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RDA Agmt 2009 Norcal AL LLC
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RDA Agmt 2009 Norcal AL LLC
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Last modified
10/9/2009 1:30:49 PM
Creation date
10/9/2009 1:30:48 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
5/12/2009
Retention
PERM
Document Relationships
Inst 2009304031
(Reference)
Path:
\City Clerk\City Council\Recorded Documents\2009
RDA Reso 2009-011
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2009
Reso 2009-063
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2009
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Attn: Eric Nelson, Vice President Entitlements <br />Telephone: 714-245-7405 <br />Facsimile: 714-245-7401 <br />with a copy to: Rutan & Tucker, LLP <br />611 Anton Blvd., Suite 14 <br />Costa Mesa, CA 92626 <br />Attention: Jeff Goldfarb <br />Telephone: 714-641-5100 <br />Facsimile: 714-546-9035 <br />24. Litigation Costs; Remedies. If any legal action or any other proceeding, including <br />arbitration or action for declaratory relief, is brought for the enforcement of this Agreement or <br />because of an alleged breach or default in connection with this Agreement, the prevailing Party <br />shall be entitled to recover reasonable attorneys' fees and other costs, in addition to any other <br />relief to which such Party may be entitled. In the event of a default of this Agreement by Seller <br />or Buyer that is not cured as set forth herein, the non-defaulting party shall be entitled to seek an <br />order of specific performance as its sole remedy except as provided in this Section 24.. <br />25. _Waivers; Modification. No waiver of any breach of any covenant or provision of <br />this Agreement shall be deemed a waiver of any other covenant or provision hereof, and no <br />waiver shall be valid unless in writing and executed by the waiving party. An extension of time <br />for performance of any obligation or act shall not be deemed an extension of the time for <br />performance of any other obligation or act, and no extension shall be valid unless in writing and <br />executed by the waiving party. This Agreement may be amended or modified only by a written <br />instrument executed by the Parties. <br />26. Successors. This Agreement shall bind and inure to the benefit of the respective <br />heirs, personal representatives, successors and assignees of the Parties. <br />27. Provisions Not Merged With Deeds. None of the provisions, terms, <br />representations, warranties and covenants of this Agreement are intended to or shall be merged <br />by the Grant Deed, and neither the Grant Deed nor any other document shall affect or impair the <br />provisions, terms, representations, warranties and covenants contained herein. Without limiting <br />the generality of the foregoing, Seller's and Buyer's representations, warranties and covenants <br />contained herein shall survive the close of escrow. <br />28. Construction. The section headings used herein are solely for convenience and shall <br />not be used to interpret this Agreement. The Parties acknowledge that this Agreement is the <br />product of negotiation and compromise on the part of both Parties, and the Parties agree, that <br />since both Parties have participated in the negotiation and drafting of this Agreement, this <br />Agreement shall not be construed as if prepared by one of the Parties, but rather according to its <br />fair meaning as a whole, as if both Parties had prepared it. <br />1225087-5 ~ 2 <br />
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