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Item 16 - Purchase and Sale Agreement for 1601 and 1607 N Bristol Street
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Item 16 - Purchase and Sale Agreement for 1601 and 1607 N Bristol Street
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10/8/2024 5:44:47 PM
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10/8/2024 5:02:31 PM
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City Clerk
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Agenda Packet
Agency
Public Works
Item #
16
Date
10/15/2024
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therein, all of which shall be deemed to have accrued upon the commencement of such action or <br />proceeding and shall be paid whether or not such action or proceeding is prosecuted to final <br />judgment. Any judgment or order entered in such action or proceeding shall contain a specific <br />provision providing for the recovery of attorneys' fees and costs, separate from the judgment, <br />incurred in enforcing such judgment. The prevailing Party shall be determined by the trier of fact <br />based upon an assessment of which Party's major arguments or positions taken in the proceedings <br />could fairly be said to have prevailed over the other Party's major arguments or positions on major <br />disputed issues. For the purposes of this Section, attorneys' fees shall include, without limitation, <br />fees incurred in the following: (1) post judgment motions; (2) contempt proceedings; <br />(3) garnishment, levy and debtor and third party examinations; (4) discovery; and (5) bankruptcy <br />litigation. <br />9.11 Construction. The provisions of this Agreement shall not be construed in <br />favor of or against either Party, but shall be construed as if both Parties prepared this Agreement. <br />9.12 Interpretation. The paragraph and section headings in this Agreement are <br />solely for convenience and will not be deemed to limit or otherwise affect the meaning or <br />construction of any part of this Agreement. Any pronoun used in this Agreement will be deemed <br />to cover all genders. The terms "include," "including," and similar terms will be construed as if <br />followed by the phrase "without being limited to." The term "or" has, except where otherwise <br />indicated, the inclusive meaning represented by the phrase "and/or." The words "hereof," <br />"herein," "hereby," "hereunder," and similar terms in this Agreement refer to this Agreement <br />as a whole and not to any particular provision or section of this Agreement. Words in this <br />Agreement importing the singular number will mean and include the plural number, and vice versa. <br />9.13 No Waiver. No waiver by a Party of a breach of any of the terms, covenants, <br />or conditions of this Agreement by the other shall be construed or held to be a waiver of any <br />succeeding or preceding breach of the same or any other term, covenant or condition contained <br />herein. No waiver of any default by a Party shall be implied from any omission by the other Party <br />to take any action on account of such default if such default persists or is repeated and no express <br />waiver shall affect a default other than as specified in such waiver. The consent or approval by <br />either Party to or of any act by the other requiring the first Party's consent or approval shall not be <br />deemed to waive or render unnecessary the consenting Party's consent or approval to or of any <br />subsequent similar acts by the other Party. <br />9.14 Severability of Provisions. Wherever possible, each provision of this <br />Agreement will be interpreted in such manner as to be effective and valid under applicable law, <br />but if any provision of this Agreement will be prohibited by or invalid under applicable law, such <br />provision will be ineffective only to the extent of such prohibition or invalidity, without <br />invalidating the remainder of such provision or the remaining provisions of this Agreement. <br />9.15 Incorporation of Exhibits. Except as intentionally omitted, all exhibits <br />attached hereto and referred to herein are incorporated into the Agreement as though fully set forth <br />herein. <br />9.16 Counterparts. This Agreement may be executed in any number of <br />counterparts and by different Parties to this Agreement in separate counterparts, each of which <br />-17- <br />
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