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<br />another party shall not be construed to be a consent to any other subsequent act or omission or to <br />waive the requirement for consent to be obtained in any future or other instance. <br />11.14 Signatures/Counterparts. This Agreement may be executed in two <br />or more counterparts, each of which shall be deemed an original, but all of which together shall <br />constitute one and the same instrument. Any one of such completely executed counterparts shall <br />be sufficient proof of this Agreement. <br />11.15 Date and Delivery of Agreement. Notwithstanding anything to the <br />contrary contained in this Agreement, the parties intend that this Agreement shall be deemed <br />effective, and delivered for all purposes under this Agreement, and for the calculation of any <br />statutory time periods based on the date an agreement between parties is effective, executed, or <br />delivered, as of the Effective Date. <br />11.16 Representation on Authority of Parties. Each person signing this <br />Agreement represents and warrants that he or she is duly authorized and has legal capacity to <br />execute and deliver this Agreement. Each party represents and warrants to the other that the <br />execution and delivery of the Agreement and the performance of such party’s obligations <br />hereunder have been duly authorized and that the Agreement is a valid and legal agreement <br />binding on such party and enforceable in accordance with its terms. <br />11.17 Confidentiality. The Parties hereto shall not disclose any of the <br />terms of this Agreement (except to the extent as may be required by law or as required by the <br />Title Company or to the officers, directors, partners and employees of the Parties hereto in the <br />ordinary course of business) without the prior written consent of the other party. The Parties <br />shall request that the documentary transfers taxes be affixed to the Deed after recordation of the <br />Deed as provided in Section 11932 of the California Revenue and Taxation Code. <br />SIGNATURES ON FOLLOWING PAGE <br /> - 11 -