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SPOT, THE (10 SPOT, INC)
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SPOT, THE (10 SPOT, INC)
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Last modified
8/29/2024 2:52:29 PM
Creation date
6/11/2020 8:59:56 AM
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Contracts
Company Name
SPOT, THE (10 SPOT, INC)
Contract #
A-2017-396
Agency
PLANNING & BUILDING
Council Approval Date
11/21/2017
Expiration Date
12/31/2020
Destruction Year
2025
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D. Unauthorized transfer by OPERATOR of the City of Santa Ana cannabis business <br />Regulatory Safety Permit issued by CITY; <br />E. Failure by OPERATOR to accurately report gross receipts information or other data <br />necessary for CITY to calculate/confirm operating agreement fees; <br />F. Failure by OPERATOR to pay operating agreement fees and related reimbursement <br />costs within thirty (30) days of the date those fees are due; <br />G. Failure by OPERATOR to cooperate with CITY or CITY's authorized agents in any <br />inspection, examination and audit of OPERATOR's commercial cannabis business <br />books and records (including tax filings and returns). <br />H. OPERATOR shall cure the default resulting from the cause for termination within <br />thirty (30) days of the date of the notice of termination. If OPERATOR fails to cure <br />the default within thirty (30) days of the date of the notice of termination for cause, <br />this AGREEMENT will be terminated. <br />I. This AGREEMENT will automatically terminate if. <br />i. OPERATOR's Regulatory Safety Permit is revoked by CITY or is not renewed by <br />CITY, or <br />ii. OPERATOR transfers its Regulatory Safety Permit pursuant to Santa Ana <br />Municipal Code section 40-12. <br />9. Termination Without Cause. <br />Upon mutual written agreement of the Parties, this AGREEMENT may be terminated <br />with thirty (30) days' notice. <br />10. Termination - Effect on Prior Obligations <br />Upon any termination of this AGREEMENT, OPERATOR's obligation to report <br />and remit operating agreement fees due and payable under the terms of this AGREEMENT <br />for each month or fraction of a month of a cannabis business operation engaged in within <br />the City of Santa Ana prior to termination of this AGREEMENT shall continue to be in effect. <br />Past due penalties and late interest charges shall continue to accrue and be applicable until <br />all operating fees due under this AGREEMENT are paid in full. OPERATOR's liability for <br />any remaining unpaid past due penalties and/or late interest charges shall continue until fully <br />satisfied. <br />11. Remedies. <br />A. It is acknowledged by the parties that CITY would not have entered into this <br />AGREEMENT if it were to be liable in damages under this AGREEMENT, or with <br />respect to this AGREEMENT or the application thereof, except as hereinafter <br />expressly provided. <br />4 <br />
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