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Agenda - Council - 08/08/2017
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Agenda - Council - 08/08/2017
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3/17/2025 3:37:14 PM
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9/13/2017 9:18:57 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/08/2017
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15.1 Construction. This Agreement shall not be construed more strictly against one party <br />than against the other, merely by virtue of the fact that it may have been prepared <br />primarily by counsel for one of the parties, it being recognized that both Buyer and <br />Seller have contributed substantially and materially to the preparation of this <br />Agreement. <br />15.2 Headings. The headings preceding the text of the paragraphs and subparagraphs <br />hereof are inserted solely for convenience of reference and shall not constitute a <br />part of this Agreement, nor shall they affect its meaning, construction or effect. <br />15.3 Further Acts. Each party hereto agrees to do such further acts and execute, deliver, <br />file and record such further documents and instruments as may be reasonably <br />necessary to effectuate, evidence, and record the transactions contemplated by this <br />Agreement. <br />15.4 Severability. The invalidity or unenforceability of any term or terms of this <br />Agreement shall not invalidate, make unenforceable or otherwise affect any other <br />term of this Agreement, and this Agreement shall be construed in all respects as if <br />such invalid or unenforceable provision were omitted, and in such event, the <br />remaining terms of this Agreement shall remain in full force and effect. <br />15.5 Governing Law; Parties in Interest. This Agreement shall be governed by and be <br />construed in accordance with the laws of the State. <br />15.6 Computation of Time. In computing any period of time pursuant to this Agreement, <br />the day of the act or event from which the designated period of time begins to run <br />will not be included. The last day of the period so computed will be included, unless <br />it is a Saturday, Sunday or legal holiday, in which event the period runs until the <br />end of the next day which is not a Saturday, Sunday or such legal holiday. <br />15.7 Time of the Essence. All times, wherever specified herein for the performance by <br />Seller or Buyer of their respective obligations hereunder, are of the essence of this <br />Agreement. <br />15.8 Assignment. Neither party shall be entitled to assign or convey any interest in this <br />Agreement to any third party, without first obtaining the prior written consent of <br />the other party. Notwithstanding the foregoing, Buyer shall have the right to assign <br />its interest in this Agreement to an entity affiliated with, or controlled by Buyer, <br />without the consent of Seller; provided, however, that Buyer shall provide Seller <br />with a copy of any such assignment promptly after it has been executed. The <br />parties' rights and obligations under tills Agreement shall inure to the benefit of <br />and shall be binding on successors and assigns. <br />15.9 Notices. All notices and other communications in respect to this Agreement shall <br />be deemed to have been duly given, if in writing and delivered personally or if <br />mailed in a sealed wrapper by United Sates registered or certified mail, return <br />receipt requested, postage prepaid, or via facsimile, properly addressed to the <br />parties as provided in Exhibit A attached hereto. <br />US.106153450.02 <br />
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