Res 1988-020 - Laserfiche WebLink

Home Browse Search

times remain fully responsible and liable for the pa)1T1ent of the rental, if any, herein specified and for the compliance of all of its other obligations under the terms, provisions, and covenants of this License. (b) In the event rent is paid annually, Licensor expressly reserves the right to increase the above rental rate on any yearly anniversary date of this license by giving Licensee thirty (30) days' written notice. Licensor may increase the rental by the percentage that the Consumer Price Index has increased, published by the Department of Labor, since the last rental increase period, or the last anniversary date hereof. (c) The personal pronouns used herein as referring to Licensee shall be understood so to refer to Licensee whether Licensee be a natural person, a partnership, or a corporation, or any combination thereof. (d) Any notice herein required to be given by Licensor to Licensee shall be deemed properly given if served upon or delivered to Licensee or his authorized agent, or if posted on or if mailed, postpaid, addressed to Licensee at his last known place of business. (e) No oral promises, oral agreements, or oral warranties shall be deemed a part of this License, nor shall any alteration, amendment, supplement, or waiver of any of the provisions of this License be binding upon either party hereto unless the same be suppl~mented, altered, changed, or amended by an instrument in writing, signed by Licensor and Licensee. (f) Prior to the commencement of any work on Licensor's right of way, in addition to the notice required above, Licensee or Licensee's contractor shall give five (5) working days' notice to Electra Communications Corporation, herein call ed IIEl ectrall, by contact 1ng the Director, Fiber Systems at P. O. Box 10305, Dallas, Texas 75207-0305, telephone number 1-800-441-0223, and until such notification has been properly given and approval received, Licensee shall not commence work on Licensor's right of way. Electra may require inspection pit(s) to be dug at Licensee's sole expense in order to protect Electra's fiber optic communication system. Failure on the part of Licensee to comply with the provisions of this section may, without waiving any other rights of the parties hereto, result in the termination of this License. (g) This License does not become binding upon licensor until executed by Licensor's vice-president. IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. MISSOURI-KANSAS-TEXAS RAILROAD COMPANY By ~-~{7e~~ By Address: 630 E. Hopkins San Marcos, Texas 78666 Fil e: T-18970 -4-