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Res19 15733
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Res19 15733
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Last modified
1/17/2019 4:15:03 PM
Creation date
1/17/2019 4:14:20 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/14/2019
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8.1.3 Upon the occurrence of a Licensee Event of Default, Licensor shall have <br />the right to exercise any and all rights and remedies available to it under law and equity, <br />including without limitation the following: <br />(a) Following five (5) days' written notice to Licensee, declare to be <br />immediately due and payable, on account of the License Fees and other charges herein reserved <br />for the balance of the then -current Initial Term or Renewal Term of this License, as the case may <br />be (taken without regard to any early termination of such term on account of a Licensee Event of <br />Default or other Licensor right to terminate this License), a sum equal to (y) all License Fees and <br />other charges, payments, costs and expenses due from Licensee to Licensor and in arrears at the <br />time of the Licensee Event of Default, plus (z) the License Fees reserved for the then entire <br />unexpired balance of the then -current Initial Term or Renewal Term of this License, as the case <br />may be (taken without regard to any early termination of the term by virtue of a Licensee Event <br />of Default), plus all other charges, payments, costs and expenses herein agreed to be paid by <br />Licensee up to the end of such term which shall be capable of precise determination at the time <br />of the Event of Default. <br />(b) Whether or not Licensor has elected to recover the sums set forth <br />in subsection (a) above, terminate this License on at least rive (5) days' notice to Licensee and, <br />on the date specified in such notice, this License and the term hereby demised and all rights of <br />Licensee hereunder shall expire and terminate and Licensee shall thereupon quit and surrender <br />possession of the demised Premises to Licensor in the condition elsewhere herein required in <br />which event Licensee shall remain liable to Licensor as herein provided. <br />(c) Exercise any and all rights and remedies under law and equity. <br />The following will be deemed a default by Licensor and a breach of this License: (i) <br />Licensor's failure to provide access to the Premises as required by Section 7, above, within <br />twenty-four (24) hours after receipt of written notice of such failure; (ii) Licensor's failure to <br />cure an interference problem to the extent required by and pursuant to the terms and conditions <br />of Section 5.2 of this License; or (iii) Licensor's failure to perform any term, condition or breach <br />of any warranty or covenant under this License within thirty (30) days after receipt of written <br />notice from Licensee specifying the failure, including to cure an interference problem as required <br />by Section 5 of this License. No such failure, however, will be deemed to exist if Licensor has <br />commenced to cure the default within such period and provided such efforts are prosecuted to <br />completion with reasonable diligence. Delay in curing a default will be excused if due to causes <br />beyond the reasonable control of Licensor. If Licensor remains in default beyond any applicable <br />cure period, Licensee will have: (y) the right to cure Licensor's default and to deduct the costs of <br />such cure from any monies due to Licensor from Licensee, and (z) any and all other rights <br />available to it under law and equity. <br />9. TERMINATION BY LICENSEE OR LICENSOR. <br />9.1 Following the Effective Date, and except as otherwise provided herein this <br />License may be terminated by Licensee in the following circumstances: <br />REV:11-14.18 OZ <br />Page 14 of 35 <br />ATTY/AGR.2018.264/New Cingular Wireless PCS, LLC - Wireless Communications Site License <br />Agreement 555 California Way <br />
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