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Inst 2012080052
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Inst 2012080052
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4/12/2012 12:57:59 PM
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4/12/2012 12:57:59 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
2/1/2012
Recorded Document Type
Regulatory Agreement
Declaration of Restrictions
Retention
PERM
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• <br /> to the other such other documents and instruments, and take such other actions, as <br /> either shall reasonably request as may be necessary to carry out the intent of this <br /> Agreement. <br /> 11.5 Parties Not Co- Venturers. Nothing in this Agreement is intended to or <br /> shall establish the Parties as partners, co- venturers, or principal and agent with one <br /> another. <br /> 11.6 Action by the City. Except as may be otherwise specifically provided <br /> herein, whenever any approval, notice, direction, consent or request by the City is <br /> required or permitted under this Agreement, such action shall be in writing, and such <br /> action may be given, made or taken by the City Executive Director or by any person <br /> who shall have been designated by the City Executive Director, without further approval <br /> by the governing board of the City. <br /> 11.7 Non - Liability of City Officials, Employees and Agents. No member, <br /> official, employee or agent of the City or the City shall be personally liable to Owner or <br /> any successor in interest, in the event of any default or breach by the City, or for any <br /> amount of money which may become due to Owner or its successor or for any <br /> obligation of City under this Agreement. <br /> 11.8 Headings; Construction. The headings of the sections and paragraphs of <br /> this Agreement are for convenience only and shall not be used to interpret this <br /> Agreement. The language of this Agreement shall be construed as a whole according <br /> to its fair meaning and not strictly for or against any Party. <br /> 11.9 Time is of the Essence. Time is of the essence in the performance of this <br /> Agreement. <br /> 11.10 Governing Law. This Agreement shall be construed in accordance with <br /> the laws of the State of California without regard to principles of conflicts of law. <br /> 11.11 Attorneys' Fees and Costs. If any legal or administrative action is <br /> brought to interpret or enforce the terms of this Agreement, the prevailing party shall be <br /> entitled to recover all reasonable attorneys' fees and costs incurred in such action. <br /> 11.12' Severability. If any provision of this Agreement is held invalid, illegal, or <br /> unenforceable by a court of competent jurisdiction, the validity, legality, and <br /> enforceability of the remaining provisions shall not be affected or impaired thereby. <br /> 11.13 Entire Agreement; Exhibits. This Agreement, together with the Loan <br /> Agreement, the Note, the Deed of Trust and the other City Documents contains the <br /> entire agreement of Parties with respect to the subject matter hereof, and supersedes <br /> all prior oral or written agreements between the Parties with respect thereto. Exhibits A <br /> and B, attached hereto are incorporated herein by this reference. <br /> 11.14 Counterparts. This Agreement may be executed in multiple counterparts, <br /> 1753724.4 19 <br />
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