Lease Agreement- City of Brea - Laserfiche WebLink

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ARTICLE X MISCELLANEOUS Section 10.1.Notices. All written notices to be given under this Lease Agreement shall be given by first class mail or personal delivery to the party entitled thereto at its address set forth below, or at such address as the party may provide to the other party in writing from time to time. Notice shall be effective either (a) upon transmission by facsimile transmission or other form of telecommunication, confirmed by telephone, (b) 48 hours after deposit in the United States mail, postage prepaid, or (c) in the case of personal delivery to any person, upon actual receipt. The Authority, the City or the Trustee may,by written notice to the other parties, from time to time modify the address or number to which communications are to be given hereunder. If to the Authority: Countywide Public Financing Authority 20 Civic Center Plaza Santa Ana,CA 92701 Attn: Treasurer If to the City: City of Brea Number One Civic Center Circle, 3rd Floor Brea,CA 92621-5758 Attn: Financial Services Director If to the Trustee: U.S. Trust Company of California,N.A. 515 South Flower Street,Suite 2700 Los Angeles,CA 90071 Attn:Corporate Trust Department If to the Municipal Bond Insurer: MBIA Insurance Corporation 113 King Street Armonk, NY 10504 Attention:Insured Portfolio Management The Authority, the City, the Trustee and the Municipal Bond Insurer, by notice given hereunder, may designate different addresses to which subsequent notices, certificates or other communications will be sent. Section 10.2. Notices to be Given to the Municipal Bond Insurer. While the Municipal Bond Insurance Policy is in effect, the City shall furnish, or cause to be furnished, to the Municipal Bond Insurer such information it may reasonably request. The City will permit the Municipal Bond Insurer to discuss the affairs, finances and - - accounts of the City or any information the Municipal Bond Insurer may reasonably request regarding the security for the Bonds with appropriate officers of the City. The City will permit the Municipal Bond Insurer to have access to the Leased Premises at any reasonable time upon reasonable notice. Section 10.3. Binding Effect. This Lease Agreement shall inure to the benefit of and shall be binding upon the Authority and the City and their respective successors and assigns. Section 10.4. Severability. In the event any provision of this Lease Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. -23-