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FULL PACKET_2012-06-18
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FULL PACKET_2012-06-18
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4/6/2017 4:38:28 PM
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6/14/2012 6:02:14 PM
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City Clerk
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Agenda
Agency
Clerk of the Council
Date
6/18/2012
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22. Binding Effect: No Third-Party Beneficiaries. This Agreement and the rights and obligations hereunder shall be binding upon and <br />shall inure to the benefit of the Parties and their legal successors and permitted assigns. Except as otherwise provided in Section 1 and 2 above, <br />nothing in this Agreement, expressed or implied, is intended to confer upon any person or entity, other than the Parties And their legal <br />successors and permitted assigns, any rights, benefits, or obligations. <br />23. Compliance with Gramm-Leach-BlilevAct. Notwithstanding the foregoing, nothing herein shall require either Party to violate <br />Title V of the Gramm-Leach-Bliley Act (the "Act") or any regulation promulgated thereunder with respect to the privacy of the customers of any <br />financial institution. <br />24. Organization and Qualification. The Parties represent and warrant to each other that each Party is an entity duly organized, validly <br />existing and in good standing under the laws of the jurisdiction in which it is organized, is duly qualified and in good standing as a foreign <br />entity in every state in which the character of its business requires such qualification (except where the failure to obtain such foreign <br />qualification would not have a material adverse effect on City's business) and has the power to own its property and carry on its business as now <br />conducted. <br />25. Due Authorization. The execution and delivery by the Parties of this Agreement, the performance by the Parties of the transactions <br />contemplated hereby and compliance by the Parties with the terms of this Agreement, (a) are within the Parties' power and authority; and, (b) have <br />been duly authorized by all necessary action. This Agreement has been duly executed and delivered by the Parties and constitutes a valid and <br />binding agreement of each Party, enforceable in accordance with its terms. <br />26. Consents. Each undersigned represents and warrants that its signature hereinbelow has the power, authority and right to bind their respective parties to <br />each of the terms of this Agreement, and shall indemnify the other Party fully, including reasonable costs and attorney's fees, for any injuries or damages to that Party in <br />the event that such authority or power is not, in fact, held by the signatory or is withdrawn. <br />27. Counterparts. This Agreement may be executed in counterparts, each of which shall be an original, but all of which shall constitute <br />one, and the same, document. <br />Date. <br />IN WITNESS WHEREOF, the Parties have caused this Distribution Agreement to be executed and effective as of the Effective <br />CITY OF SANTA ANA <br />By: <br />Print Name: Paul M. Walters <br />Title: __City Manager __________ <br />Address: Clerk of the Council <br />20 Civic Center Plaza (-30) <br />Santa Ana, CA 92702 <br />Date: <br />CARDFLEX, INC <br />By: <br />Name: <br />Title: <br />Date: <br />Recommended for Approval: <br />Francisco Gutierrez, Ex Dir FMSA <br />25154-18
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