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(2) If the CONTRACTOR becomes insolvent, unable, or unwilling to pay its <br />debts, or upon listing of an order for relief in favor of CONTRACTOR in a bankruptcy <br />proceeding; <br />(3) If the CONTRACTOR fails to provide or maintain in full force and effect <br />the workers' compensation, liability or indemnification coverage as required by this Agreement; <br />(4) If the CONTRACTOR willfully violates any orders or rulings of any <br />regulatory body having jurisdiction over the CONTRACTOR relative to this Agreement, <br />provided that the CONTRACTOR may contest any such orders or rulings by appropriate <br />proceedings conducted in good faith, in which case no breach of this Agreement shall be deemed <br />to have occurred; <br />(5) If the CONTRACTOR willfully fails to make any payments required <br />under the Agreement and/or refuses to provide the CITY with required information and/or <br />reports in a timely manner as provided in this Agreement; or, <br />(6) Any other act or omission by the CONTRACTOR which materially <br />violates the terns, conditions, or requirements of this Agreement, CIWMA, as it may be <br />amended from time to time, or any order, directive, rule, or regulation issued thereunder and <br />which is not corrected or remedied within the time set in the written notice of the violation. <br />(g) In addition to the remedies set forth herein, the CITY shall have the right to obtain <br />damages and/or injunctive relief. Both parties recognize and agree that in the event of a breach <br />under the terms of this Agreement by CONTRACTOR, the CITY may suffer irreparable injury <br />and incalculable damages sufficient to support injunctive relief, to enforce the provisions of this <br />Agreement and to enjoin the breach thereof. <br />(h) If CONTRACTOR claims default by the CITY in the payment of any money due <br />or alleged to be due to CONTRACTOR pursuant to this Agreement, CONTRACTOR shall not <br />be entitled to cancel this Agreement if the CITY, within seven (7) days after receipt of notice of <br />the claimed default, deposits the amount in controversy into an interest bearing account in a <br />commercial bank or lending institution and maintains such deposit until such time as a final <br />judicial decision or agreement between the parties determines the rightful disposition of the said <br />amount in controversy; provided that CONTRACTOR shall be deemed to have waived all claims <br />to the said amount if no agreement is reached nor any legal proceeding initiated within ninety <br />(90) days of the CONTRACTOR's service of written notice of default on the CITY. <br />36. LIQUIDATED DAMAGES: <br />(a) The CITY finds, and the CONTRACTOR agrees, that as of the time of the <br />execution of this Agreement it is impractical, if not impossible, to reasonably ascertain the extent <br />of damages which shall be incurred by the CITY as a result of a breach by CONTRACTOR of its <br />obligations under this Agreement. The factors relating to the impracticability of ascertaining <br />damages include, but are not limited to, the fact that: (i) substantial damage results to members <br />of the public who are denied Solid Waste collection services or denied quality or reliable <br />collection service; (ii) such breaches cause inconvenience, anxiety, frustration, and deprivation <br />of the benefits of this Agreement to individual members of the general public for whose benefit <br />24 <br />