R2002-84 RESCINDING BID AND AWARDING PURCHASE ORDER

Home Browse Search

14. Lessee cannot assign this lease to others uniess he obtains written approval from Lessor. 15. Time is of the essence of this lease. Lessor's failure at any time to require strict performance by Lessee of any of the provisions hereof shall not waive or diminish Lessor's right hereafter to demand strict compliance therewith or with any other provision. Waiver of any default shall not waive any other default. Lessor's rights hereunder are cumulative and not alternative. 16. If any provision herein is held by any court having jurisdiction to be invalid, all other provisions hereof shall not thereby be affected. 17. This lease shall be subject to written approval and acceptance by Lessor at its principal o�ce in Wheeling, IL through a duly authorized officer. This lease is executed and shall be governed, construed and interpreted according to the laws of the State of Illinois. In the event that any party to this Agreement claims that any other party to this Agreement has breached its terms and files suit because of said breach, the parties hereto herby consent to said suit being filed in the Circuit Court of Cook County, Illinois and further consent to said suit being adjudicated by said Court. The parties further consent to the issuance of process by said Court in furtherance of the adjudication. The � parties further agree that said consent is reasonable because, without limitation, at least one of the parties resides in Illinois, the negotiations for this Agreement took place, in part, by verbal or written communications transmitted from Illinois, witnesses may reside in Illinois and the equipment that is the subject matter of this Agreement was owned by a Seller or Lessor located in Illinois. 18. This Equipment Lease Contract is the primary document for this rental transaction. The contract overrides any conflict that may exist befinreen Lessee's purchase order and Lessor's contract. 19. Taxes-The prices provided for herein are exclusive of any present orfuture Federal, State, Municipal, or other sales or use tax with respect to the material, Equipment or services covered hereby, of any other present or future excise tax upon or measured by the gross receipts from this transaction or any allocated portion thereof or by the gross value of the material or Equipment covered hereby and any present orfuture propertytax orother similarcharge with respect to the material or Equipment covered hereby. If the Lessor is required by applicable law or regulation to pay or collect any such tax or taxes on account of this transaction or the material, Equipment or services covered hereby, then such amount of tax shall be paid by the Lessee in addition to the prices herein provided for. 6