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DRAFT <br />FORM ASSIGNMENT AND ASS UMPTION AGREEMENT <br />3. Assignment. Assignor hereby assigns and transfers to Assignee, the title, <br />interest, rights, and obligations under the Development Agreement with respect to the <br />Assigned Parcel(s). Assignor retains all obligations under the Development Agreement <br />with respect to all other portions of the Project Site that do not include the Assigned <br />Parcel(s). Assignor warrants and represents that Assignor has full right and authority to <br />make this Assignment and vest in Assignee the rights, interests, powers and benefits <br />hereby assigned. <br />4. Assumption. Assignee herby assumes all of the title, interest, rights, and <br />obligations under the Development Agreement with respect to the Assigned Parcel(s), <br />and agrees to observe and fully perform all of the duties and obligations of Assignor <br />under the Development Agreement, and to be subject to the terms and conditions thereof, <br />with respect to the Assigned Parcel(s), it being the express intention of both Assignor and <br />Assignee that, upon execution of this Assignment and Assumption Agreement and <br />conveyance of the Assigned Parcels to the Assignee, Assignee shall become substituted <br />for Assignor as "Developer" and "Party" under the Development Agreement with respect <br />to the Assigned Parcel(s) and the Assignor shall be unconditionally and irrevocably <br />released therefrom from and after the date hereof. <br />5. Closing of Purchase Agreement. This Assignment and Assumption <br />Agreement is expressly conditioned upon the closing of the transaction contemplated in <br />the Purchase Agreement. <br />6. Term of Development Agreement Not Affected. The provisions of the <br />Development Agreement shall remain in full force and effect and shall not be modified <br />by this Assignment. <br />7. Entire A~?xeement; Modifications. This Assignment is the entire agreement <br />between Assignor and Assignee concerning assignment of the Assigned Parcel(s). This <br />Assignment may be amended, terminated or otherwise modified in any respect only by a <br />writing duly executed on behalf of Assignor and Assignee, and approved by the City. <br />8. Attorneys' Fees. In the event of any controversy, claim, dispute, or litigation <br />between the parties hereto to enforce or interpret any of the provisions of this Assignment <br />or any right of either party hereto, the non-prevailing parry to such litigation agrees to pay <br />to the prevailing party all costs and expenses, including, without limitation, reasonable <br />attorneys' fees, incurred therein by the prevailing party, including, without limitation, <br />fees incurred during a trial of any action and any fees incurred as a result of an appeal <br />from a judgment entered in such litigation. To so recover, it shall not be necessary that <br />the prevailing party prevail in each and every one of its claims. Rather, the amount of the <br />award of attorneys' fees shall, in the court's discretion, reflect the degree to which the <br />prevailing party or parties have prevailed in some of their claims. The City of San <br />Leandro is not a party to this Assignment. <br />9. Consent of City. By the signature of the City Manager of the City below, the <br />City approves the assignment, assumption and release set forth in this Assignment. <br />Page 2 of 3 <br />1427183.1 Kaiser Medical Center and Retail Project <br />Form Assignemnt and Assumption Ageement <br />