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of Contractor used in connection with or which is the subject of this contract, or the <br /> appointment of a receiver or trustee for all or substantially all of Contractor's assets; <br /> or <br /> 15.3 Contractor's failure to maintain any license, permit, certification, bond or other <br /> authorization required by Federal, State or local law or regulations for performance <br /> of the Services or any portion thereof. <br /> 16. Termination. Notwithstanding any other provision to the contrary, this contract may be <br /> terminated as follows: <br /> 16.1 By mutual written agreement of the parties at any time; <br /> 16.2 Upon written notice from City to Contractor of the occurrence of an event of default; <br /> or <br /> 16.3 By written notice from City to Contractor at any time or for any reason, upon not less <br /> than 30 days' notice in advance of the termination date. <br /> Notice under paragraph 16.2 may be given at the same time as the notice under <br /> paragraph 15.1, with termination contingent upon Contractor's failure to perform within the <br /> time specified in paragraph 15.1. Except as provided in paragraph 17 below, in the event <br /> of a termination, City shall pay Contractor for the Services performed to the date of <br /> _ <br /> ...termination. Any claim for relief City may have as a .result of a default by Contractor shall - <br /> survive termination of this contract. <br /> - <br /> 17Obligations on Termination. Upon termination of this contract for any reason, <br /> Contractor shall promptly and peaceably remove itself, its officers, its employees andall its <br /> <br /> _ _ personal property from-the-location-of performance of the Services.- Contractor-shall-leave <br /> City's property and equipment in good condition and repair and in good working order, <br /> reasonable wear and tear excepted. If Contractor fails to remove its property, City may, at <br /> .Contractor's sole expense, remove the same to a public warehouse for storage or retain <br /> the same in its own possession. If such property is not claimed by Contractor within 10 <br /> days after the termination date, City may sell the same at public auction, the proceeds to <br /> be applied first to the expenses of removal, storage and sale, then to any sums owed by <br /> Contractor to City, with any balance remaining to be paid to Contractor. If the expenses of <br /> removal, storage and sale exceed the proceeds of sale, Contractor shall promptly pay <br /> such excess to City upon demand. <br /> 18. City's Right to Act. If Contractor fails to perform any obligation under this contract, City <br /> shall have the right but not the obligation to take the action that Contractor failed to take, <br /> or to engage an independent party to take such action, after giving at least five days' <br /> notice to Contractor. in advance of taking such action, except in the event of an <br /> emergency, as determined by City, in which case no advance notice shall be required. If <br /> City takes such action, Contractor shall promptly pay to City, upon demand, the sum or <br /> sums expended or incurred by City and the value of the service performed by City. Any <br /> action taken by City under. these provisions shall not constitute a waiver by City of <br /> Contractor's default. <br /> Non-Facility Trade Service Contract-Page 5 <br /> (Revised December 1997) <br /> <br />