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25G - AGMT - SETTLEMENT GRAND AVE WIDENING
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25G - AGMT - SETTLEMENT GRAND AVE WIDENING
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Last modified
6/3/2013 10:59:44 AM
Creation date
5/30/2013 4:56:28 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25G
Date
6/3/2013
Destruction Year
2018
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necessary, and has consulted with legal counsel of its own choosing concerning <br />these matters. <br />(e) Tenant hereby represents and warrants as of the Effective Date of this Agreement <br />that (1) to its actual knowledge, no other entity or person has any right, title, or <br />interest whatsoever in the released claims, and (2) that there has been no <br />assignment, transfer, conveyance or other disposition by Tenant of any of the <br />released claims, and that Tenant 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 Agency has relied and is relying upon <br />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 />3. Third 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. Indemnity <br />Each party shall 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 Invalidi <br />3 of 6 <br />25G-7
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