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R2018-92 Authorizing an Indeasible Right of Use Agreement and Assocated Sales Order with Millikin University to Obtain Dark Fiber
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R2018-92 Authorizing an Indeasible Right of Use Agreement and Assocated Sales Order with Millikin University to Obtain Dark Fiber
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Last modified
1/13/2020 11:12:43 AM
Creation date
7/23/2018 10:03:46 AM
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Resolution/Ordinance
Res Ord Num
R2018-92
Res Ord Title
Resolution Authorizing an Indefeasible Right of Use Agreement and Associated Sales Order with Millikin University to Obtain Dark Fiber from the City of Decatur Fiber Network
Department
Information Tech
Approved Date
7/16/2018
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lawfully in the receiving Party's possession prior to its acquisition from the disclosing Party, <br /> received in good faith from a third-party not subject to any confidentiality obligation to the <br /> disclosing Party, now is or later becomes publicly known through no breach of confidentiality <br /> obligation by the receiving Party, or is independently developed by the receiving Party without the <br /> use or benefit of the disclosing Party's confidential information. <br /> ARTICLE 19 <br /> DEFAULT <br /> 19.1 The following events shall constitute (Events of Default), the occurrence of which <br /> shall constitute a material breach of this Agreement and entitle the non-defaulting party to seek <br /> the rights and remedies available to it under the terms of this Section 19, Default: <br /> (a) Failure by Customer to pay any amount when due and such failure is not cured <br /> within thirty(30)calendar days following receipt of written notice of such failure, <br /> or <br /> (b) Failure by either party to observe or perform any other material obligation <br /> under this Agreement when such failure shall continue for a period of thirty(30) <br /> calendar days (or such longer period as may be agreed upon by the parties in <br /> writing; provided that the defaulting party commences to cure such failure <br /> within such thirty (30) calendar day period and thereafter diligently pursues <br /> such cure) after written notice. <br /> 19.2 Rights and Remedies of Customer. Upon the occurrence of an Event of Default <br /> by or with respect to the CITY, Customer shall be entitled to: <br /> (a) Terminate the Agreement and/or <br /> (b) Subject to the terms of Article 14, recover damages <br /> 19.3 Rights and Remedies of the CITY. Upon the occurrence of an Event of Default by <br /> or with respect to Customer, the CITY shall have the right to: (i) terminate the Agreement; (ii) <br /> recover actual amounts owed by Customer to the CITY that accrued on or prior to the date of <br /> termination; and/or(iii) recover Damages. In addition to the foregoing, Customer shall be deemed <br /> to have abandoned the Dark Fiber, and to have conveyed to CITY all right, title and interest in <br /> and to the Dark Fiber. Customer shall provide to the CITY a bill of sale or such other documents <br /> as may be reasonably necessary to evidence such abandonment and/or conveyance. <br /> 19.4 Notwithstanding anything to the contrary contained in this Agreement, Customer's <br /> sole and exclusive remedy for any failure by the CITY to deliver the Dark Fiber by the Anticipated <br /> Completion Date shall be limited to those contained in this Section 19.4. In the event the CITY <br /> shall have failed to deliver the Dark Fiber within ninety(90)days after the Anticipated Completion <br /> Date (as such date may be extended by Events of Force Majeure or under the terms of this <br /> Agreement), then Customer may terminate this Agreement and receive a refund of the Initial <br /> Payment. If Customer elects to so terminate, neither Party shall have any further duties or <br /> obligations to the other Party (except for the CITY'S obligation to so refund the Initial Payment) <br /> under this Agreement. In the event the CITY shall have failed to deliver the Dark Fiber within <br /> 16 <br />
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