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AgdaPkt 2017-07-24 Closed and Joint SA FPA
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AgdaPkt 2017-07-24 Closed and Joint SA FPA
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Last modified
9/21/2017 12:52:47 PM
Creation date
7/20/2017 4:36:59 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/24/2017
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6.1.E. - Page 67 <br />WPAX <br />Water <br />Technologies <br />A UGS1 <br />SOLUTIONS <br />COMPANY <br />Mixers I Warranty Duration <br />PWM 1001150 (including Standpipe) 36 months <br />PWM 200 V1 (including Solar) and 24 months <br />V2 <br />PWM 400 V1 (including Solar) <br />PWM 500 V1 and V2 <br />PWM 600 V1 and V2 <br />PWM 400 V2 60 months <br />Power Vents (All Models) 12 months <br />-All other Products 12 months <br />THE WARRANTY SET FORTH IN THIS SECTION IS SELLER'S SOLE AND EXCLUSIVE WARRANTY <br />AND SELLER'S WARRANTY IS SUBJECT TO SECTION 10 BELOW. SELLER MAKES NO OTHER <br />WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY OR <br />FITNESS FOR A PARTICULAR PURPOSE, WARRANTIES REGARDING SERVICES RENDERED, IF <br />ANY, OR ANY WARRANTIES THAT MIGHT ARISE FROM COURSE OF DEALING OR USAGE OF <br />TRADE. <br />10. LIMITATION OF LIABILITY. NOTWITHSTANDING ANYTHING ELSE TO THE CONTRARY, SELLER <br />WILL NOT BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, PUNITIVE OR OTHER <br />INDIRECT DAMAGES, AND SELLER'S TOTAL LIABILITY ARISING AT ANY TIME FROM THE SALE OR <br />USE OF THE PRODUCTS WILL NOT EXCEED THE PURCHASE PRICE PAID FOR THE PRODUCTS. <br />THESE LIMITATIONS APPLY WHETHER THE LIABILITY IS BASED ON CONTRACT, TORT, STRICT <br />LIABILITY OR ANY OTHER THEORY. THE REMEDIES SET FORTH IN THIS AGREEMENT ARE <br />INTENDED TO CONSTITUTE A COMPLETE ALLOCATION OF THE RISKS BETWEEN THE PARTIES, <br />AND BUYER ACKNOWLEDGES THAT IT IS KNOWINGLY LIMITING THE REMEDIES THAT MIGHT <br />OTHERWISE BE AVAILABLE TO BUYER. BECAUSE THIS AGREEMENT AND THE PRICE PAID <br />REFLECT SUCH ALLOCATION, THE REMEDIES PROVIDED TO BUYER HEREUNDER WILL NOT <br />HAVE FAILED OF THEIR ESSENTIAL PURPOSE EVEN IF THEY OPERATE TO BAR RECOVERY FOR <br />CERTAIN DAMAGES THAT BUYER MAY INCUR. <br />11. Remedies of Seller. Any of the following will constitute an event of default which will enable Seller, at <br />its option and without liability to Buyer, to cancel any unexecuted portion of the order that is the subject of <br />this Agreement and to exercise any other right or remedy expressed herein or otherwise available at law or <br />in equity: (i) the failure of Buyer to make any payment required hereunder when due ("Payment Default") <br />or to perform any other term or condition contained herein; (ii) the insolvency of Buyer or its failure to pay <br />its debts as they mature, an assignment by Buyer for the benefit of its creditors, the appointment of a <br />receiver for Buyer or for the materials covered by this Agreement, or the filing of any petition to adjudicate <br />Buyer bankrupt; (iii) a failure by Buyer to provide adequate assurance of performance within ten days after <br />a justified demand by Seller; or (iv) if Seller, in good faith, believes that Buyer's prospect of performance <br />under this Agreement is impaired. Seller's obligations under Section 9 hereof will be suspended during the <br />pendency of any Payment Default. No such suspension will extend Seller's obligations under Section 9 <br />beyond the Warranty Period provided therein. Seller's election of any remedy in the event of a default by <br />Buyer will not preclude Seller from exercising any other remedy available to Seller hereunder or at law or <br />in equity for the same or any other default. In the event it becomes necessary to incur any expense for <br />collection of any overdue account, Seller's collection charges, including attorneys' fees and expenses, will <br />be added to the balance due and Buyer will pay all such charges together with interest thereon from the <br />date incurred in accordance with Section 3. <br />Phone: (650) 469-2369 Email: [loom is@ugsicorp.com Web: www.paxwater.com <br />
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