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  2. Finance Committee - Agenda - 5/18/2022 - P128

Finance Committee - Agenda - 5/18/2022 - P128

By dnadmin on Sun, 11/06/2022 - 21:41
Document Date
Wed, 05/18/2022 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/18/2022 - 00:00
Page Number
128
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051820…

or entity against the Contractor, Contractor shall deliver copies of such to the Purchasing Manager
within twenty four (24) hours after reccipt.

SECTION 26. OTHER NOTICES.

Contractor shall notify the Purchasing Manager within two (2) working days, by providing the copies of
documents concerning:

Contractor filing for relief under the Bankruptcy Code;

the appointment of a trustee, receiver or liquidator for all or a substantial part of the Contractor’s
property,

any reorganization, or liquidation proceedings by or against the Contractor; and

the filing of any lien or attachment against any property or bank account of Contractor

the filing of any other legal cause of action directly relating to the services funded or provided
under this agreement

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SECTION 27. ASSIGNMENTS.

Contractor shall not transfer, pledge or otherwise assign this Contract or any interest therein, or any
claim arising there under, to any other party, bank, trust company or other financial institution. Any
purported transfer or assignment made in violation of this section is null and void.

SECTION 28. NO THIRD PARTY BENEFICIARIES.

This Contract does not confer any enforceable rights to any person or entity, which is not a party to this
Contract.

SECTION 29. COMPLIANCE WITH FEDERAL, STATE AND LOCAL LAWS.

The Contractor shall comply with all applicable laws, rules, regulations, procedures and policies of the
Federal, State and local governments.

SECTION 30. LEGAL AUTHORITY.

The persons executing this Contract on behalf of Contractor represent and warrant that they are duly
authorized and empowered to execute this Contract, that Contractor has taken all action necessary to
approve this Contract, and that this Contract is a lawful and binding obligation of Contractor.

SECTION 31. SEVERABILITY OF PROVISIONS.

If any provision of this Contract, or its application to any person or set of circumstances is held to be
unconstitutional, invalid, or unenforceable, that holding shall only affect the words, phrases, clauses, or
provisions so held, and such holding shall not affect the remaining portions of this Contract, this being
the intent of the Parties in entering into this transaction; and all provisions of this agreement are declared
to be severable for this purpose.

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Finance Committee - Agenda - 5/18/2022 - P128

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