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Reso 2018-2806
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Reso 2018-2806
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Last modified
6/14/2018 11:23:11 AM
Creation date
5/2/2018 11:51:05 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2018-2806
Date (mm/dd/yyyy)
04/19/2018
Description
Waive Bid Req. & Agmt w/ Econolite for Adaptive Signalization Equipment
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• <br /> Licensor at Its own expense shall make a fresh deposit to replace the escrow materials so lost,damaged or <br /> destroyed. <br /> I8. GOVERNING LAW - ! <br /> This agreement shall be governed in accordance with the laws of the State of California without giving effect <br /> to its conflict of laws provisions. <br /> 19. ENUREMENT <br /> This agreement shall be binding upon and enure to the benefit of the Parties their respective heirs, <br /> administrators,executors,successors and assignees. This agreement may not be assigned by the Escrow <br /> • Agent without the prior written consent of the Licensor and Licensee. <br /> 20. GENERAL <br /> (a) The Escrow Agent may rely on all documents,notices and communications on their face,and is not <br /> required to make further inquiry into their authenticity or the veracity of their contents. <br /> (b) Nothing in this agreement shall be construed so as to expand,contract or create new obligations <br /> to support and maintain the software. <br /> (c) If any matter under this agreement is in dispute then the Escrow Agent shall be entitled to stand <br /> still with respect to its obligations to either hold or release the Software until the disputing Parties <br /> have finally settled the matter by mutual consent,court or arbitration proceedings. <br /> END OF TERMS AND CONDITIONS <br /> (SIGNATURE PAGE FOLLOWS) <br /> • <br /> • <br /> Pap 44.113 <br /> TM C.<54110111974 2014 Ltt COW-PARRY SOfrESCROW.Uc`,. <br /> &111-'.17:91%0146:ii.4i,C:avcvl4 <br /> Wt,N'h'N <br />
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