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25B - AGMT - FINANCING FIRMS
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25B - AGMT - FINANCING FIRMS
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Last modified
4/1/2014 2:09:27 PM
Creation date
3/27/2014 3:54:00 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
4/1/2014
Destruction Year
2019
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otherwise apply. <br />6.6 Integration, Amendment. It is understood that there are no oral agreements <br />between the parties hereto affecting this Agreement and this Agreement supersedes and cancels any <br />and all previous negotiations, arrangements, agreements and understandings, if any, between the <br />parties, and none shall be used to interpret this Agreement. This Agreement may be amended at <br />any time by the mutual consent of the parties by an instrument in writing. <br />6.7 Severabilitv, In the event that part of this Agreement shall be declared <br />invalid or unenforceable by a valid judgment or decree of a court of competent jurisdiction, such <br />invalidity or unenforceability shall not affect any of the remaining portions of this Agreement which <br />are hereby declared as severable and shall be interpreted to carry out the intent of the parties <br />hereunder unless the invalid provision is so material that its invalidity deprives either party of the <br />basic benefit of their bargain or renders this Agreement meaningless. <br />6.8 Waiver. No delay or omission in the exercise of any right or remedy by a <br />non - defaulting party on any default shall impair such right or remedy or be construed as a waiver. <br />A party's consent to or approval of any act by the other party requiring the party's consent or <br />approval shall not be deemed to waive or render unnecessary the other party's consent to or <br />approval of any subsequent act. Any waiver by either party of any default must be in writing and <br />shall not be a waiver of any other default concerning the same or any other provision of this <br />Agreement. <br />6.9 Attome s' Fees. If either party to this Agreement is required to initiate or <br />defend or made a party to any action or proceeding in any way connected with this Agreement, the <br />prevailing party in such action or proceeding, in addition to any other relief which may be granted, <br />whether legal or equitable, shall be entitled to reasonable attorney's fees, whether or not the matter <br />proceeds to judgment. <br />6.10 Corporate Authority. The persons executing this Agreement on behalf of the <br />parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized <br />to execute and deliver this Agreement on behalf of said party, (iii) by so executing this Agreement, <br />such party is formally bound to the provisions of this Agreement, and (iv) the entering into this <br />Agreement does not violate any provision of any other Agreement to which said party is bound, <br />25B -29 <br />
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