to Decatur, <br /> including any indebtedness for fees and expenses, shall remain <br /> unpaid: <br /> 7. 1 Employment Practices. <br /> (a) Cardwell will not discriminate against any employee or <br /> applicant for employment because of race, color, religion, sex or <br />
The URL can be used to link to this page
Your browser does not support the video tag.