232-26 Agreement for Transfer of Police Vehicle.pdf

TRANSFEREE also acknowledges that, as of the Delivery Date it is solely responsible for any liability to third parties with respect to the Vehicle which may occur at or after the time the Vehicle entered into TRANSFEREE’S possession. ARTICLE 7. TRANSFEROR’S REPRESENTATIONS TRANSFEROR makes the following representations: 7.1 TRANSFEROR has obtained the necessary municipal approvals for transfer of the Vehicle, including passage of any and all necessary resolutions for the effectuation of such transfer. 7.2 TRANSFEROR represents that TRANSFEROR currently is the lawful owner of the Vehicle and has the authority to transfer it free and clear from all encumbrances whatsoever. TRANSFEROR does hereby covenant and agree that it shall take all necessary actions to give TRANSFEREE possession of the Vehicle and execute and deliver such further instruments of conveyance, transfer and assignment as TRANSFEREE may reasonably request in order to effectively convey and transfer the Vehicle to TRANSFEREE, to confirm the title thereof to TRANSFEREE, and to assist TRANSFEREE in exercising its rights with respect thereto, subject to TRANSFEREE forgoing reimbursement for the transfer from TRANSFEREE to TRANSFEROR of the police officer. ARTICLE 8. MISCELLANEOUS 8.1 No assignment by a party hereto of any rights under or interests in the Contract Documents will be binding on another party hereto without the written consent of the party sought to be bound; and specifically but without limitation, moneys that may become due and moneys that are due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the contract documents. 8.2 The TRANSFEROR and TRANSFEREE each binds itself, its successors, assigns and legal representatives to the other party hereto, its successors, assigns and legal representatives in respect to all covenants, agreements and obligations contained in the Contract Documents. IN WITNESS WHEREOF, the parties hereto have signed this Agreement. All portions of the TOWNSHIP OF WEST ORANGE TOWNSHIP OF CEDAR GROVE BY: _________________________ BY: _________________________