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25K - BRISTOL STREET CORRIDOR
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11/15/2010
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25K - BRISTOL STREET CORRIDOR
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Last modified
7/26/2016 3:07:47 PM
Creation date
11/10/2010 3:23:14 PM
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City Clerk
Doc Type
Agenda Packet
Item #
25K
Date
11/15/2010
Destruction Year
2015
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Oct 25 10 10:01a <br />p.5 <br />released claims, ad that Tetsant" will not make any such assignment, transfer, <br />conveyance or other disposition subsequent to the Effective Date of this <br />Agreement. Tenant acknowledges that the Authority has relied and is relying <br />upon such representations and warranties in entering into this Agreement. <br />(f) Tenant will Hold Harmless and defend Agency, its employees, agents, contractors <br />or representatives from any claims' that may arise from Tenant's nondisclosure of <br />any other interests in the Property or personal property referenced by this <br />agreement. <br />(p) This Agreement represents a settlement of doubtful and disputed claims between <br />the Parties and does not constitute any admission of liability by either party to the <br />other party to this Agreement <br />3. Thifd Party Beneficiaries <br />Except as explicitly set forth herein, nothing in this Agreement is intended to create any <br />third party beneficiaries under this Agreement, and no person or entity other than <br />Authority and Tenant shall be authorized to enforce the provisions of this Agreement. <br />4. Attorney's Fees <br />In the event of litigation relating to or arising out of this Agreement, the prevailing party <br />shall be entitled to be reimbursed by the non - prevailing party for all reasonable costs and <br />expenses incurred thereby, including, but not limited to reasonable attorney's fees and <br />costs for services rendered to such prevailing party. <br />5. Indemnitv <br />Each party shalt indemnify, defend and hold the other party and the Released Parties <br />harmless from and against any claims, damages, demands, liabilities, losses, judgments, <br />expenses and attorney's fees and/or costs resulting from the breach by such indemnifying <br />party of any provision of this Agreement, the falsity of any representation or warranty <br />made by the indemnifying party contained in this Agreement. <br />6. Entire Agreement <br />This Agreement together contains the entire Agreement of the Parties, and supersedes <br />any prior written or oral agreements between them, concerning the subject matter of this <br />Agreement. <br />7. Partial Invalidity <br />In the event that any term, covenant, condition or provision of this Agreement shall be <br />determined by a court of competent jurisdiction to be invalid or against public policy, the <br />remaining provisions shall continue in full force and effect. <br />4 of? <br />25K -28 <br />
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