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GORDON & WILLIAMS, INC.
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GORDON & WILLIAMS, INC.
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Last modified
3/6/2025 11:17:34 AM
Creation date
9/5/2024 12:20:31 PM
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Contracts
Company Name
GORDON & WILLIAMS, INC.
Contract #
A-2005-162
Agency
Public Works
Council Approval Date
6/20/2005
Expiration Date
11/1/2006
Insurance Exp Date
6/27/2008
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ARTICLE VI <br />DAMAGE, DESTRUCTION AND EMINENT DOMAIN; USE OF NET PROCEEDS <br />Section6.1, Eminent Domain..........................................................................................................................15 <br />Section6.2. Application of Net Proceeds.......................................................................................................15 <br />Section 6.3. Abatement of Lease Payments in the Event of Damage or Destruction...............................15 <br />ARTICLE VII <br />DISCLAIMER OF WARRANTIES; ACCESS; INDEMNIFICATION <br />Section7.1. DiscIaimer of Warranties............................................................................................................17 <br />Section7.2. Access to the Property.................................................................................................................17 <br />Section 7.3, Release and Indemnification Covenants...................................................................................17 <br />ARTICLE VIII <br />ASSIGNMENT, SUBLEASING AND AMENDMENT <br />Section8.1. Assignment by the Authority.....................................................................................................18 <br />Section 82 Assignment and Subleasing by the City...................................................................................18 <br />Section8.3. Amendment of Lease Agreement..............................................................................................18 <br />ARTICLE IX <br />EVENTS OF DEFAULT AND REMEDIES <br />Section9.1. Events of Default Defined........................................................................................................... 21 <br />Section 9.2. Remedies on Default.................................................................................................................... 21 <br />Section 9.3. <br />Waiver of Statutory Remedies.................................................................................................... <br />23 <br />Section9.4, <br />No Remedy Exclusive................................................................................................................. <br />23 <br />Section 9.5. <br />Agreement to Pay Attorneys' Fees and Expenses................................................................... <br />23 <br />Section 9.6. <br />No Additional Waiver Implied by One Waiver....................................................................... <br />23 <br />Section9.7. <br />Application of Proceeds.............................................................................................................. <br />23 <br />Section 9.8. <br />Assignee to Exercise Rights........................................................................................................ <br />23 <br />ARTICLE X <br />PREPAYMENT OF LEASE PAYMENTS <br />Section10.1. Prepayment Option..................................................................................................................... 25 <br />Section 10.2, Mandatory Prepayment From Net Proceeds of Insurance, Title Insurance or <br />EminentDomain.......................................................................................................................... 25 <br />ARTICLE XI <br />MISCELLANEOUS <br />Section11.1, <br />Notices...........................................................................................................................................26 <br />Section11.2, <br />Binding Effect............................................................................................................................... <br />26 <br />Section11.3. <br />Severability................................................................................................................................... <br />26 <br />Section11.4. <br />Net -net -net Lease......................................................................................................................... <br />27 <br />Section 11.5. <br />Further Assurances and Corrective Instruments..................................................................... <br />27 <br />Section 11.6. <br />Execution in Counterparts.......................................................................................................... <br />27 <br />Section11.7. <br />Applicable Law............................................................................................................................ <br />27 <br />Section 11.8. <br />Authority and City Representatives.......................................................................................... <br />27 <br />Section11.9. <br />Captions........................................................................................................................................ <br />27 <br />
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