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<br />16.13 Governing Laws; Venue. This Agreement shall be deemed to have been made in, and be <br />construed in accordance with, the laws of the State of California. In the event suit is brought by <br />either party hereunder, the parties agree that trial of such action shall be vested in the state courts <br />of California in the County of Alameda or in the United States District Court in the Northern <br />District of California. <br /> <br />16.14 Exhibits. All exhibits and addenda referred to herein, and any exhibits or schedules <br />which may from time to time be referred to in any duly executed amendment thereto, are by such <br />reference incorporated herein and shall be deemed a part of this Agreement as if set forth fully <br />herein. <br /> <br />16.15 Severability. In the event any covenant, condition or provision herein contained is held <br />to be invalid by a court of competent jurisdiction, the invalidity of any such covenant, condition, <br />or provision shall in no way affect any other covenant, condition or provision herein contained, <br />provided the invalidity of any such covenant, condition or provision does not materially <br />prejudice either SELLER or AGENCY in their respective rights and obligations contained in the <br />valid covenants, conditions or provisions of this Agreement. <br /> <br />16.16 Assignment. AGENCY shall not be permitted to assign this Agreement to another party <br />without the prior written consent of SELLER, in its sole discretion. If SELLER consents to an <br />assignment, AGENCY however shall remain responsible for full performance of this Agreement <br />in the event that AGENCY's assignee defaults on its obligations hereunder. <br /> <br />16.17 Presumptions. This Agreement shall be interpreted and construed only by the contents <br />hereof and there shall be no presumption or standard of construction in favor of or against either <br />party. <br /> <br />16.18 Days. Days, unless otherwise specified, shall mean calendar days. <br /> <br />16.19 No Third Party Beneficiaries. This Agreement is for the benefit of AGENCY and <br />SELLER only, and no third party beneficiaries are intended or created hereby. <br /> <br />16.20 Confidentiality and Return of Documents. Subject to Section 16.7 above, AGENCY and <br />SELLER shall each maintain as confidential this Agreement and any and all documents and <br />information obtained about the other or, in the case of AGENCY, about the Property and prior to <br />AGENCY's purchase of the Property shall not disclose such information to any third party, <br />except to Agency's Representatives and except to the extent required by law, statute, regulation <br />or court order or other legal requirement. The foregoing obligations shall not apply to <br />information or materials which is or otherwise becomes available to the public. In the event the <br />transaction contemplated hereunder is not consummated, AGENCY shall return all originals <br />and/or copies of Seller's Documents in its possession or in the possession of Agency's <br />Representatives. This Section 16.20 shall survive the termination of this Agreement. <br /> <br />16.21 Attorneys' Fees. In the event any dispute between AGENCY and SELLER should result <br />in arbitration or litigation, the prevailing party, if any, as determined by the court or arbitrator, <br />shall be reimbursed for all reasonable costs incurred in connection with such litigation, <br /> <br />19 <br />