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PROJC00983
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Last modified
3/27/2014 11:52:30 AM
Creation date
10/6/2006 12:16:39 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153663
Contractor Name
Hudson, Town of & Hudson Water Fund Entrprise
Contract Type
Loan
Water District
1
County
Weld
Bill Number
SB 78-69
Loan Projects - Doc Type
Contract Documents
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<br />.) <br /> <br />shall not inure to the benefit of any successors or a&signs of said Allottee except pursuant to the terms of <br />this Contract. <br /> <br />13. Permitted Assianments. Allottee shall have the right to temporarily assign all or a portion of <br />its capacity allotment to another Participant, or to another participant in other pipelines constructed and <br />operated by the SWSP Enterprise as part of the.Southern Water Supply Project, within the physical capabilities <br />of the Pipeline and the conditions set forth on Schedule A. The SWSP Enterprise shall not be reguired to <br />recognize such an assignment until it has received reasonable notice thereof from the Allottee. <br /> <br />14. Remedies. <br /> <br />a. Should the Allottee or the SWSP Enterprise suffer injury or daJIage to person or property <br />because of any error, omission or act of the other party or of any of the other party's <br />employees or agents or others for whose acts the other party is legally liable, claims will <br />be made in writing to the other party within a reasonable time of the first observance of such <br />injury or damage. The provisions of this subparagraph shall not be construed as a substitute <br />for or waiver of the provisions of any applicable statute of limitations or repose or any other <br />rights hereunder. <br /> <br />b. The duties and obligations imposed by this Contract and the rights and remedies available <br />hereunder to the parties hereto are in addition to, and are not to be construed in any way as <br />. a limitation of, any rights and remedies available to them which are otherwise imposed by law <br />or regulation, and the provisions of this paragraph will be as effective as if repeated <br />specifically in the Contract in connection with each partiCUlar duty, obligation, right, and <br />remedy to which they apply. All representations and commitments made in the Contract will <br />survive final payment and termination or completion of the Contract. <br /> <br />15. Most Favored Partv. The terms and provisions of the Allotment Contracts for each of the <br />Participants will be substantially similar and in no e~ent will SWSP Enterprise offer an Allotment Contract to <br />another Participant with more favorable provisions, based on all of the terms and conditions of the Agreement <br />as a whole, without first offering to Allottee the opportunity to amend its Allotment Contract to contain such <br />favorable provisions. <br /> <br />16. Leaal and Practical Abilitv to Perform. SWSP Enterprise and Allottee, respectively, warrant <br />and represent as follows: <br /> <br />a. The SWSP Enterprise hereby warrants and represents to Allottee that SWSP Enterprise is validly <br />organized and has the power and authority to enter into this Contract and to allot to Allottee <br />the rights described herein. SWSP Enterprise agrees that any assignment of its rights and <br />responsibilities hereunder shall be void and unenforceable without the prior written approval <br />of the Allottee except as set forth in paragraph 17 below. <br /> <br />b. Allottee hereby warrants and represents to SWSP Enterprise that Allottee is validly organized <br />and has the power and authority to enter into this Contract and to accept the allotment <br />described herein. <br /> <br />12 <br />
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