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Agreement, including, but not limited to, the provisions of subsection (a) <br />above. <br />16.8 In the event that Developer's insurance is cancelled, Developer will provide <br />replacement coverage or all work must cease as of the cancellation date until <br />replacement insurance coverage is provided. <br />17. Encroachment Permits. Developer will obtain, at its sole cost and expense, any <br />encroachment permits required by City in order to perform the Work. <br />18. Payments. Developer agrees that it will pay, when due, all those furnishing labor <br />or materials in connection with the Work. Developer further agrees that pursuant to <br />Government Code section 66499.7, the payment security provided by Developer in <br />accordance with Subsection 12.1 of this Agreement will not be released if any mechanics <br />liens or stop notices are outstanding, unless said liens are released by bond in compliance <br />with Civil Code section 8424. <br />19. Notice of Breach and Default. The occurrence of any of the following constitutes a <br />breach and default of this Agreement: <br />19.1 Developer refuses or fails to complete the Work within the time set forth <br />herein or abandons the Work. <br />19.2 Developer assigns the Agreement without the prior written consent of City. <br />19.3 Developer is adjudged bankrupt or makes a general assignment for the <br />benefit of creditors, or a receiver is appointed in the event of Developer's <br />insolvency. <br />19.4 Developer or Developer's contractors, subcontractors, agents or <br />employees, fail to comply with any terms or conditions of this Agreement. <br />19.5 Any delay in the construction of any portion of the Work or repairs, which in <br />the reasonable opinion of the City Engineer, endangers public or private property. <br />City may serve written notice of breach and default upon Developer and the financial <br />institution holding the securities. <br />20. Opportunity to Cure. If City gives Developer notice under Section 19 (Notice of <br />Breach and Default) of breach and default of this Agreement, Developer will have thirty <br />(30) days within which to correct, remedy or cure the default. If the written notification <br />states that the problem is urgent and relates to the public health and safety, then <br />Developer will have twenty four (24) hours to correct, remedy or cure the default. If <br />Developer does not cure the default within the applicable timeframe, City may pursue the <br />remedies set forth in Section 21 (Remedies) below. <br />REV: 05-13-25 VR <br />ATTY/AGR.2025.064/Stanford Health Care (2950 Bay Rd. LMA) (Page 11 of 24) <br />