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Res 2006-005
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Res 2006-005
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Last modified
7/25/2006 11:02:26 AM
Creation date
7/25/2006 10:59:36 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2006-5
Date
1/17/2006
Volume Book
165
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<br />I <br /> <br />I <br /> <br /> <br />PLX980112 <br />Form Approved, A VP-Law <br /> <br />Section 13. <br /> <br />TERMINATION. <br /> <br />(a) If the LIcensee does not use the right herem granted or the PIpelIne for one (1) year, or If the <br />Licensee contmues m default m the performance of any covenant or agreement herein contamed for a <br />penod of thIrty (30) days after wrItten notIce from the Licensor to the Licensee specifymg such default, <br />the LIcensor may, at Its optIon, forthWIth ImmedIately terminate thIS Agreement by written notice. <br /> <br />(b) In addItIon to the proviSIOns of subparagraph (a) above, thIS Agreement may be terminated by <br />wrItten notIce gIVen by either party hereto to the other on any date in such notice stated, not less, <br />however, than thirty (30) days subsequent to the date upon whIch such notIce shall be gIVen. <br /> <br />(c) NotIce of default and notIce of termmatIon may be served personally upon the LIcensee or by <br />mailIng to the last known address of the LIcensee. TermmatIon of this Agreement for any reason shall <br />not affect any of the nghts or oblIgatIons of the partIes hereto WhICh may have accrued, or lIabilItIes, <br />accrued or otherWIse, whIch may have ansen prior thereto. <br /> <br />Section 14. <br /> <br />AGREEMENT NOT TO BE ASSIGNED. <br /> <br />The LIcensee shall not aSSIgn thIS Agreement, in whole or in part, or any rights herein granted, without <br />the wrItten consent of the LIcensor, and It IS agreed that any transfer or aSSIgnment or attempted transfer <br />or aSSIgnment of thIS Agreement or any of the nghts herem granted, whether voluntary, by operation of <br />law, or otherwIse, WIthout such consent m writmg, shall be absolutely VOId and, at the optIOn of the <br />LIcensor, shall termmate thIS Agreement. <br /> <br />Section 15. <br /> <br />SUCCESSORS AND ASSIGNS. <br /> <br />SubJect to the prOVIsions of Section 14 hereof, thIS Agreement shall be bindmg upon and mure to the <br />benefit of the partIes hereto, theIr heIrs, executors, admimstrators, successors and assigns. <br /> <br />plx.exb <br /> <br />Exhibit 8 <br />
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