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3.9. SR 07-15-2002
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3.9. SR 07-15-2002
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1/21/2008 8:31:52 AM
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7/15/2002
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13. <br />and assigns, <br /> <br />Benefit. This Agreement shall be binding upon the respective parties' successors <br /> <br /> 14. Effective Date. This Agreement shall become effective upon the execution of this <br />Agreement by Escrow Agent and MCCF. This Agreement shall become effective as to each <br />Member upon the date the Member signs the Agreement. <br /> <br /> 15. Notices to Escrow Agent and MCCF. All notices and other communications <br />required or permitted by this Agreement shall be in writing and shall be deemed given to a party <br />when sent by United States mail, delivered to the appropriate address by hand or by a nationally <br />recognized overnight courier service (costs prepaid) or sent by facsimile or e-mail with confirmation <br />of transmission by the transmitting equipment to the following addresses, facsimile numbers or e- <br />mail addresses and marked to the attention of the person (by name or title) designated below or to <br />such other address, facsimile number, e-mail address or person as a party may desig-nate.by notice <br />to the other parties: <br /> <br />TO: <br /> <br />Minnesota Community Capital Fund <br />Attention: Scott Martin <br />13911 Ridgedale Drive <br />Suite 260 <br />Minneapolis, MN 55305 <br />(952) 541-9684(fax) <br />smartin(-~_,northlandinst.org <br /> <br />TO: <br /> <br />Wells Fargo Bank Minnesota, N.A. <br />Attention: Stephen M. Vaillant, Vice President <br />230 West Superior Street <br />P.O. Box 488 <br />Duluth, MN 55801-0026 <br />(218) 723-2660 (fax) <br /> <br />TO: <br /> <br />Member at the address, facsimile number, or e-mail address as is <br />designated on the Loan Fund Escrow Agreement Signature Page. <br /> <br /> 16. Benefit - No Third Party Beneficiaries. This Agreement is entered into for the <br />benefit of MCCF, Escrow Agent and the Members which sign this Agreement and their respective <br />successors and assigns, and there are no third party beneficiaries. <br /> <br /> 17. Counterparts. This Agreement may be executed in counterparts, which, taken <br />together, shall constitute one original. The parties agree that this Agreement may be transmitted <br />among themselves by facsimile. The parties intend that faxed signatures constitute original <br />signatures and a faxed Agreement or counterparts containing the signatures (original or faxed) is <br />binding upon all the parties. <br /> <br /> <br />
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