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25T - ACQUISITION SETTLEMENT 323 S BRISTOL STREET
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25T - ACQUISITION SETTLEMENT 323 S BRISTOL STREET
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Last modified
1/3/2012 4:30:57 PM
Creation date
5/28/2008 11:51:30 AM
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City Clerk
Doc Type
Agenda Packet
Item #
25T
Date
6/2/2008
Destruction Year
2013
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interests, and claims for loss of business goodwill, bonus value (if any) and/or <br />severance damages (if any). <br />b. No Party, nor any Agents, nor any related entities, to this ASA have made any <br />statement or representation to any other Party regarding any fact relied upon in <br />entering into this ASA, and each party expressly states it does not rely upon any <br />statement, representation or promise of any other Party or any Party's Agent or <br />related entities in executing this ASA, except as is expressly stated in this ASA. <br />Each Party to this ASA has made such investigation of the facts and law <br />pertaining to this ASA, and of all other matters pertaining hereto, as it deems <br />reasonable, necessary and/or appropriate, and has consulted with legal counsel <br />concerning the matters contained herein. <br />6. Attorney's Fees <br />In the event of litigation relating to this ASA, the prevailing party shall be <br />entitled to reasonable attorneys' fees and costs. <br />7. Indemnity By Tenant <br />Tenant shall indemnify, defend and hold harmless City from and against any and all <br />claims, demands, liabilities, losses, judgments, expenses and attorney's fees resulting <br />from the breach by Tenant of any provision of this ASA, or the falsity of any <br />representation or warranty made by Tenant contained in this ASA. <br />Entire Agreement <br />This ASA contains the entire Agreement of the Parties hereto pertaining to the subject <br />matter discussed herein, and supersedes any prior written or oral agreements between <br />them concerning the subject matter contained herein. This ASA may be modified only <br />by a writing executed by the Parties hereto. <br />9. PartialInvalidity <br />In the event that any term, covenant, condition or provision of this ASA shall be held by <br />a court of competent jurisdiction to be invalid or against public policy, the remaining <br />provisions shall continue in full force and effect. <br />10. Waiver <br />The provisions of this ASA may be waived, altered, amended or repealed, in whole or <br />in part, only upon the written consent of all Parties to this ASA. The waiver by one party <br />of the duty of performance by the other Party of any provision in this ASA shall not <br />invalidate this ASA, nor shall it be considered a waiver of any rights or remedies <br />available to the non-breaching Party of this ASA. <br />Acquisition Settlement Agreement <br />4of14 <br />25T-7 <br />
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