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April 15, 2010 -Final <br />amended or modified by mutual consent of the parties; provided, however, if <br />any provision of this Agreement is determined to be invalid or unenforceable <br />and the effect thereof is to deprive a Party hereto of an essential benefit of its <br />bargain hereunder, then such Party so deprived shall have the option to <br />Terminate this entire Agreement from and after such determination.. <br />Section 12.09. Other NecessM Acts. Each party shall execute and deliver to the <br />other all such other further instruments and documents as may be reasonably <br />necessary to carry out the Project Approvals, Subsequent Approvals and this <br />Agreement and to provide and secure to the other party the full and complete <br />enjoyment of its rights and privileges hereunder. <br />Section 12.10. Construction. Each reference in this Agreement to this Agreement or <br />any of the Project Approvals or Subsequent Approvals shall be deemed to refer <br />to the Agreement, Project Approval or Subsequent Approval as it may be <br />amended from time to time, whether or not the particular reference refers to <br />such possible amendment. This Agreement has been reviewed and revised by <br />legal counsel for both City and Developer, and no presumption or rule that <br />ambiguities shall be construed against the drafting party shall apply to the <br />interpretation or enforcement of this Agreement. <br />Section 12.11. Other Miscellaneous Terms. The singular shall include the plural; the <br />masculine gender shall include the feminine; "shall" is mandatory; "may" is <br />permissive. If there is more than one signer of this Agreement, the signer <br />obligations are joint and several. <br />Section 12.12. Covenants Running with the Land. All of the provisions contained in <br />this Agreement shall be binding upon the parties and their respective heirs, <br />successors and assigns, representatives, lessees, and all other persons acquiring <br />all or a portion of the Project Site, or any interest therein, whether by operation <br />of law or in any manner whatsoever. All of the provisions contained in this <br />Agreement shall be enforceable as equitable servitudes and shall constitute <br />covenants running with the land pursuant to California law including, without <br />limitation, Civil Code Section 1468. Each covenant herein to act or refrain from <br />acting is for the benefit of or a burden upon the Project, as appropriate, runs <br />with the Project Site and is binding upon the owner of all or a portion of the <br />Project Site and each successive owner during its ownership of such property. <br />Section 12.13. Notices. Any notice or communication required hereunder between <br />City or Developer must be in writing, and may be given either personally, by <br />telefacsimile (with original forwarded by regular U.S. Mail) by registered or <br />certified mail (return receipt requested), or by Federal or other similar courier <br />promising overnight delivery. If personally delivered, a notice shall be deemed <br />to have been given when delivered to the party to whom it is addressed. If given <br />by facsimile transmission, a notice or communication shall be deemed to have <br />been given and received upon actual physical receipt of the entire document by <br />the receiving party's facsimile machine. Notices transmitted by facsimile after <br />1410321.1 33 <br />