Laserfiche WebLink
<br />A.12.b. The CWCB hereby agrees to void the Assignment of Certificate of <br />Deposit and release to the BORROWER the certificate of deposit. <br /> <br />c. The Contract is amended by the addition of the following paragraphs: <br />A.21 Contract Amendment Service Fees. Under certain circumstances, the <br />BORROWER shall be assessed a fee for amending the contract. <br />a. A service fee shall be imposed on the BORROWER for amendments <br />processed for the benefit of the BORROWER and necessary for the <br />BORROWER'S course of business, including, but not limited to, a change in <br />borrower name (novation), assignment of contract, substitution of collateral, <br />loan payment deferments in excess of 3 per loan, and loan consolidation. <br />Amendments in the course of CWCB business, including, but not limited to, <br />loan payment deferments (up to 3 per loan) and changes in terms of loan <br />repayment will be processed at no additional charge to the borrower. <br />b. The amount charged shall be the fee rate structure in accordance with the <br />CWCB Loan Service Charge Policy in effect at the time the BORROWER <br />shall request an amendment. The current fee for an amendment is $1,000. <br /> <br />c. The BORROWER shall remit the service fee to the CWCB prior to initiation of <br />the amendment. Any service fee remitted to the CWCB cannot be <br />refunded. <br />Special Provision 11. Software Piracy Prohibition Governor's Executive <br />Order <br /> <br />No State or other public funds payable under this Contract shall be used for the <br />acquisition, operation or maintenance of computer software in violation of United <br />States copyright laws or applicable licensing restrictions. The Contractor hereby <br />certifies that, for the term of this Contract and any extensions, the Contractor has <br />in place appropriate systems and controls to prevent such improper use of public <br />funds. If the State determines that the Contractor is in violation of this paragraph, <br />the State may exercise any remedy available at law or equity or under this <br />Contract, including, without limitation, immediate termination of the Contract and <br />any remedy consistent with United States copyright laws or applicable licensing <br />restrictions. <br /> <br />SpeCial Provision 12. Employee Financial Interesl CRS 24-18-201 & <br />CRS 24-50-507 <br /> <br />The signatories aver that to their knowledge, no employee of the State of <br />Colorado has any personal or beneficial interest whatsoever in the service or <br />property described herein. <br /> <br />Special Provision 13. Choice of Law. <br /> <br />The laws of the State of Colorado and rules and regulations issued pursuant <br />thereto shall be applied in the interpretation, execution, and enforcement of this <br />contract. Any provision of this contract, whether or not incorporated herein by <br />reference, which provides for arbitration by any extra-judicial body or person or <br /> <br />Page 3 of 5 <br />