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Last modified
7/17/2007 2:40:09 PM
Creation date
6/12/2006 2:40:27 PM
Metadata
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Template:
Planning Files
Planning Files - Planning File #
3632
Planning Files - Type
Planning-Other
Project Name
Rosedale Center Transit Hub
Status
Non-Active
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<br /> <br /> <br /> <br /> <br /> <br />as <br /> <br /> <br />as <br /> <br />to <br /> <br /> <br />ARTICLE 3. <br /> <br /> <br />3.1) Authority - Both the RTB and the City represent that <br />they are fully authorized to enter into this Agreement and have <br />obtained all third party approvals required and that execution <br />of this Agreement shall not constitut~ l;\,default under <br />ether comm.itment either of the parties;;,ir!Ci;;YF;have made to <br />N or entities not parties to this Agreement. <br /> <br />3.2) Enti~e Agreement - This contract constitutes the <br />entire Agreement between the parties and supersedes any <br />agreement or understandinq, written or eral, which may be <br />inconsistent herewith., No amandtnent to this Agreement shall ba <br />valid unless duly executed in writing by both parties. <br /> <br />3.3) . BindinQ' F!ffect - This Agreement sha,IJ,:'remain in full <br />force and effect until termination by mutual agreement of the <br />parties and shall inure. to the benefit of and be binding upon <br />. the parties' respective 'successors or assigns. <br /> <br /> <br /> <br />3.4) Defaul~ - In the event of default under th~ terms of <br />this .Agreement, the nondefaulting party shall be entitled to <br />lrecover, in addition to any other remedies available, its <br />costs, diSbursements, and attorneys' fees, whether such default <br />is concluded by way of settlement, compromise or judgment. <br /> <br />3.5) Arbitratlon - Any dispute arising out of the <br />interpretation or enforcement of this Agreement shall be <br />resolved between the parties by arbitration through the <br />American Arbitration Association (or such other mutually <br />agreeable arbitration meChanism). <br /> <br />3.6) --2f..tiemn4:-fL.f~t>S~"""~he RTB shall hold the City and its <br />respective Officials, Officers, agents, employees and <br />representatives, harmless from and indemnified against any <br />loss, cost, damage or expense, inClUding reasonable attorneys <br />fees, arising out of any claims by persons not a party to this <br />Agreement, which claims are due to, or alleged to be due to, <br />the design of the Transit Hub Improvements (to the extent such <br />design is attributable to the City), or the providing of public <br />transit service at Rosedale, except arising out of acts, <br />errors, or omissions of the City or its Indemnitors under the <br />Transit Hub Agreement, or their respective officials, officers, <br />agents, employees or representatives. <br /> <br />) <br /> <br />3. <br />
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