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Res 1998-007
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Res 1998-007
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Last modified
9/11/2006 9:51:34 AM
Creation date
9/11/2006 9:50:47 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1998-7
Date
1/12/1998
Volume Book
131
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<br />PL X 960425 <br />Fonn Approved, A VP-Law <br /> <br />Section 13. TERMINATION. <br /> <br />(a) H the Licensee does not use the right herein granted or the Pipeline for one (1) year, or if the Licensee continues in default <br />in the performance of any covenant or agreement herein contained for a period of thirty (30) days after written notice from the <br />Licensor to the Licensee specifying such default, the Licensor may, at its option, forthwith immediately terminate this Agreement <br />by written notice. <br /> <br />(b) In addition to the provisions of subparagraph (0) above, this Agreement may be terminated by written notice given by <br />either party hereto to the other on any date in such notice stated, not less, however, than thirty (30) days subsequent to the date <br />upon which such notice shall be given. <br /> <br />(c) Notice of default and notice of termination may be served personally upon the Licensee or by mailing to the last known <br />:idress of the Licensee. Termination of this Agreement for any reason shall not affect any of the rights or obligations of the parties <br />~reto which may have accrued, or liabilities, accrued or otherwise, which may have arisen 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 the written consent <br />of the Licensor, and it is agreed that any transfer or assignment or attempted transfer or assignment of this Agreement or any of <br />the rights herein granted, whether voluntcny, by operation of law, or otherwise, without such consent in writing, shall be absolutely <br />void and, at the option of the Licensor, shall terminate 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 binding upon and inure to the benefit of the parties <br />hereto, their heirs. executors, administrators, successors and assigns. <br /> <br />plx.exb <br /> <br />Page 4 of 4 <br /> <br />Exhibit B <br />
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