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HomeMy WebLinkAbout430 S COLLEGE AVE - CORRESPONDENCE - 1/28/2005 (10)If to the City: City Manager City of Fort Collins P.O. Box 580 Fort Collins, CO 80522 If to CSU: vice President of Administrative Services Colorado State University Gerry Bomotti Fort Collins CO 80523 With copies to: CSU. General Counsel, and Mechanical Engineering Department Colorado State University Fort Collins CO 80523 27. No Remedy Exclusive. No remedy herein conferred upon or reserved to a party is intended to be exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity. No delay or omission to exercise any right or power accruing upon any default shall impair any such right to power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the City or CSU to exercise any remedy reserved, it shall not be necessary to give any notice, other than such notice as may be specifically required by this Lease. 28. No Waiver. In the event that any covenant contained herein should be breached by a party and thereafter waived by the other parties, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other breach hereunder. In addition, the failure of one party to insist upon strict performance of the terms, conditions, covenants and agreements herein contained or any of them shall not constitute or be considered as.a waiver or relinquishment of that party Is rights thereafter to enforce any such default or term, condition, covenant or agreement. 29. Binding Effect. This Lease shall inure to the benefit of and shall be binding upon the City and CSU and their respective heirs, successors, administrators and assigns. 30. Captions. The captions or headings herein are for convenience only and in no way define, limit or describe the scope or intent of any provisions or sections hereof. 31. Construction Entire Agreement/Ambiguities. This Lease shall be construed according to its fair meaning and as if prepared by all of the parties hereto and shall be deemed to be and contain the entire understanding and agreement between the parties. There - 12 of 17 -