My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2018-51 Authorizing Redevelopment Agreement Love's Travel Stops & Country Stores, Inc.
COD
>
City Clerk
>
RESOLUTIONS
>
2018
>
R2018-51 Authorizing Redevelopment Agreement Love's Travel Stops & Country Stores, Inc.
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/16/2018 2:46:31 PM
Creation date
6/4/2018 10:48:33 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2018-51
Res Ord Title
Resolution Authorizing Redevelopment Agreement Love's Travel Stops & Country Stores, Inc.
Department
City Manager
Approved Date
5/21/2018
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
or(d) if provided by e-mail, on the same day, if delivered on a business day during business hours,and on <br /> the following business day if otherwise, provided that the sender does not receive any notice of failure of <br /> delivery(i.e., an automatic response). <br /> To Love's: To City: <br /> Love's Travel Stops&Country Stores, City of Decatur <br /> Inc. Attn: Ray Lai, Director of Economic and <br /> Attn: Vice President Real Estate Community Development <br /> 10601 N. Pennsylvania Ave. 1 Gary K. Anderson Plaza <br /> Oklahoma City, OK 73120 Decatur, Illinois 62523 <br /> Email: Rick.Shuffteld ,,loves.com E-mail: rlai a.decaturil.aov <br /> 5. INDEMNITY. To the fullest extent allowed by applicable law, each party (the <br /> "Indemnifying Party") hereto hereby agrees to indemnify,defend and hold the other party, its affiliates and <br /> their respective, managers, members, officers, directors, employees and agents (collectively, the <br /> "Indemnified Parties"), harmless from and against any and all claims, losses, costs,damages, liabilities, or <br /> expenses (including, without limitation, reasonable attorneys' fees) ("Claims") arising from or in relation <br /> to the gross negligence or willful misconduct of the Indemnifying Party(or any person acting at its direction <br /> or on its behalf), except to the extent such Claims are a result of the action, inaction, gross negligence or <br /> willful misconduct of any of the Indemnified Parties. The obligations of this Section 5 shall survive the <br /> expiration,termination or completion of this Agreement. <br /> 6. REPRESENTATION AND WARRANTIES. <br /> 6.1 Of Love's. Love's represents and warrants that (i) Love's is an Oklahoma <br /> corporation duly organized,validly existing and in good standing under the laws of the State of Oklahoma; <br /> (ii)Love's has the full and complete right,power and authority to enter into this Agreement and to perform <br /> its duties and obligations under this Agreement in accordance with the terms and conditions hereof; and <br /> (iii)the individual executing this Agreement on behalf of Love's is duly authorized and empowered to do <br /> so and by such execution,binds Love's under this Agreement. <br /> 6.2 Of the City. The City represents and warrants that(i)the City is a validly existing <br /> municipal corporation; (ii)the City has the full and complete right, power and authority to enter into this <br /> Agreement and to perform its duties and obligations under this Agreement in accordance with the terms <br /> and conditions hereof; and (iii) the individual executing this Agreement on behalf of the City is duly <br /> authorized and empowered to do so and by such execution, binds the City under this Agreement. <br /> 7. MISCELLANEOUS. This Agreement embodies the entire understanding of the parties <br /> with respect to the subject matter hereof and shall be binding upon and inure to the parties,their respective <br /> successors and assigns. The terms hereof shall not be construed in favor of or against either party,but shall <br /> be construed as if jointly prepared by the parties, it being understood and agreed that each party hereto had <br /> sufficient opportunity to participate in the drafting of this Agreement and to seek legal advice in relation <br /> hereto. If any provisions of this Agreement shall be held to be void or unenforceable for any reason, said <br /> provision shall be deemed modified so as to constitute a provision conforming as nearly as possible to said <br />
The URL can be used to link to this page
Your browser does not support the video tag.