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PROPERTYROOM.COM INC. 1
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PROPERTYROOM.COM INC. 1
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Last modified
10/21/2013 11:29:31 AM
Creation date
6/17/2009 11:25:00 AM
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Contracts
Company Name
PROPERTYROOM.COM INC.
Contract #
N-2009-029
Agency
POLICE
Expiration Date
4/14/2010
Insurance Exp Date
2/22/2006
Destruction Year
2015
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PROPERTY DISPOSITION SERVICES AGREEMENT <br />TERMS AND CONDITIONS <br />17. Governing Law. The internal law, and not the law of conflicts, of the state in which the Owner is located will <br />govern all questions concerning the construction, validity and interpretation of the Agreement and the <br />performance of the obligations imposed by the Agreement. The proper venue for any proceeding at law or in <br />equity will be the state and county in which the Owner is located, and the parties waive any right to object to the <br />venue. If any proceeding or action is brought to recover any amount under the Agreement, or for or on account <br />of any breach of, or to enforce or interpret any of the terms, covenants, or conditions of the Agreement, the <br />prevailing party will be entitled to recover from the other party, as part of the prevailing party's costs, <br />reasonable attorneys' fees, the amount of which will be fixed by the court, and will be made a part of any <br />judgment.rendered. <br />18: Farther Assurances. PRC and Owner will each sign such other documents and take such actions as the other <br />may reasonably request in order to effect the relationships, services and activities contemplated by the <br />Agreement and to account for and document those activities. <br />19. Relationship of the Parties. No representations or assertions will be made or actions taken by either party that <br />could imply or establish any joint venture, partnership, employment or trust relationship between the parties <br />with respect to the subject matter of the Agreement. Except as expressly provided in the Agreement, neither <br />party will have any. authority or power whatsoever to enter into any agreement, contract or commitment on <br />behalf of the other, or to create any liability or obligation whatsoever on behalf of the other, to any person or <br />entity. Whenever PRC is given discretion in the Agreement, PRC may exercise that discretion solely in any <br />manner PRC. deems appropriate. PRC shall be not liable to Owner for any Losses incurred by reason of any act <br />or omission performed or omitted by PRC in good faith on behalf of the Owner and in a manner reasonably <br />believed to be within the scope of authority conferred on PRC by the Agreement, except that PRC shall be <br />liable for any such Losses incurred by reason of PRC's fraud, gross negligence or willful misconduct. <br />20. Force Majenre. Neither party will be liable for any failure of or delay in the performance of the Agreement for <br />the period that such failure or delay is due to acts of God, public enemy, waz, strikes ar labor disputes, or any <br />other cause beyond the pazties' reasonable control (each a "Farce Majeure'~, it being understood that lack of <br />financial resources will not to be deemed a cause beyond a party's control. Each party will notify the other party <br />promptly of the occurrence of any Force Majeure and carry out the Agreement as promptly as prachicable after <br />such Force Majeure is terminated. The existence of any Force Majeure will not extend the term of the <br />Agreement. <br />8 of 8 <br />
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