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Safety National Casualty Corporation 4/25/2020
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Safety National Casualty Corporation 4/25/2020
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Last modified
3/10/2021 12:04:49 PM
Creation date
3/10/2021 12:04:06 PM
Metadata
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Contracts
Contractor's Name
Safety National Casualty Corporation
Approval Date
4/25/2020
Council Approval Date
4/15/2020
Department
Legal
Department Project Manager
Tim Benedict
Subject / Project Title
Settlement and Site Release GTS Parcel
Tracking Number
0002818
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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this Agreement and no further corporate or other internal approval is necessary. <br /> C. To the extent applicable, each Party represents and warrants that the making and <br /> performance of this Agreement will not violate any provision of law or of that Party's respective <br /> articles of incorporation, charter or by-laws. <br /> D. Each Party represents and warrants that this Agreement has been negotiated in <br /> good faith and is the product of arms' length negotiations and informed negotiations between the <br /> Parties (including their representatives and counsel) and involves compromises of previously- <br /> stated legal positions. <br /> E. The City of Everett represents and warrants that it will not tender any further <br /> Claims under the Policies regarding Environmental Contamination at or emanating from the GTS <br /> Site. <br /> IX. THE CITY OF EVERETT'S REPRESENTATIONS AND WARRANTIES RE: <br /> USE OF SETTLEMENT PAYMENTS AND MEDICARE <br /> The City of Everett represents and warrants that it is not aware of any past or present <br /> Claims for bodily injury arising out of or relating to the GTS Site. The City of Everett further <br /> represents and warrants that it is not using and will not use any portion of Safety National's <br /> payment received under Section III of this Agreement to pay any past, present or future Claims <br /> for bodily injury that could potentially trigger any obligations as required by 42 USC §1395y(b) <br /> and the rules and regulations promulgated thereunder (including, without limitation, 42 CFR <br /> §§411 et seq.) (collectively, the "Medicare Secondary Payor Statutes"). The City of Everett <br /> acknowledges and agrees that, if and to the extent that the foregoing representations and <br /> warranties are breached at any time, such breach irrebuttably will be deemed to be a material <br /> breach of this Agreement. If the Safety National Releasees, or any one of them, seek remedies <br /> under this Agreement for such a material breach of this Agreement or arising out of the City of <br /> Settlement Agreement and Site Release <br /> Page—11 <br /> 2625918/1470.0003 <br />
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