Agmt 2013 San Leandro Chamber of Commerce

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(a)A sale or sales to an affiliate or a development partner of Chamber provided that they are an affiliate or partner during the development of the Office Parcel; and (b)A transfer or transfers made as part of the financing of the acquisition or development of the Office Parcel; and (c)A transfer or transfers made pursuant to a bona fide deed in lieu of foreclosure made to the secured mortgagee of the Office Parcel or a portion thereof and/or a transfer made pursuant to a sheriff's sale in a mortgage foreclosure or other action. Additionally, it is expressly understood that the transfer of an interest in the Office Parcel in a manner other than by a sale (for example, pursuant to a lease or the grant of a Mortgage) shall not trigger the City's Right of First Offer. Nor shall the subdivision or subjection to a condominium regime of the Office Parcel or any portion thereof trigger the City's Right of First Offer, although the subsequent sale of any subdivided portion or a condominium unit of the Office Parcel shall trigger the City's Right of First Refusal, unless it is an Exempt Sale. 5.No Liability for Obligations Accruing After Ownership. No owner of the Office Parcel or any portion thereof shall have any personal liability or responsibility for any obligation which accrues under this Declaration after the time that such party no longer is the owner of the relevant property. 6.Notice. Any notice given pursuant to this Declaration shall be valid only if given in writing and shall be deemed sufficiently given if given by registered or certified mail with sufficient postage attached, by overnight delivery service or hand delivery. Notices to City shall be sufficient if addressed to, or delivered to a person in charge at: City of San Leandro, do City Clerk, City Hall, 835 East 14th Street, San Leandro, CA 94577 With a copy to: City of San Leandro, do City Attorney, 835 East 14th Street, San Leandro, CA 94577 Notices to Declarant shall be sufficient if addressed to: San Leandro Chamber of Commerce, 120 Estudillo Avenue, San Leandro, CA 94577 Attn: Chief Executive Officer The date of delivery of any notice provided for in this Declaration shall be the date of deposit in the U.S. mails with sufficient postage if given by registered or certified mail and whether or not a return receipt is returned the date of deposit to the overnight delivery service, if so given, or the date of actual delivery to the above address of the party to be notified if hand delivered. The person and place to which notice may be given may be 28