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2021-124
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2021-124
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Last modified
11/29/2021 3:43:30 PM
Creation date
9/7/2021 2:22:10 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
08/17/2021
Control Number
2021-124
Agenda Item Number
12.E.1.
Entity Name
TIGR Acquisitions III, LLC
(with consulting from SteepSteel LLC)
Subject
Purchase and Sale Agreement for 810 Bailey Road Tower
supporting doscuments added 11_29_21; signed by county admin
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with, any inquiry or offer for any purchase or sale of any interest in the Tower Assets, or any merger, <br />acquisition, combination, sale or other disposition or similar transaction involving Seller or the Tower Assets <br />(collectively, a "Third -Party Proposal"). Seller shall promptly inform Purchaser of the occurrence of a Third - <br />Party Proposal and the terms thereof. <br />19. Miscellaneous. <br />a. This Agreement may be executed in multiple counterparts, via facsimile or .PDF <br />sent via email, which collectively shall constitute one and the same instrument and is to be construed <br />pursuant to the laws of the State of Florida This Agreement sets forth the entire contract between the parties, <br />is binding upon and ensures to the benefit of the parties hereto and their respective heirs, successors and <br />assigns, and may be cancelled, modified or amended only by a written agreement of both the Seller and the <br />Purchaser. <br />b. All notices required hereunder shall be deemed to have been duly given if in writing <br />and mailed by registered, certified mail, postage prepaid, return receipt requested or by email, addressed to <br />the Seller or the Purchaser as the case may be, addressed as follows: <br />If to Purchaser: <br />Jesse M. Wellner <br />Chief Executive Officer <br />TowerPoint <br />1170 Peachtree Street <br />Atlanta, GA 30309 <br />Tel: 678-775-0360 <br />Fax: 866-800-0886 <br />Jesse.Wellner@towerpoint.com <br />If to Seller: <br />Indian River County <br />Attention: County Attorney <br />180127' Street <br />Vero Beach, FL 32960 <br />C. Jurisdiction; Service of Process. Any action or proceeding seeking to enforce any <br />provision of, or based on any right arising out of, this Agreement and to any collateral document shall be <br />brought in the federal courts of the State of Florida and shall have jurisdiction over the parties with respect to <br />any dispute or controversy between them arising under, in connection with this Agreement or any collateral <br />document. Each of the parties consents to the jurisdiction of such courts (and of the appropriate appellate <br />courts) in any such action or proceeding and waives any objection to venue laid therein. Process in any <br />action or proceeding may be served on any party anywhere in the world. <br />d. Specific Performance and Remedies. In the event the Seller should refuse to <br />perform any of its obligations under this Agreement or any Closing Document, the remedy at law would be <br />inadequate and for breach of such obligation, Purchaser shall, in addition to such other remedies as may be <br />available to it at law or in equity, be entitled to injunctive relief and to enforce its rights by an action for <br />specific performance to the extent permitted by applicable law. Nothing herein contained shall be construed <br />as prohibiting Purchaser from pursuing any other remedies available to it pursuant to the provisions of this <br />Agreement or applicable law, including the recovery of damages. <br />e. Assignment. This Agreement shall not be assignable by either party except that <br />Purchaser may assign this Agreement and/or the right to receive the Tower Assets to any Affiliate, any <br />-10- <br />
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