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Agenda - Council - 06/24/2008
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Agenda - Council - 06/24/2008
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3/19/2025 9:22:24 AM
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6/20/2008 2:14:56 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
06/24/2008
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<br />immunity or limitation of liability, all of which are hereby reserved by the parties hereto. <br /> <br />15 ASSIGNMENT <br /> <br />The City and the Provider each binds itself and its successors, legal representatives, and <br />assigns of such other party, with respect to all covenants of this Agreement; and neither <br />the City nor the Provider will assign or transfer their interest in this Agreement without <br />the written consent of the other. <br /> <br />16 EVENTS OF DEFAULT; TERMINATION <br /> <br />16.1 By the City - The City may terminate this Agreement based on the occurrence of any of <br />the following events: <br /> <br />A. the cancellation of the 2008 RNC; <br /> <br />B. the determination made in the sole discretion ofthe City, that the <br />Security Subsidy is insufficient to reimburse all or a portion of the <br />costs and expenses described in Section 3 of this Agreement, <br />which determination must be made and disclosed to the Provider <br />prior to the Security Event Commencement Date; <br /> <br />C. the failure of the Host Committee to purchase and provide the <br />insurance coverage described in Section 11 of this Agreement in a <br />timely manner determined by the City; <br /> <br />D. the failure ofthe Provider to comply with or perform any term, <br />condition or obligation contained in this Agreement and to fail to <br />cure such default within seven (7) calendar days after the City or <br />SPPD provides Provider with notice of such default. <br /> <br />16.2 By the Provider - The Provider may terminate this Agreement based on the occurrence <br />of any of the following events: <br /> <br />A. without cause, prior.to any Security Event Training Session[s] <br />Commencement Date[s] in which any of the Provider's LPOs shall <br />participate; . <br /> <br />B. the cancellation of the 2008 RNC; <br /> <br />C. the failure of the Host Committee to provide the Provider with <br />evidence in the form of a certificate of insurance naming the <br />Provider as a named insured inthe policy of insurance coverage <br />described in Section 11 of this Agreement; <br /> <br />13 <br /> <br />-105- <br />
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