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201400141 <br /> administrators and assigns (hereinafter "Cargill Releasees"), of and from all claims, debts, <br /> damages, demands, actions, suits, arbitration proceedings, expenses, and liabilities whatsoever, <br /> which the releasing party may have or hereafter claim to hold or possess against any Cargill <br /> Releasees, concerning the Released Matter (specifically including all Existing Contracts and all <br /> now existing or hereafter arising obligations thereunder) or in respect of the Credit Agreement, <br /> the Consents, the Facilities, or in any manner or respect with regard to BEE Parties or the loans <br /> to BFE Parties or Cargill's actions or inactions as relates to the BFE Parties or the loans to the <br /> BFE Parties. <br /> 5. Collateral Agent represents and warrants (i) that it has been appointed as attorney- <br /> in-fact of BFE Parties as described in Recitals E and F above, for purposes of, among other <br /> things, taking actions with respect to the Existing Contracts of the type contemplated herein and <br /> by the transactions contemplated hereby, and it has full power and authority under the Deed in <br /> Lieu Agreement and the Consents to execute and perform this Agreement, on its own behalf and <br /> on behalf of the BFE Parties as attorney-in-fact of the BFE Parties, and (ii) that this Agreement, <br /> the Deed in Lieu Agreement and the Consent constitute the legal, valid and binding obligations <br /> of Collateral Agent and Administrative Agent, enforceable against Collateral Agent and <br /> Administrative Agent in accordance with their respective terms, except to the extent limited by <br /> bankruptcy, reorganization or other laws of general application relating to or affecting the <br /> enforcement of creditors' rights. <br /> 6. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN <br /> ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT <br /> REGARD TO THE CONFLICT OF LAW RULES THEREOF (OTHER TITAN <br /> SECTION 5-1401 OF TnE NEW YORK GENERAL OBLIGATIONS LAW). EACH OF <br /> THE PARTIES HERETO, TO THE EXTENT PERMITTED BY APPLICABLE LAW, <br /> WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING <br /> ARISING OUT OF, IN CONNECTION WITH OR RELATING TO, THIS AGREEMENT <br /> AND ANY OTHER TRANSACTION CONTEMPLATED HEREBY. THIS WAIVER <br /> APPLIES TO ANY ACTION, SUIT OR PROCEEDING WHETHER SOUNDING IN <br /> TORT, CONTRACT OR OTHERWISE. <br /> 7. This Agreement shall be binding upon and inure to the benefit of the parties <br /> hereto, and their respective successors and permitted assigns. <br /> 8. This Agreement contains the entire understanding and agreement of the parties <br /> hereto in respect of the subject matter hereof and supersedes all prior representations, warranties, <br /> agreements and understandings. No provision of this Agreement may he changed, discharged, <br /> supplemented, terminated or waived except in a writing signed by BFE Parties, Cargill Parties <br /> and Administrative Agent. The provisions of this Agreement arc intended to be severable. If any <br /> provision of this Agreement shall be held invalid or unenforceable in whole or in part in any <br /> jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such <br /> invalidity or enforceability without in any manner affecting the validity or enforceability of such <br /> provision in any other jurisdiction or the remaining provisions of this Agreement in any <br /> jurisdiction. Time is of the essence in this Agreement. This Agreement may be executed in one <br /> or more counterparts, each of which shall be deemed an original and all of which together shall <br /> constitute one and the same document. <br /> (4194096) <br /> 4828-8864-8727.4 <br />