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Agenda - Council - 11/23/2010
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Agenda - Council - 11/23/2010
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3/24/2025 12:36:00 PM
Creation date
11/18/2010 7:34:58 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/23/2010
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Briggs and Morgan, PA <br />2200 IDS Center <br />80 South 8 Street <br />Minneapolis, Minnesota 55402 -2157 <br />Attn: Thomas L. Bray <br />Telephone No. 612- 977 -8285 <br />Facsimile No. 612- 977 -8650 <br />or at such other address with respect to any such party as that party may, from time to time, <br />designate in writing and forward to the other, as provided in this Section. <br />Section 15.6 Counterparts. This Agreement may be executed in any number of <br />counterparts, each of which shall constitute one and the same instrument. <br />Section 15.7 Law Governing. This Agreement will be governed and construed in <br />accordance with the laws of the State of Minnesota. <br />Section 15.8 Covenants to Run with Title. The rights and obligations of Developer <br />under this Agreement run with title to the Development Property and are binding on Developer <br />and Developers successors in title to all or any portion of the Development Property. <br />Section 15.9 Time is of the Essence. Developers timely performance of its obligations <br />under this Agreement is an essential term of this Agreement. <br />Section 15.10 Enforceability. If any provision of this Agreement is adjudged to be <br />invalid or unenforceable by a court of competent jurisdiction, this Agreement should be <br />construed as if such invalid or unenforceable provision had not been inserted herein and should <br />not affect the validity or enforceability of the remainder of this Agreement. <br />Section 15.11 No Third Party Beneficiaries. Nothing in this Agreement, expressed or <br />implied, is intended to confirm any rights or remedies under or by reason of this Agreement on <br />any person other than the parties to it and their respective pennitted successors and assigns. <br />Section 15.12 Termination. This Agreement shall terminate and be of no further force <br />and effect as of the Termination Date. <br />Section 15.13 Business Days. If the date this Agreement establishes for a party's <br />performance of an obligation or delivery of a notice is not a Business Day, the date for such <br />performance or for the delivery of such notice is automatically extended to the next Business <br />Day. <br />Section 15.14 Agreement to Pay Attorney's Fees and Expenses. Whenever a party <br />defaults in the performance of the party's obligations under this Agreement and one or both of <br />the other parties to this Agreement employs one or more attorneys to advise and represent it in <br />connection with such default or incurs other expenses in connection with or as a result of the <br />default, the defaulting party must, upon demand therefore, reimburse the non - defaulting parties <br />2695614v5 <br />11/18/10 <br />20 <br />
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