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6. Compliance; Parcel Maintenance and Operation. From the Effective Date, Optionor <br />agrees to act in respect of the Parcel in the following manner: <br />6.1. Optionor agrees that it will not enter into any leases, licenses or other occupancy <br />permits for the Parcel without the prior written consent of Optionee in each instance, which <br />consent shall not be unreasonable withheld, conditioned or delayed. <br />6.2. Optionor will timely perform its obligations under any service contracts affecting <br />the Parcel in accordance with the terms and conditions contained therein. Optionor agrees that it <br />will not enter into amend or terminate any service contracts affecting the Parcel without the prior <br />written consent of Optionee in each instance, which consent shall not be unreasonable withheld, <br />conditioned or delayed. <br />6.3. Optionor will not enter into any contract or agreement that will be an obligation <br />affecting the Parcel except for contracts entered into in the ordinary course of business that are <br />terminable without cause and without payment of a fee or penalty on not more than thirty (30) <br />days' notice. <br />6.4. Optionor will continue to operate and maintain the Parcel in accordance with past <br />practices and, will not make any material alterations or changes thereto. Optionor will not <br />remove any Tangible Personal Property except as may be required for necessary repair or <br />replacement, and replacement shall be of approximately equal quality and quantity as the <br />removed item of Tangible Personal Property. <br />6.5. Optionor shall not do anything, nor authorize anything to be done, which would <br />adversely affect the condition of title of the Parcel. <br />7. Optionor's Representations and Warranties. Optionor hereby represents and warrants to <br />Optionee that, as of the Effective Date: <br />7.1. Optionor is a municipal corporation incorporated within and existing pursuant to <br />the laws of the State of California. <br />7.2. Optionor has (or will have prior to the date by which a particular step is required <br />to be taken or performance of a particular obligation is required to be commenced pursuant to <br />this Agreement) all requisite power and authority required to enter into this Agreement and the <br />instruments referenced in this Agreement, to consummate the transaction contemplated hereby <br />and to take any steps contemplated thereby or hereby, and to perform its obligations hereunder <br />and thereunder. <br />7.3. Optionor has obtained (or will have obtained prior to the date by which a <br />particular step is required to be taken or performance of a particular obligation is required to be <br />commenced pursuant to this Agreement) all required consents in connection with entering into <br />this Agreement and the instruments and documents referenced in this Agreement to which <br />Optionor is or shall be a party and the consummation of the transactions contemplated hereby. <br />7.4. The individual executing this Agreement and the individual that will execute the <br />instruments referenced in this Agreement on behalf of Optionor have, or will have upon <br />execution thereof, the legal power, right and actual authority to bind Optionor to the terms and <br />conditions hereof and thereof. <br />7.5. This Agreement is duly authorized, executed and delivered by Optionor and all <br />documents required in this Agreement to be executed by Optionor pursuant to this Agreement <br />