HomeMy WebLinkAboutConfirmation - Representations & Warranties - 2004 CONFIRMATION
Representations and Warranties
This Confirmation, executed by The City of Carmel Redevelopment
Commission ("CRC"), and Pedcor Office, LLC ("Pedcor"), this j606,.day of December,
2004, WITNESSES:
Recitals
WHEREAS, CRC and Pedcor, as assignee of Pedcor Investments, LLC,
have entered that certain Project Agreement of even date herewith (the "Project
Agreement");
WHEREAS, pursuant to the Project Agreement, each of CRC and Pedcor
made certain representations and warranties (the "Representations");
WHEREAS, the Project Agreement requires that, at the closing with
respect to the Phase I Site (as defined in the Project Agreement), each of CRC and
Pedcor shall execute a confirmation of the applicable Representations; and
•
WHEREAS, CRC and Pedcor desire to execute this Confirmation, as
required by the Project Agreement;
Confirmation
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are acknowledged, CRC and Pedcor confirm the applicable
Representations as follows:
1. CRC Confirmation. CRC certifies and confirms that each of the
representations and warranties set forth in Subsection 11(a) of the Project Agreement is
true and correct in all respects as of the date hereof.
2. Pedcor Confirmation. Pedcor certifies and confirms that each of the
representations and warranties set forth in Subsection 11(b) of the Project Agreement is
true and correct in all respects as of the date hereof.
IN WITNESS WHEREOF, CRC and Pedcor have executed this
Certification as of the date set forth above.
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THE CITY OF CARMEL
REDEVELOPMENT
COMMISSION
By: %; - '
Printed:
Title:
PEDCOR OFFICE, LLC
By: ; 4
Printed: .3 v uce • C 4-4
Title: Pest c ec*
C:\Documents and Settings\pamp\L.ocal Settings\Temporary Internet 16Dec04
Files\OLKE\Co nfir92.doc