My WebLink
|
Help
|
About
|
Sign Out
Home
Inst 2009238643
CityHall
>
City Clerk
>
City Council
>
Recorded Documents
>
2009
>
Inst 2009238643
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2009 3:00:18 PM
Creation date
8/24/2009 3:00:16 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
6/16/2009
Recorded Document Type
Regulatory Agreement
Retention
PERM
Document Relationships
Agmt 2009 Alameda County Allied Housing Program
(Reference)
Path:
\City Clerk\City Council\Agreements\2009
Inst 2010336107
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2010
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
32
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
9.2 Remedies. If within the applicable cure period, Owner fails to cure a default or fails <br />to commence to cure and diligently pursue completion of a cure, as applicable, or if a cure is not <br />possible, Agency and City may proceed with any of the following remedies: <br />(a) Bring an action for equitable relief seeking the specific performance of the <br />terms and conditions of this Agreement, and/or enjoining, abating, or preventing any violation of <br />such terms and conditions, and/or seeking declaratory relief; <br />(b) Pursuant to the City Documents and the Agency Documents, accelerate <br />and declare the balance of the City Note, the Additional City Note, and the Agency Note, and <br />interest accrued on all of the foregoing immediately due and payable; <br />(c) For violations of obligations with respect to rents for Restricted Units, <br />impose as liquidated damages a charge in an amount equal to the actual amount collected in <br />excess of the Qualifying Rent; <br />(d) Pursue any other remedy allowed at law or in equity. <br />Each of the remedies provided herein is cumulative and not exclusive. The Agency and <br />City may exercise from time to time any rights and remedies available to it under applicable law <br />or in equity, in addition to, and not in lieu of, any rights and remedies expressly provided in this <br />Agreement. <br />10. Indemnification. Notwithstanding the insurance coverage required hereunder, Owner shall <br />defend, indemnify and hold the Agency, City and their respective elected and appointed <br />officials, officers, directors, employees, consultants, contractors and agents (collectively, the <br />"Indemnitees") harmless from and against any and all losses, damages, liabilities, claims, <br />demands, judgments, actions, court costs, and legal or other expenses (including without limitation, <br />reasonable attorneys' fees) which arise as a result of or in connection with: (i) Owner's failure to <br />perform any obligation as and when required by this Agreement; (ii) any failure of Owner's <br />representations or warranties to be true and complete in all material respects when made; or (iii) <br />any act or omission by Owner, or any of Owner's contractors, subcontractors, agents, employees, <br />licensees or suppliers with respect to the Project or the Property, except to the extent that such <br />losses are caused by the gross negligence or willful misconduct of one or more Indemnitees. <br />Owner shall pay immediately upon demand any amounts owing under the indemnity provided <br />under this Section. The duty of Owner to indemnify includes the duty to defend the Indemnitees <br />in any court action, administrative action, or other proceeding brought by any third party arising <br />in connection with the Project or the Property with counsel reasonably approved by Agency and <br />City. Owner's duty to indemnify the Indemnitees shall survive the expiration or earlier <br />termination of this Agreement. <br />11. Miscellaneous. <br />11.1 Amendments. This Agreement may be amended or modified only by a written <br />instrument signed by the Parties. <br />AMENDED AND RESTATED REGULATORY AGREEMENT 16 <br />MISSION BELL APARTMENTS <br />1227466-8 <br />
The URL can be used to link to this page
Your browser does not support the video tag.