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subcontractor or others performing any work or services <br /> pursuant to the provisions of this Franchise. <br /> <br />SECTION 4. INTEREST RATE <br /> <br /> For purposes of this Franchise, prime rate shall mean the <br />interest charged from time to time by the First National Bank of <br />Minneapolis for 90 day unsecured loans to commercial borrowers of <br />the highest credit rating. <br /> <br />SECTION 5. GENERAL PROVISION ON RIGHTS AND REMEDIES <br /> <br />Ail rights and remedies given to City by this Franchise <br />shall be in addition to and cumulative with any and all oth- <br />er rights or remedies, existing or implied, now or hereafter <br />available to City at law or in equity, and such rights and <br />remedies shall not be exclusive, but each and every right <br />and remedy specifically given by this Franchise or otherwise <br />existing or given may be exercised from time to time and as <br />often and in such order as may be deemed expedient by City, <br />and the exercise of one or more rights or remedies shall not <br />be deemed a waiver of the right to exercise at the same time <br />or thereafter any other right or remedy. No delay or omis- <br />sion of City in the exercise of any right or remedy shall <br />impair any such right or remedy, nor shall any such delay or <br />omission be construed to be a waiver of or acquiescence to <br />any default. The exercise of any such right or remedy by <br />City shall not release Grantee from its obligations, or any <br />liability, under this Franchise. <br /> <br />In addition to all other remedies granted or available to <br />City, City shall be entitled to the restraint by injunction <br /> <br />79 <br /> <br /> <br />