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Transportes Intercalifornias 1
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Transportes Intercalifornias 1
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Last modified
3/25/2024 2:40:25 PM
Creation date
5/9/2003 4:00:20 PM
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Contracts
Company Name
Transportes Intercalifornias
Contract #
A-2003-010
Agency
Community Development
Council Approval Date
1/21/2003
Expiration Date
10/1/2006
Insurance Exp Date
1/15/2006
Destruction Year
2014
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DO NOT RECORD <br />(b) <br />Licensor shall have at its sole discretion the option of terminating this <br />Agreement if Licensee loses its license to provide Bus transportation <br />services for any reason, including, but not limited to, nomenewal, <br />cancellation, or expiration of its license. Consultant shall notify the City <br />immediately and in writing of her inability to obtain or maintain such <br />permits, licenses, approvals, waivers, and exemptions. Said inability shall <br />be cause for termination of this Agreement. <br />ARTICLE 6 — ASSIGNMENT, ABANDONMENT, DEFAULT, INSOLVENCY <br />Section 6.01 Assignment <br />Licensee may not assign this Agreement. This Agreement is personal to Licensee, and <br />Licensee will not assign, transfer or sell this Agreement or any privilege hereunder in <br />whole or in part, and any attempt to do so will be void and confer no right upon any third <br />party - <br />Section 6.02 Abandonment by Licensee <br />Should Licensee breach this Agreement and abandon the License Area prior to the <br />expiration of the Term or Renewal Term, Licensor may: <br />(a) Continue this License in effect by not terminating Licensee's right to the <br />License Area, in which event Licensor shall be entitled to enforce all of its <br />rights and remedies under this Agreement, including the right to recover <br />the compensation/consideration specified in this Agreement as it becomes <br />due under this Agreement; or <br />(b) Terminate this Agreement and recover from Licensee: <br />The worth at the time of award of the unpaid compensation which has <br />been earned or the sum of one (1) year's compensation, whichever is <br />greater, at the time of termination of the Agreement; or <br />2. The worth at the time of award of the amount by which the unpaid <br />compensation which would have been earned after termination of the <br />Agreement until the time of award exceeds the amount of <br />compensation loss that Licensee proves could have been reasonably <br />avoided; or <br />3. The worth at the time of award of the amount by which the unpaid <br />compensation for the balance of the term of this Agreement after the <br />time of award; and, <br />4. Any other amount necessary to compensate Licensor for all detriment <br />proximately caused by Licensee's failure to perform its obligations <br />under this Agreement. <br />
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