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25B - AGMT - FINANCING FIRMS
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04/01/2014
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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
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25B
Date
4/1/2014
Destruction Year
2019
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6.3 Conflict of Interest. No officer or employee of the City shall have any <br />financial interest, direct or indirect, in this Agreement nor shall any such officer or employee <br />participate in any decision relating to the Agreement which affects his financial interest or the <br />financial interest of any corporation, partnership or association in which he is, directly or indirectly, <br />interested, in violation of any State statute or regulation. The Investment Banker represents that it <br />has not paid or given and will not pay or give any third party any money or other consideration for <br />obtaining this Agreement. <br /> 6.4 Notice. Any notice, demand, request, document, consent, approval, or <br />communication either party desires or is required to give to the other party or any other person shall <br />be in writing and either served personally or sent by prepaid,certified first-class mail, return receipt <br />requested, in the case of the City, to the City Manager and to the attention of the Contract Officer, <br />Clerk of the Council, City of Santa Ana, 20 Civic Center Plaza (M-30), P.O. Box 1988, Santa Ana, <br />California 92702-1988, and in the case of the Investment Banker, to the person at the address <br />designated on the execution page of this Agreement. <br /> 6.5 Interpretation. The terms of this Agreement shall be construed in accordance <br />with the meaning of the language used and shall not be construed for or against either party by <br />reason of the authorship of this Agreement or any other rule of construction which might otherwise <br />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 any <br />time by the mutual consent of the parties by an instrument in writing. <br /> 6.7 Severability. 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. A <br />party's consent to or approval of any act by the other party requiring the party's consent or approval <br />shall not be deemed to waive or render unnecessary the other party's consent to or approval of any <br />subsequent act. Any waiver by either party of any default must be in writing and shall not be a <br />waiver of any other default concerning the same or any other provision of this Agreement. <br /> 6.9 Attorneys' 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 /> <br />
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