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2oioo9i7� <br />� <br />3. Conve ance of Im rovements. In accordance with Paragraph S of the Agreement, <br />Licensee does hereby convey and relinquish any and all right, title and interest it has in and to <br />the Improvements, as defined in the Agreem�nt, located nn the Released Property to Licensor, <br />AS IS, WHERE IS, AND WTTH ALL FAULTS, known or unknowta. LICENSEE DISCLAIMS <br />AND MAKES N� WARR.ANTY, EXPRESS OR IMPLIED, WITH REGARD TO THE <br />IMPROVEMENTS, INCLUDING WARR.A.NTIES O�' MERCHANTABTLTTY OR FITNESS <br />FOR A PARTICUI.,AR PURPOSE. Licensee agrees to execute the n�cessary documentation to <br />transfer its rights, title and int�rest oF the Improvements to Licensor. <br />4. Ratif cation of A�reement. Except as specifically amended herein, the Agreement <br />remains in full force and effect and Licensor and Licensee ratify and affirm its terms and <br />caanditions and agree that it remains enfarceable in accordance with its terms and conditians, as <br />amended herein, specifically including, witlaout limitation, the Disclosures and Cavenants. <br />5. $indin�_Effect. This Amendment shall be binding on the parties hereto and their <br />successars and permitted assig,ns. <br />Executed as of the da� and year first above written. <br />GRAND ISLAND AREA ECONOMIC <br />DEVEI.,OPMENT CORP. <br />. / �, <br />� r�J ► _ . , ��_.�.:.,._. - . <br />�~ :�- <br />FREIGHTCAR RAIL SERVICES, LLC <br />Successor by merger with <br />DTE RAIL SERVICES, INC. <br />By: I �.-�uJF�,�J � {/�..e"'^.s'� <br />Its: ✓_P, � � � <br />