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25H - AGMT - OCTA SARTC
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05/03/2016
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25H - AGMT - OCTA SARTC
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Last modified
5/23/2019 2:20:26 PM
Creation date
4/28/2016 3:10:33 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25H
Date
5/3/2016
Destruction Year
2021
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DO NOT RECORD <br />Section 1.04 RESERVED <br />Section 1.05 Non -Possessory Interest <br />Licensor retains full possession of the License Area and Licensee will not acquire any <br />interest temporary, permanent, irrevocable, possessory or otherwise by reason of this <br />Agreement, or by the exercise of the permission given herein. Licensee will make no <br />claim to any such interest. Any violation of this provision will immediately void and <br />terminate this Agreement. <br />Section 1,06 Non -Recording <br />Neither party shall record this Agreement <br />ARTICLE 2 — RESERVED. <br />ARTICLE 3 — IMPROVEMENTS AND ACCESS <br />Section 3.01 Licensee's Equipment <br />(a) Licensee shall hold title only to any equipment placed on the License Area <br />by Licensee. All of Licensee's equipment shall remain the property of <br />Licensee and are not fixtures that will stay on the License Area or <br />Property. Licensee has the right to remove all of its equipment at its sole <br />cost and expense on or before the expiration or termination of this <br />Agreement; provided that such removal shall be done in a professional and <br />careful manner, without interference or damage to any other equipment, <br />structures or operations on the License Area or the Properly, including the <br />use of the License Area or Property by Licensor or any of Licensor's <br />licensees, assignees or lessees. Licensee shall repair any damage to the <br />License Area caused by such removal and will leave the License Area in <br />satisfactory condition as approved in writing by Licensor. Licensee shall <br />be required to remove all its equipment upon expiration/termination of the <br />License, and if Licensee fails to do so within thirty (30) days, Licensor <br />may elect to do so at Licensee's sole cost and expense, or elect to not <br />remove such equipment, in which case, such equipment shall become the <br />property of Licensor, at Licensor's option. Any personal property, <br />equipment or other improvements that are not removed within said thirty - <br />day period shall become the property of Licensor, at Licensor's option. <br />Licensee's obligation to pay compensation to Licensor shall not cease, <br />unless and until the equipment that Licensee must remove, are removed to <br />Licensor's approval, <br />(b) Each party shall provide access to the License Area to the other party, and <br />its employees, agents, contactors and subcontractors, twenty-four (24) <br />25H-7 <br />
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