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Agmt16 California Public Finance Authority Joint Exercise of Powers
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Agmt16 California Public Finance Authority Joint Exercise of Powers
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Last modified
9/22/2016 8:29:49 AM
Creation date
9/21/2016 5:23:44 PM
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Template:
Agreement
Contractor Name
California Public Finance Authority
PROJECT NAME
Joint Powers Agreement
RMP File Number
404
Date
9/20/2016
Reso Ref
15525
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t <br /> I <br /> Y <br /> e <br /> I <br /> I <br /> 1 <br /> effective; and (c) if no such Additional Member objects to the proposed amendment in writing [ <br /> within sixty (60) days after the initial notice, the proposed amendment shall become effective <br /> with respect to all Members. <br /> I <br /> Section 17. Effectiveness. I <br /> l <br /> This Agreement shall become effective and be in full force and effect and a legal, valid <br /> and binding obligation of each of the Members on the date that the Board shall have received <br /> from two of the Charter Members an executed counterpart of this Agreement, together with a I <br /> certified copy of a resolution of the governing body of each such Charter Member approving this <br /> Agreement and the execution and delivery hereof. <br /> Section 18. Partial Invalidity. r <br /> If any one or more of the terms, provisions, promises, covenants or conditions of this <br /> Agreement shall to any extent be adjudged invalid, unenforceable, void or voidable for any <br /> reason whatsoever by a court of competent jurisdiction, each and all of the remaining terms, 3 <br /> provisions, promises, covenants and conditions of this Agreement shall not be affected thereby, <br /> and shall be valid and enforceable to the fullest extent permitted by law. <br /> I <br /> Section 19. Successors. <br /> This Agreement shall be binding upon and shall inure to the benefit of the successors of <br /> the parties hereto. Except to the extent expressly provided herein, no Member may assign any <br /> right or obligation hereunder without the consent of the other Members. <br /> Section 20. Miscellaneous. . <br /> This Agreement may be executed in several counterparts, each of which shall be an <br /> original and all of which shall constitute but one and the same instrument. <br /> The section headings herein are for convenience only and are not to be construed as <br /> modifying or governing the language in the section referred to. <br /> Wherever in this Agreement any consent or approval is required, the same shall not be <br /> unreasonably withheld. <br /> This Agreement shall be governed under the laws of the State of California. <br /> This Agreement is the complete and exclusive statement of the agreement among the <br /> Members, which supercedes and merges all prior proposals, understandings, and other <br /> agreements, whether oral, written, or implied in conduct, between and among the Members <br /> relating to the subject matter of this Agreement. <br /> OHSUSA:761103270.3 PL 2015-42-42 [24113.doc] 10 <br />
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