My WebLink
|
Help
|
About
|
Sign Out
Home
Agmt 2011 EBRCSA
CityHall
>
City Clerk
>
City Council
>
Agreements
>
2011
>
Agmt 2011 EBRCSA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/20/2012 5:21:54 PM
Creation date
10/1/2010 2:03:06 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
2/1/2011
Retention
PERM
Document Relationships
Reso 2010-124
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2010
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
28
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(i) by mandamus or other action or proceeding or suit at law or in equity, <br /> enforce its rights against a User, or any board member, officer or employee thereof, and compel <br /> the User or any such board member, officer or employee to perform and carry out its or his <br /> duties under applicable law and the agreements and covenants contained herein required to be <br /> performed by it or him; <br /> (ii) by suit in equity enjoin any acts or things which are unlawful or violate the <br /> rights of the Authority; or <br /> (iii) by suit in equity upon the happening of an Event of Default require the <br /> User and its board members, officers and employees to account as the trustee of an express trust. <br /> Section 5.03. Non - Waiver. <br /> A waiver of any default or breach of duty or contract by the Authority (which waiver <br /> shall be subject to the prior written consent of the Bond Holders) shall not affect any subsequent <br /> default or breach of duty or contract or impair any rights or remedies on any such subsequent <br /> default or breach of duty or contract. No delay or omission by the Authority to exercise any <br /> right or remedy accruing upon any default or breach of duty or contract shall impair any such <br /> right or remedy or shall be construed to be a waiver of any such default or breach of duty or <br /> contract or an acquiescence therein, and every right or remedy conferred upon the Authority by <br /> applicable law or by this Article V may be enforced and exercised from time to time and as often <br /> as shall be deemed expedient by the Authority. <br /> If any action, proceeding or suit to enforce any right or exercise any remedy is abandoned <br /> or determined adversely to the Authority, the Authority and the Users shall be restored to their <br /> former positions, rights and remedies as if such action, proceeding or suit had not been brought <br /> or taken. <br /> Section 5.04. Remedies Not Exclusive. <br /> No remedy herein conferred upon or reserved in this Agreement is intended to be <br /> exclusive of any other remedy, and each such remedy shall be cumulative and shall be in <br /> addition to every other remedy given hereunder or now or hereafter existing in law or in equity <br /> or by statute or otherwise and may be exercised without exhausting and without regard to any <br /> other remedy conferred by any other law. <br /> Section 5.05. Agreement to Pay Attorneys' Fees and Expenses. <br /> In the event any party to this Operating Agreement should default under any of the <br /> provisions hereof and the nondefaulting parties should employ attorneys or incur other expenses <br /> for the collection of moneys or the enforcement or performance or observance of any obligation <br /> or agreement on the part of the defaulting party herein contained, the defaulting party, upon <br /> successful completion of such proceedings by the nondefaulting party, agrees that it will on <br /> demand therefor pay to the nondefaulting party the reasonable fees of and subject to any <br /> provision in the JPA Agreement regarding indemnification or payment of attorney fees, such <br /> attorney fees and such other expenses so incurred by the nondefaulting party. <br /> - 20 - <br /> Project Operating Agreement 11 17; 10 <br /> City Attorney Group <br />
The URL can be used to link to this page
Your browser does not support the video tag.