Orange County NC Website
<br /> 5 <br />court proceedings, set-off, or self-help repossession; or (f) anything else happens that causes Company to believe that <br />the prospect of payment or performance is significantly endangered or impaired. <br /> <br />If Customer is in default on this Agreement, Company may: (a) declare unpaid principal, earned interest, and all other <br />agreed charges Customer owes Company under this Agreement immediately due; (b) use the right of set-off; (c) <br />demand security or new parties obligated to pay amounts due under this Agreement (or both) in return for not using any <br />other remedy; and (d) use any remedy Company has under state or federal law. By choosing any one or more of these <br />remedies Company does not give up Company’s right to use another remedy later. By deciding not to use any remedy <br />should Customer be in default, Company does not give up Company’s right to consider the event a default if it happens <br />again. <br /> <br />The Company will agree to engage in best efforts to avoid any work stoppage prior to substantial completion, but the <br />Company cannot guarantee work stoppage will not occur as a result of a) a court order or order from another public <br />authority with jurisdiction requiring all work to be stopped; b) an Act of God or Force Majeure; or c) non-payment by <br />Customer. <br /> <br />INSURANCE/LIABILITY: <br />The Company shall maintain and keep in full force the following coverage: <br /> <br />• General liability insurance no less than the amount of $1,000,000.00 <br />• Professional liability insurance no less than the amount of $1,000,000.00 <br />• Workers’ Compensation Insurance <br /> <br />Company agrees to supply copies of the certificates of insurance to the Customer verifying the above-mentioned <br />insurance coverage upon request. It is the responsibility of the Customer to provide all other insurance coverage. <br /> <br />• The company shall not be responsible for any lost or stolen items from the facility including, but not limited to, guest <br />fees, snack bar items, and left behind valuables. <br />• The Company shall not be liable for any damage to the Customer’s pool related to or caused by lifting of the pool as a <br />result of hydrostatic pressure. <br /> <br />The Customer shall maintain and keep in full force and affect the following coverage: <br /> <br />• Premises liability insurance. <br />• Comprehensive general liability insurance in the amount of no less than $1,000,000.00 each accident and <br />$1,000,000.00 each person. <br /> <br />Customer agrees to supply copies of the certificates of insurance to the Company verifying the above-mentioned <br />insurance coverage upon request. It is the responsibility of the Customer to provide all other insurance coverage. <br /> <br />GOVERNING LAW: <br />This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina, as they <br />are applied to contracts made and to be performed in that state, regardless of choice of law principles to the contrary. <br /> <br />DISPUTE RESOLUTION: <br />Any claim arising out of or related to this Agreement that the parties are unable to resolve without the need for legal <br />assistance shall be subject first to mediation as a condition precedent to the institution of legal or equitable proceedings <br />by either party. If a good faith effort at mediation fails to resolve the disputed issue(s), the parties reserve their rights to <br />proceed with a lawsuit or other legal remedies. In the event of legal action to enforce the rights of either party under the <br />terms of this Agreement, the parties agree that the prevailing party in said legal proceeding shall be entitled to receive <br />as additional damages, any and all litigation expenses, including reasonable attorney’s fees. <br /> <br />ACCEPTANCE: <br />Docusign Envelope ID: B4C2662D-2F37-49AF-9B7C-9B5EB7672877