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<br />7. Representations. The Assignor and the Assignee hereby warrant and represent <br />to Lender that (i) they have full power and authority to execute and deliver this Agreement and <br />the documents related hereto, and that this Agreement and the documents related hereto <br />constitute the legal, valid and binding obligations of said party, enforceable in accordance with <br />their respective terms; and (ii) each of them has fully considered the terms of this Agreement and <br />the documents related hereto and has had the opportunity to discuss this Agreement with its legal <br />counsel, and that each of them is executing this Agreement and the documents thereto without <br />any coercion or duress on the Lender. <br />8. Release. The Assignor and the Assignee hereby release Lender, each of its <br />officers, directors, employees, legal counsel and other representatives from any and all claims, <br />demands, causes of action, liability, damage, loss, costs and expenses which it has paid, incurred <br />or sustained or believed that it has paid, incurred or sustained, known or unknown, absolute or <br />contingent, liquidated or unliquidated, as a result of or related to (i) the transactions evidenced by <br />or related to the Loan Documents or this Agreement, (ii) any acts or omissions of the Lender or <br />any of its officers, directors, agents or employees in connection therewith or related thereto, <br />(iii) any acts or omissions of Lender or any of its officers, directors, agents or employees in <br />connection therewith or related thereto, or (iv) the extension or denial of credit. <br />9. No Defenses. The Assignor and the Assignee acknowledge and agree with <br />Lender that no events, conditions or circumstances have arisen or exist as of the date hereof <br />which would give the Assignor or the Assignee the right to assert a defense, claim, counterclaim <br />and/or setoff any claim by Lender for payment of amounts owing under the Loan Documents. <br />Any defense, right of setoff, claim or counterclaim which might otherwise be available to the <br />Assignor or Assignee against Lender with respect to the Loan Documents is hereby fully and <br />finally waived and released in all respects. <br />10. Further Assurances. The Assignor and the Assignee hereby agree to execute <br />and deliver to Lender such other agreements, documents and instruments as are deemed <br />necessary or advisable by Lender in order to effectuate the purposes of this Agreement. <br />11. Authority. The Assignor and the Assignee hereby represent and warrant that <br />they have full power and authority to execute this Agreement and the documents related <br />hereto, that the partners, members and/or governors (as the case may be) of each such party <br />have taken all actions necessary to authorize the execution of this Agreement, and that the <br />manager executing this Agreement on behalf of each such entity have been duly authorized to <br />execute this Agreement and the documents related hereto. <br />12. Notice. For purposes of notice under the Loan Documents, the Assignees’s <br />address is: <br />Twin City Metal Works, LLC <br />_________________________ <br />Attn: __________________ <br />4 <br />DOCSOPEN\\EL185\\56\\816081.v3-9/29/22 <br />