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MATCH POINT TENNIS ASSOCIATION 1
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MATCH POINT TENNIS ASSOCIATION 1
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Entry Properties
Last modified
4/17/2015 11:37:40 AM
Creation date
10/18/2007 7:43:28 AM
Metadata
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Template:
Contracts
Company Name
MATCH POINT TENNIS ASSOCIATION
Contract #
N-2007-120
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Expiration Date
11/1/2008
Insurance Exp Date
12/31/2007
Destruction Year
2013
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<br />DO NOT RECORD <br /> <br />Section 6.02 Abandonment by Licensee <br /> <br />Should Licensee breach this Agreement and abandon the License Area prior to the <br />expiration ofthe Term or Renewal Term, Licensor may: <br /> <br />(a) Continue this License in effect by not terminating Licensee's right to the <br />License Area, in which event Licensor shall be entitled to enforce all of its <br />rights and remedies under this Agreement, including the right to recover <br />the compensation/consideration specified in this Agreement as it becomes <br />due under this Agreement; or <br /> <br />Section 8.0 Terminate this Agreement and recover from Licensee any amount <br />necessary to compensate Licensor for all detriment <br />proximately caused by Licensee's failure to perform its <br />obligations under this Agreement. <br /> <br />Section 6.03 Default by Licensee <br /> <br />Should Licensee default in the performance of any of the terms, conditions, or obligations <br />contained in this Agreement, Licensor may, in addition to the remedies specified in <br />Section 6.02 of this License, re-enter and regain possession of the License Area in the <br />manner provided by the laws of the State of California then in effect. <br /> <br />Section 6.04 Insolvency of Licensee <br /> <br />The insolvency of Licensee as evidenced by a receiver being appointed to take possession <br />of all or substantially all ofthe property of Licensee, or the making of a general <br />assignment for the benefit of creditors by Licensee, or the filing of a petition in <br />bankruptcy shall terminate this Agreement and entitle Licensor to re-enter and regain <br />possession ofthe License Area. <br /> <br />Section 6.05 Cumulative Remedies <br /> <br />The remedies given to Licensor in this Agreement shall not be exclusive, but shall be <br />cumulative and in addition to all remedies now and hereafter allowed by law or elsewhere <br />provided in this Agreement. <br /> <br />Section 6.06 Waiver of Breach <br /> <br />The waiver by Licensor of any breach by Licensee of any of the provisions of this <br />Agreement shall not constitute a continuing waiver or a waiver of any subsequent breach <br />by Licensee either of the same or another provision of this Agreement. <br /> <br />8 <br />
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