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GILDRED DEVELOPMENT COMPANY CORPORATION DBA WARNER FAIRVIEW BUSINESS PARK
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8/17/2021 3:00:14 PM
Creation date
8/17/2021 2:59:43 PM
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Contracts
Company Name
GILDRED DEVELOPMENT COMPANY CORPORATION DBA WARNER FAIRVIEW BUSINESS PARK
Contract #
N-2021-161
Agency
City Attorney's Office
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(0 By signing this Agreement, each Party represents and warrants that such Party has <br />carefully read this Agreement, that the contents hereof are known and understood by such Party, <br />and that this Agreement is signed freely by such Party. <br />(g) Each Party executing this Agreement in a representative capacity represents and <br />warrants that it is empowered to do so. <br />7. No Admission. This Agreement is executed pursuant to a compromise and <br />settlement entered into by each of the Parties hereto without any admission of liability to each <br />other, but solely for the purpose of avoiding costly litigation on disputed claims and avoiding <br />further uncertainty, controversy, and legal expense. Without limiting the foregoing, neither the <br />settlement of the dispute nor any consideration provided by any Party, nor anything contained in <br />this Agreement, shall be taken or construed to be an inference or admission by any of the Parties <br />or as evidencing or indicating in any degree the truth or correctness of any claims or defenses <br />asserted in the Action. <br />8. Choice of Law/Venue. This Agreement shall be governed by and construed under <br />the laws of the State of California. If any provision of this Agreement is invalid or contravenes <br />California law, such provision shall be deemed not to be a part of this Agreement and shall not <br />affect the validity or enforceability of the remaining provisions. Nothing contained herein shall <br />be construed so as to require the commission of any acts contrary to law, and wherever there is a <br />conflict between any provisions of this Agreement and any present or future statute, law, <br />ordinance, or regulation, the former shall be curtailed and limited only to the extent necessary to <br />make it comply with such statute, law, ordinance, or regulation. Any action arising out of this <br />Agreement, or the matters addressed herein, shall be brought within the Superior Court for the <br />State of California, County of Orange. <br />9. Integrated Agreement. This Agreement and the Exhibits attached hereto <br />constitute a single integrated written contract expressing the entire agreement of the Parties. <br />There are no other agreements, written or oral, express or implied, between the Parties, and/or <br />their successors and assigns, with respect to the matters released herein, except the Agreement <br />set forth herein. Each Party to this Agreement has substantial experience with the subject matter <br />of this Agreement and each has fully participated in the negotiation and drafting of this <br />Agreement and has been advised by counsel of its choice with respect to the subject matter <br />hereof. Accordingly, this Agreement shall be construed without regard to the rule that <br />ambiguities in a document are to be construed against the drafter. <br />10. Section Headings. The section headings contained in this Agreement are for <br />convenience only and shall in no way enlarge or limit the scope or meaning of the various and <br />several sections hereof. <br />11. Counterpart Execution. This Agreement may be executed in multiple <br />counterparts, each of which shall be deemed to be an original and all of which together shall <br />constitute one document. <br />Page 4 of 6 <br />
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