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5. Time of Essence. Time is of the essence with respect to all provisions of this Agreement <br />in which a definite time for performance is specified including, but not limited to, the expiration <br />of the term. <br />6. Cumulative Remedies. All rights and remedies of either party hereto set forth in this <br />Agreement shall be cumulative, except as may otherwise be provided herein. <br />7. Survival of Indemnities. Termination of this Agreement shall not affect the right of the <br />City or Primary Sponsor to enforce any and all indemnities and representations and warranties <br />given or made to the other Party under this Agreement, nor shall it affect any provision of this <br />Agreement that expressly states it shall survive termination hereof. <br />8. Entire Agreement; Exhibits. This Agreement, including exhibits, shall constitute the <br />entire agreement of the Parties. Any and all prior agreements or understandings of the Parties <br />shall, upon execution of this Agreement, be null and void. <br />9. Waiver. <br />a. Any term or condition of this Agreement may be waived at any time by the Party <br />entitled to the benefit thereof. The waiver of any term or condition shall not be <br />construed as a waiver of any other term or condition of this Agreement. <br />b. The failure of either Party to give notice or demand strict performance by the other <br />of any of the terms, obligations, covenants or conditions set forth herein shall not <br />be construed as a waiver or relinquishm <br />remedy for or demand strict performance of said terms, obligations, covenants and <br />conditions. <br />c. The failure to terminate this Agreement for default shall not constitute a waiver of <br />any remedies the non-defaulting Party would otherwise be entitled to demand. <br />d. All waivers shall be done in writing to be valid. <br />10. Force Majeure. If the performance by any Party of any obligation set forth in this <br />Agreement (other than the payment of money) is prevented by an act of God, force majeure or <br />similar contingency or unexpected event beyond the control of any Party, such occurrence shall be <br />considered a valid excuse for non-performance or delay in the performance of the obligations <br />hereunder. <br />11. Compliance with Laws. In performing its obligations under this Agreement, each Party <br />will comply with all local ordinances, state and federal statutes, orders, by-laws, regulations, and <br />other laws of any applicable governmental entity or agency. <br />12. Costs and Expenses. Each Party must pay its own legal costs and expenses for the <br />negotiation, preparation, and execution of this Agreement. <br />13. Governing Law and Jurisdiction. Any and all matters in dispute between the Parties <br />arising from or relating to this Agreement shall be governed by, construed, and enforced in <br />7 <br /> <br />