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25A - AGMT PROPRETY EXCHANGE
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25A - AGMT PROPRETY EXCHANGE
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Last modified
11/29/2018 7:41:52 PM
Creation date
11/29/2018 7:37:47 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25A
Date
12/4/2018
Destruction Year
2023
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Notice of change of address shall be given by written notice in the manner set forth in this <br />subsection. <br />9.2 Time is of the Essence. Time is of the essence with respect to each and every provision <br />hereof. <br />9.3 Waivers. The waiver by either Panty of any breach of any covenant or agreement herein <br />contained on the part of the other Party shall not be deemed or held to be a waiver of any <br />subsequent or other breach of said covenant or agreement nor a waiver of any breach of any <br />other covenants or agreements contained herein. <br />9.4 Assigmnent. Neither this Agreement, not any interest herein, shall be assignable by any <br />Party without prior written consent of the other, non -assigning Party hereto. <br />9.5 Inurement. Subject to the restrictions against assignment as herein contained, this <br />Agreement, and all the terms, covenants, and conditions hereof, shall inure to the benefit of <br />and shall be binding upon, the assigns, successors in interest, personal representatives, <br />estates, heirs and legatees of the respective parties hereto. <br />9.6 Governing Law. All questions with respect to this Agreement, and rights and liabilities of <br />the Parties hereto, shall be governed by the laws of the State of California. Venue shall be <br />in the County of Orange. <br />9.7 Attorney Fees. In the event of any controversy, claim or dispute between the Parties hereto, <br />arising out of or relating to this Agreement or the breach thereof, the prevailing party shall <br />be entitled to recover from the other party reasonable expenses, attorney fees and costs. <br />9.8 Entire Agreement. The Agreement contains the entire agreement of the Parties hereto, and <br />supersedes any prior written or oral agreements between them concerning the subject matter <br />contained herein. There are no representations, agreements, arrangements, or <br />understandings, oral or written, between the.Pgrties hereto, relating to the subject matter <br />contained in this Agreement which are not fully expressed herein. <br />9.9 Additional Documents, All Parties hereto agree to execute any and all additional documents <br />and instruments necessary to carry out the terms of this Agreement. <br />9.10 No Merger. All warranties, representations, acknowledgements, releases, covenants and <br />obligations contained in this Agreement shall survive delivery and recordation of the grant <br />deeds. <br />9.11 Contingenc, . It is understood and agreed between the Parties hereto that the completion of <br />this transaction, and the escrow created hereby, is contingent upon the specific acceptance <br />and approval of the City herein. The execution of these documents and the delivery of same <br />to Escrow Agent constitute said acceptance and approval. <br />9.12 Modification and Amendment. This Agreement may not be modified or amended except in <br />writing signed by the Patties. <br />9.13 Partial Invalidity. Any provision of this Agreement that is unenforceable or invalid or the <br />conclusion of which would adversely affect the validity, legality, or enforcement of this <br />Page 8 of 15 <br />25A-12 <br />
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