My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
55A - AGMT LEGACY APARTMENTS
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2020
>
12/15/2020
>
55A - AGMT LEGACY APARTMENTS
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/10/2020 5:00:39 PM
Creation date
12/10/2020 4:55:21 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
55A
Date
12/15/2020
Destruction Year
2025
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
139
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
21.7 Governing Law. All of the Loan Documents shall be governed by, and <br />construed and enforced in accordance with, the laws of the State of California and Federal <br />law, whichever is more stringent. Developer irrevocably and unconditionally submits to <br />the jurisdiction of the Superior Court of the State of California for the County of Orange <br />or the United States District Court of the Central District of California, as City may deem <br />appropriate, in connection with any legal action or proceeding arising out of or relating to <br />this Agreement or the Loan Documents. Assuming proper service of process, Developer <br />also waives any objection regarding personal or in rem jurisdiction or venue. <br />21.8 Severability of Provisions. No provision of any Loan Document that is <br />held to be unenforceable or invalid shall affect the remaining provisions, and to this end all <br />provisions of the Loan Documents are hereby declared to be severable. <br />21.9 Headings. Article and section headings are included in the Loan <br />Documents for convenience of reference only and shall not be used in construing the Loan <br />Documents. <br />21.10 Conflicts. In the event of any conflict between the provisions of this <br />Agreement and those of any other Loan Document, this Agreement, unless otherwise <br />expressly provided, shall prevail; provided however that, with respect to any matter <br />addressed in both such documents, the fact that one document provides for greater, lesser <br />or different rights or obligations than the other shall not be deemed a conflict unless the <br />applicable provisions are inconsistent and could not be simultaneously enforced or <br />performed. <br />21.11 Time of the Essence. Time is of the essence under this Agreement and in <br />the performance of every term, covenant, and obligation contained herein. <br />21.12 Conflict of Interest. No member, official or employee of the City shall <br />have any direct or indirect interest in this Agreement, nor participate in any decision <br />relating to the Agreement which is prohibited by law. <br />21.13 Warranty Against Payment of Consideration. Developer warrants that <br />it has not paid or given, and will not pay or give, any third person any money or other <br />consideration for obtaining this Agreement. <br />21.14 [RESERVED] <br />21.15 Plans and Data. Where Developer does not proceed with the work and <br />construction of the Project, and when this Agreement is terminated with respect thereto for <br />any reason, Developer shall deliver to City any and all plans and data concerning the <br />Property, and City or any person or entity designated by City shall have the right to use <br />such plans and data without compensation to Developer. Such right of City shall be subject <br />to any right of the preparer of the plans to their use. <br />21.16 Authority to Enter Agreement. Each undersigned represents and warrants <br />that its signature hereinbelow has the power, authority and right to bind their respective parties <br />55A-55 <br />
The URL can be used to link to this page
Your browser does not support the video tag.