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cause under this subsection unless: <br /> (1) The County has given prior written notice to the City stating that a specified failure <br /> or refusal to perform exists which will, unless corrected,constitute a material breach of this Agreement on the part of <br /> the City and which will,in its opinion,give the County right to terminate this Agreement for cause under this subsection <br /> unless such breach is corrected within a reasonable period of time,and <br /> (2) The City has neither challenged in an appropriate forum (in accordance with <br /> Section 5.5) the County's conclusion that such failure or refusal to perform has occurred or constitutes a material <br /> breach of this Agreement nor corrected or diligently taken steps to correct such breach within a reasonable period of <br /> time not more than ninety(90)days from the date of the notice given pursuant to clause(1)of this subsection(but if <br /> the City shall have diligently taken steps to correct such breach within such reasonable period of time,the same shall <br /> not constitute a breach giving rise to the right of termination for as long as the City is continuing to take such steps to <br /> correct such breach). <br /> SECTION 5.4 NO WAIVERS.No action of the County or the City pursuant to this Agreement (including, <br /> but not limited to, any investigation or payment),and no failure to act,shall constitute a waiver by either Party of the <br /> other Party's compliance with any term or provision of this Agreement.No course of dealing or delay by the County <br /> or the City in exercising any right,power or remedy under this Agreement shall operate as a waiver thereof or otherwise <br /> prejudice such Party's rights,powers and remedies. No single or partial exercise of(or failure to exercise)any right, <br /> power or remedy of the County or the City under this Agreement shall preclude any other or further exercise thereof <br /> of the exercise of any other right,power or remedy. <br /> ARTICLE VI <br /> TERM <br /> SECTION 6.1 EFFECTIVE DATE AND TERM. <br /> (A) Initial Term. This Agreement shall become effective, shall be in full force and effect and <br /> shall be legally binding upon the City and the County from the Contract Date and shall continue in full force and effect <br /> until June 30,2036, unless earlier terminated in accordance with its terms, in which event the Term shall be deemed <br /> to have expired as of the date of such termination. <br /> (B) Option to Renew. This Agreement shall be subject to renewal by mutual agreement of the <br /> Parties,on or before June 30, 2036 for an additional term of ten(10)years(the"Renewal Term")on the same terms <br /> and conditions as are applicable during the Initial Term hereof or on amended terms as may be mutually agreed to by <br /> the Parties.The City shall give the County written notice of its election to renew this Agreement on or before June 30, <br /> 2035.If the parties do not execute a renewal of this Agreement prior to June 30,2036 it shall expire. <br /> (C) Contract Rate During Renewal `Perm. In connection with the parties' right to renew this <br /> Agreement for an additional ten-year term pursuant to Section 6.1(C),the parties shall,on or before January 31,2036 <br /> negotiate an applicable change in the Contract Rate for such renewal term. In determining any revisions to the Contract <br /> Rate to be applicable during any renewal period, in addition to the circumstances described in Section 4.2(A), the <br /> parties may take into consideration the following parameters,including but not limited to: <br /> (i) actual cost of operations; <br /> (ii) population growth; <br /> (iii) increase or decrease in available tonnage; <br /> (iv) economic and disposal market conditions in the Southern California region; <br /> (v) new regulatory requirements; <br /> (vi) Changes in Law; <br />