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R2004-69 AUTHORIZING EXECUTION OF AGREEMENT
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R2004-69 AUTHORIZING EXECUTION OF AGREEMENT
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Last modified
1/5/2016 3:55:16 PM
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Resolution/Ordinance
Res Ord Num
R2004-69
Res Ord Title
AUTHORIZING EXECUTION OF AGREEMENT MILLION FLOWER PROJECT - ILLINOIS POWER COMPANY
Approved Date
5/3/2004
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Licensee shall furnish to Licensor a Certificate of Insurance issued by each insurance company or <br /> insurance companies certifying that the above insurance coverages have been provided, and <br /> specifying the inclusive dates of such coverages. Each policy shall also provide that the I, <br /> insurance company issuing such policy shall not cancel or terminate said policy without first II <br /> giving Licensor at least 30 days' advance written notice of such cancellation or termination. All I' <br /> insurance required shall remain in force for the entire life of this PLA, and during such period of <br /> time as is required for Licensee to remove its equipment following the termination of this PLA , <br /> for any reason. <br /> 10. If, in the event that Licensor wishes to abandon any portion of poles addressed <br /> herein, this PLA may be cancelled for that portion to be abandoned at any time upon the giving �, <br /> by Licensor of sixty(60) days' prior written notice to Licensee. If Licensee shall fail or refuse to I <br /> remove such attachments within thirty(30) days after expiration of the sixty(60) day notice I <br /> period,then Licensor shall have the right to remove such attachments of Licensee without any I <br /> liability on account thereof. � <br /> 11. Licensee shall not assign, transfer or sub-license the privileges hereby granted I <br /> without the prior written consent of Licensor. II <br /> 12. This Agreement shall be for a period of twenty years and thenceforth shall II <br /> continue from year to year until cancelled in writing by either party giving written notice to the I' <br /> other party at least six months prior to the end of any calendar year. ' <br /> 13. This PLA shall be interpreted and governed by the laws of the State of Illinois. I <br /> 5 <br /> � <br />
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