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8A, CP Rail Bridge Trail Update
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8A, CP Rail Bridge Trail Update
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10/24/2024 10:05:33 AM
Creation date
5/21/2010 10:54:10 AM
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CP Rail Bridge Trail Update
General - Type
CP Rail Bridge Trail Update
Date
5/24/2010
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under suef� palicies. �f the cont�actor uses a subcontracta�, the cont�ac�o� shal� provide the <br />required poiicies a�d shal[, in addition, either require the subcon�ractor ta provide insur�nce <br />equivalent ta that descrrbed herein (except that only one poEicy req�'rred �y subparagraph 9.4 <br />need be provi�ed �Qr �he Work� or obtain e�dorse�er�ts to the contraetor's poric�es naming the <br />subco�trac�or as an addEt�onaf ins�red par�y. lf a subcontrac�ar uses a sub-subcontracto�? the <br />sub-subcon�ractar sha�l either pravide ins�rance ��uiva[en� ta that requ�red of the <br />s�rbcon�ra�tar or shall be r�amed as an additEana� insured party on �he cor�tractor's or <br />subeantractor's pa�icies. In the event any required poficy �a�ses, CP shall �ave the op�ion of <br />Emmediately t�rr�ninating the License, wi�h or wi�hau� notice ta Licensee; such �erminatior� shalf <br />be wi�ho�t prej�dtce to CP's rights anc! priviEeges under thfs Agreer�nent. The insurance <br />coverage obtain�d pu�suant ta sectior� 9 and its sui�-seet�ons shal� �n na manner restrict or limit <br />the fiabi�ities assumed by LiEensee under this Agreement. <br />i 0. ENTtRE �GREEMENT <br />10.1. Survivat Qf tndemnity Provisions: <br />The indemnfficat�on provisions Qf this Agreer�nent sha�l survive i�s expira�ion or termination. <br />10.2. Me�e License: <br />The perrn�ssions encompassed �y this Agree�nent is a�nere ficense to use the P�operty for <br />the specifEed purpose ane{ does r�ot create any estate or in�erest in the Proper�y. <br />10.3. No Warranty 4fi Title: <br />CP does not warrant that �� has good ti�le �o the Property. <br />10.4. Assignmen�s Bindin� Effect: <br />This Agreement may not be assigned !�y L�censee withaut the advance wrE�ten consent of CP_ <br />Su�ject to �he preced�ng ser��ence, thEs Agreement shafl be bir�dEng upor�, and inure to the <br />benefit of, the parties' respective successors and assigns. <br />10.5. Governing Law: <br />This Agreement shal� be construed and interpreted in acco�dance with the laws of the state in <br />which the Property is �acated, without reference to the choice of �aw rules of that state. <br />10.6o Entire Agreeme��: <br />This Agreement is the fu�E, comp�ete, and ent'rre Agreemen� a� the parties with respect to the <br />subjects hereof, and any and a[l prior writings, representatians, and negotiations with respect <br />to those subjects are superseded by �his Agreernent. <br />10.7. Headings: <br />The headir�gs used �n t�is Agreement a�e provided sale�y as a cor�venient means of <br />reference. �hey are nat intended to, and do not, Iimi� or ex�and the purpose or ef�ect of the <br />paragraphs to v�hich they are a�pended. The heaciings shal[ not be used ta construe or <br />interpret this Agreert�ent. <br />10.8o Singular And Pturat: <br />As used in this Agreerr�ent? the sfngular forrr� of a word �ncludes the p(uraf form of that word, <br />and v'rce versa, and tk�is Agreement shall be deemed to ir�clude suc� changes to the <br />accorr�panying verbiage as may be necessary ta conform ta the change from singular �o <br />plura�, or viEe versa. <br />Righ� af Entry-City of Arden �[ills v 05.20 Page 12 of 13 Soo Line Railroad Company <br />Ofd Hwy. 10 Bridge City of Arden Hilfs, MN, Licensee <br />
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