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DELHI CENTER - DELHI PARK CONSTRUCTION AND FUNDING AGMT-2000
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DELHI CENTER - DELHI PARK CONSTRUCTION AND FUNDING AGMT-2000
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3/28/2017 2:29:34 PM
Creation date
6/17/2014 1:34:47 PM
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Contracts
Company Name
DELHI CENTER
Contract #
A-2000-171
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In the event that any legal action is commenced by the City against Delhi, service of process <br />on the Delhi shall be made by personal service upon the Executive Director of Delhi or in any such <br />manner as may be provided by law, and shall be valid whether made within or out of the State of <br />California. <br />Section 505. Rights and Remedies are Cumulative <br />Except with respect to rights and remedies expressly declared to be exclusive in this <br />Agreement, the rights and remedies of the parties are cumulative and the exercise by either party of <br />one or more of such rights or remedies shall not preclude the exercise by it, at the same or different <br />times, of any other rights or remedies for the same default or any other default by the other party. <br />Section 506. Damages <br />In the event that Delhi is liable for damages to the City, such liability shall be limited to all <br />costs incurred by City in the performance of this Agreement. In the event that the City is liable for <br />damages to Delhi, such liability shall not exceed costs incurred by Delhi in the performance of this <br />Agreement and shall not extend to compensation for loss of future income, profits or assets; <br />provided, however, Delhi's only remedy for any breach of this Agreement by the City alleged to <br />occur after the conveyance of the Property by the City to Delhi shall be an action for specific <br />performance of the City's obligations. <br />Section 507. Termination by <br />Delhi may terminate this Agreement in the event that they fail to obtain the required funding <br />necessary for construction of the Community Center in the manner provided in this Agreement, <br />provided Delhi is not in default under this Agreement. In the event, however, that such failure is <br />due to causes beyond the City's control, said right of termination shall be Delhi's sole and exclusive <br />remedy. <br />Section 508. Termination by the City Prior to Completion <br />This Agreement may be terminated by the City in the event that: <br />A. Delhi, or any successor -in- interest assigns or attempts to assign this Agreement or any rights <br />herein, in violation of this Agreement without written consent of the City; or <br />B. There is a substantial change in ownership of Delhi contrary to the provisions of Section 602 <br />hereof, or <br />C. Delhi fails to forward awarded funding to the City within 10 days of receipt; or <br />
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