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Res 1989-046
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Res 1989-046
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8/2/2007 3:45:38 PM
Creation date
8/2/2007 3:45:38 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1989-46
Date
5/8/1989
Volume Book
94
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<br /> from and relieved of all further obligations <br /> thereafter to accrue hereunder. Termination of <br /> this agreement is the exclusive remedy of MCKEE and <br /> Owner in this situation. <br /> 10. Default. <br /> If MCKEE fails to pay any fee due under paragraph <br /> number 2 or other payment due hereunder or upon his <br /> failure to perform any other of the terms of this <br /> agreement to be observed or performed by MCKEE or <br /> if this agreement shall dissolve or pass by law or <br /> otherwise to one other than MCKEE except as herein <br /> provided, then, in any one or more such events, <br /> upon Owner serving written thirty (30) days notice <br /> of cancellation upon MCKEE specifying the nature of <br /> said default, and if, at the expiration of said <br /> thirty (30) days, MCKEE shall have failed to comply <br /> with or remedy such default, then this agreement <br /> and the term thereunder, shall, at the option of <br /> Owner, terminate and come to an end on the date <br /> specified in such notice of cancellation, and MCKEE <br /> shall quit the use of the premises and facilities <br /> to Owner as if the term hereunder ended by the <br /> expiration of the time fixed herein, and MCKEE <br /> shall remain liable for any unpaid rent and all <br /> other charges up to the date of termination. If <br /> Owner shall be in default in performing any of the <br /> terms or provisions of this agreement required on <br /> its part to be performed, and MCKEE shall give <br /> Owner notice in writing of such default, and if the <br /> Owner shall fail to cure such default within thirty <br /> (30) days after service of such notice, then and in <br /> such event, this agreement shall be terminated and <br /> cancelled. Termination and cancellation of this <br /> agreement is the exclusive remedy of MCKEE under <br /> this paragraph. <br /> -6- <br />
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