Loading...
HomeMy WebLinkAbout20171777AMENDMENT TO WELLSONE® COMMERCIAL CARD AGREEMENT This Amendment to WellsOne® Commercial Card Agreement (this "Amendment") is made and entered into effective as of May 31, 2017 (the "Effective Date"), by and between Weld County Colorado ("Customer") and Wells Fargo Bank, N.A. ("Wells Fargo"). Customer and Wells Fargo have entered into that certain WellsOne® Commercial Card Agreement dated August 11, 2005, as the same may have been amended, supplemented or restated from time to time (the "Agreement"); and desire to amend the Agreement as more particularly set forth herein below. In exchange for the mutual promises and agreements hereinafter set forth, and for other good and valuable consideration, and intending to be legally bound hereby, Customer and Wells Fargo hereby agree as follows: 1. Incorporation and Effect. This Amendment is hereby made a part of and incorporated into the Agreement as though fully set forth therein. As supplemented by the terms and conditions set forth in this Amendment, the provisions of the Agreement shall remain in full force and effect, provided that, in the event of a conflict between any provision of this Amendment and any provision of the Agreement, the provision of this Amendment shall control. 2. Definitions. Capitalized terms herein that are not otherwise specifically defined herein shall have the same meanings as set forth in the Agreement. 3. Promise to Pay; Credit Limit. The Agreement is hereby amended by increasing Customer's Credit Limit from $500,000.00 to $2,000,000.00, as referenced in Section One (1) and set forth in Attachment "A-1" of the Agreement. 4. Miscellaneous. This Amendment, together with the provisions of the Agreement not expressly inconsistent herewith, constitutes the entire agreement between the parties with respect to the matters addressed herein, and shall supersede all prior oral or written negotiations, understandings and commitments. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall be deemed to constitute one and the same agreement. A facsimile and other copy of this Amendment with facsimile or copied signatures shall have the full force and effect of the original for all purposes, including the rules of evidence applicable to court proceedings. WELLS FARGO BANK, NATIONAL Weld County Colorado ASSOCIATION Authorized Officer: Jonathan Narlock Signature: Title: Vice President Date: 05/31/2017 652488 v2 clark Authorized fficer: Barba a Kirkmeyer Signatur cting Chair Pro—Te , Board of Title: Weld County Commissioners Date: 6c: (8c) i /7 JUN 1 2 2E7 2017-1777 AC -00024 &-is-aotl Hello