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Agmt02 Shopping Cart (42)
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Agmt02 Shopping Cart (42)
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Last modified
8/11/2005 4:52:26 PM
Creation date
1/3/2003 8:38:22 AM
Metadata
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Template:
Agreement
Contractor Name
Bed Bath & Beyond
PROJECT NAME
Abandoned Shopping Cart Retrieval
RMP File Number
304
Date
12/11/1992
Box
5959
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7. Cooperation; Compliance With Ordinance. Participating Owner agrees to <br />accept deliveries of all Shopping Carts bearing Participating Owner's identification and <br />to acknowledge receipt thereof by executing all receipts corresponding to such <br />deliveries. Participating Owner further agrees to comply with the Ordinance in all <br />respects; provided, that so long as this agreement shall remain in effect and <br />Participating Owner shall not be in default of any material provision hereof, Participating <br />Owner shall be exempt from the provisions of Sections 14.122 and 14.123 of the <br />Ordinance. <br /> <br /> 8. Change of Ownership. If, during the term hereof, Participating Owner <br />changes ownership, this agreement shall terminate and Participating Owner's <br />successor owner shall be deemed a non-Participating Owner under the Ordinance and <br />the exemption from the provisions of Sections 14.122 and 14.123 provided hereunder <br />shall be null and void. Nothing herein contained shall be deemed a limitation upon City <br />to approve an assignment or other transfer of interest hereunder to Participating <br />Owner's successor or to enter into a new agreement with said successor. For purposes <br />of this paragraph, "change of ownership" shall include, but not be limited to, the transfer <br />of Participating Owner's controlling interest to any person, firm, partnership, corporation, <br />association, or other entity by sale, transfer of stock, or other reorganization. <br /> <br /> 9. Nonassignability. Participating Owner shall not assign, mortgage, hypothecate, <br /> lien, encumber, or otherwise transfer this agreement or any interest therein without the express <br /> prior written consent of City. <br /> <br /> 10. Indemnification. Participating Owner shall defend, protect, indemnify, and <br /> hold harmless City, its Council, boards, commissions, committees, officers, employees, <br /> and agents (collectively, "lndemnitees") from and against any and all liability, losses, <br /> <br /> F:AttyCD/Agmt/Agmt-519 '~ <br /> <br /> <br />
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