Laserfiche WebLink
<br />ARTICLE VII <br />DEFAULT <br /> <br />Section 7.01 Default. <br /> <br />(A) If the City or the Zone does not perform its obligations hereunder in <br />compliance with this Agreement and, if such default remains uncured for a period of 60 days <br />after notice thereof shall have been given, in addition to the other rights given the Developer <br />under this Agreement, the Developer may enforce specific performance of this Agreement or <br />seek actual damages incurred by the Developer for any such default. <br /> <br />(B) In the event the Developer does not perform its obligations hereunder in <br />compliance with this Agreement and, if such default remains uncured for a period of 60 days <br />after notice thereof shall have been given, in addition to the other rights given to the City and the <br />Zone under this Agreement, the City and the Zone may enforce specific performance or seek <br />actual damages incurred by the City and/or the Zone for any such default. <br /> <br />ARTICLE VIII <br />GENERAL <br /> <br />Section 8.01 Term. The term of this Agreement shall remain in effect until the Zone <br />has completed reimbursing the Developer for the Project Costs in accordance with Article V of <br />this Agreement, or until . <br /> <br />Section 8.02 Severability. If any provision of this Agreement is held to be invalid or <br />unenforceable by any court of competent jurisdiction for any reason, such provision shall be <br />fully severable, and the remainder of this Agreement shall remain in full force and effect. This <br />Agreement shall be construed and enforced as if such invalid or unenforceable provision had <br />never comprised a part of this Agreement. <br /> <br />Section 8,03 Notice. Any notice or other communication required or permitted to be <br />given pursuant to this Agreement shall be given to a Party by mail, fax or email to the following: <br /> <br />ZONE/CITY: <br /> <br />City Manager <br />630 East Hopkins <br />City of San Marcos <br />San Marcos, Tx 78666 <br /> <br />Fax: 512-396-4656 <br />email: CitvManagerlnfo@ci.san-marcos.tx.us <br /> <br />DEVELOPER: <br /> <br />Carma Blanco Vista, LTD. <br />c/o Carma Inc. email: <br />7315 - 8th Street N.E. <br />Calgary, Alberta, Canada <br />T2E 8A2 <br />Attention: Secretary <br /> <br />Fax: 403-231-8960 <br />cal garyinfo@carma.ca <br /> <br />Any such notice or communication shall be deemed given on the date so delivered, unless <br />otherwise provided herein. Either Party may change the above delivery information by sending <br />written notice of such change to the other Party in the manner provided above. <br /> <br />-11- <br />