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TRES ESTRELLAS DE ORO 3 - 2008
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TRES ESTRELLAS DE ORO 3 - 2008
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Last modified
1/3/2012 2:01:37 PM
Creation date
6/17/2008 8:41:28 AM
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Contracts
Company Name
TRES ESTRELLAS DE ORO
Contract #
A-2008-090
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/5/2008
Expiration Date
9/30/2009
Insurance Exp Date
10/1/2008
Destruction Year
2013
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<br />DO NOT RECORD <br /> <br />the compensation/consideration specified in this Agreement as it becomes <br />due under this Agreement; or <br /> <br />(b) Terminate this Agreement and recover from Licensee: <br /> <br />1. 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 /> <br />2. The worth at the time of award ofthe amount by which the unpaid <br />compensation which would have been earned after termination ofthe <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 /> <br />3. The worth a,t the time.of award of the amountby which the unpaid <br />compensation for the balance of the term. ofthis Agreement after the <br />time of award; and, <br /> <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 Agree~ent.' ,.. " <br /> <br />Section 6.03 Default by Licensee <br /> <br />Should Licensee default in the performance of any of the terms, conditions, or obligations <br />, " .' , , <br />contained in this Agreement, Licensor may, in addition to.the remedies specified in <br />Section 6.02 of this License, re-enter and regain possession of the License Area in the <br />manner provided by the laws of unlawful detainer ofthe State of California then in effect <br />.. . { <br /> <br />Section 6.04 Insolvency of l.icensee <br /> <br />The insolvency of Licensee as evidenced by a receiver being appointed to take possession <br />of all or substantially all of the property of Licensee, or the making of a general <br />assignment for the benefit of creditors by Licensee, or the filing of a petition in <br />bankruptcy shall terminate this Agreement and entitle Licensor to re-enter and regain <br />possession of the License Area. <br /> <br />Section 6.05 Cumulative Remedies <br /> <br />The remedies given to Licensor in this Agreement shall not be exclusive, but shall be <br />cumulative and in addition to all remedies now and hereafter allowed by law or elsewhere <br />provided in this Agreement. <br /> <br />Section 6.06 Waiver of Breach <br /> <br />7 <br />
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