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11-8-01 12. BOND PURCHASE AGREEMENT
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11-8-01 12. BOND PURCHASE AGREEMENT
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Last modified
8/22/2023 4:55:35 PM
Creation date
10/4/2021 10:31:38 AM
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x Address Old
House Number
2040
Street Name
Wayzata
Street Type
Boulevard
Street Direction
West
Address
2040 Wayzata Boulevard West
Document Type
Land Use
PIN
3411823210036
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disclosure respecting the Bonds or from any insufficiency of or default under the <br /> Continuing Disclosure Agreement. <br /> (g) All indemnification of the Issuer and other agreements respecting payment <br /> of costs of the Issuer provided in this Bond Purchase Agreement shall not be subject to <br /> limitation and shall survive expiration or termination of this Bond Purchase Agreement, <br /> notwithstanding any provision herein to the contrary. <br /> 11. Notices. Any notice or other communication to be given to the Issuer or <br /> the Borrower under this Bond Purchase Agreement may be given by delivering the same <br /> in writing to the addresses set forth above, and any such notice or other communication to <br /> be given to the Underwriter may be given by delivering the same in writing to the <br /> Underwriter c/o Manager, Public Finance Department. <br /> 12. Benefit. This Bond Purchase Agreement is made solely for the benefit of <br /> the Issuer, the Borrowers and the Underwriter(including its successors or assigns), and no <br /> other person, partnership, association or corporation shall acquire or have any right <br /> hereunder or by virtue hereof. <br /> 13. Approval. The approval of the Underwriter when required hereunder or <br /> the determination of its satisfaction as to any document referred to herein shall be in <br /> writing signed by the undersigned and delivered to you. <br /> 14. Governing Law; Counterparts; Consent to Jurisdiction. This Bond <br /> Purchase Agreement shall be governed by the laws of the State and may be executed in <br /> several counterparts, each of which shall be regarded as an original and all of which shall <br /> constitute one and the same document. <br /> The following two paragraphs concerning arbitration shall not apply to the Issuer. <br /> Any dispute or claim arising from or relating to this Bond Purchase Agreement, or <br /> the breach, termination or invalidity thereof, shall be finally settled by arbitration <br /> administered by the American Arbitration Association pursuant to the Commercial <br /> Arbitration Rules as then in force, except as modified by the specific provisions of this <br /> Bond Purchase Agreement. The law applicable to the validity of this arbitration <br /> provision, the conduct of the arbitration, including any resort to a court for provisional <br /> remedies, the enforcement of any award and any other question of arbitration law or <br /> procedure shall be the Uniform Arbitration Act, Minnesota Chapter 572. The parties <br /> agree that the Minnesota State courts and the federal courts located in the State shall have <br /> exclusive jurisdiction over an action brought to enforce the rights and obligations arising <br /> from this provision to arbitrate, and each of the parties hereto irrevocably submits to the <br /> jurisdiction of said courts. Notwithstanding the foregoing, however, application may be <br /> made by either party to any court of competent jurisdiction wherever situated for <br /> enforcement of any judgment and the entry of whatever orders are necessary for such <br /> enforcement. Process in any action arising out of or relating to this Bond Purchase <br /> Agreement may be served on either party to this Bond Purchase Agreement anywhere in <br /> the world by delivery in person against receipt or by registered or certified mail, return <br />
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