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this Agreement. Agency knows of no facts, nor has Agency failed to disclose any fact, <br />which would prevent Developer from using and operating the Property after Closing <br />in the manner in which it is intended to be operated by Developer. <br />3.18 Time is of the Essence. <br />In all matters under this Agreement, the Parties agree that time is of the <br />essence. <br />3.19 Complete Understanding of the Parties. <br />This Agreement consists of the text of the Agreement and the attached <br />Exhibits and constitutes the entire understanding and agreement of the Parties. <br />3.20 Good Faith. <br />The Parties recognize that it is impractical in this Agreement to provide for <br />every contingency which may arise during the life of the Agreement, and the Parties <br />hereby agree that it is their intention that this Agreement shall operate fairly between <br />them and without detriment to the interests of either of them, and that, if during the <br />term of this Agreement either Party believes that this Agreement is operating unfairly, <br />the Parties will use their best efforts to agree on such action as may be necessary to <br />remove the cause or causes of such unfairness. <br />WHEREFORE, the Parties have executed this Agreement in triplicate on or as <br />of the date first above written. <br />REDEVELOPMENT AGENCY OF THE <br />CITY OF SAN LEANDRO <br />_-.- <br />By:— ' - <br />Jermanis <br />Executive Director <br />Disposition and Development Page 29 of 30 <br />Agreement - Vanuatu Properties Draft December 4, 1997 <br />