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Item 09 - First Amendment to THRIVE DDA & Consent to Assignment of Leases & Rents Authorization
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Item 09 - First Amendment to THRIVE DDA & Consent to Assignment of Leases & Rents Authorization
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
9
Date
6/7/2022
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<br />3 <br />5.1 Counterparts. This Consent may be executed in two or more <br />counterparts, each of which shall be deemed an original but all of which together <br />shall constitute and be construed as one and the same instrument. <br /> <br />5.2 Remedies Cumulative; Joint and Several. All remedies which <br />Lender may have against Lessee provided herein, if any, are cumulative and shall <br />be in addition to any and all other rights and remedies provided by law and by other <br />agreements between Lessor and Lessee or others. <br /> <br />5.3 Successor and Assigns. This Consent binds and inures to the <br />benefit of the parties and their respective successors, assigns, heirs, <br />administrators, executors, agents and representatives, including, but not limited to, <br />a purchaser of the Property at a foreclosure sale or otherwise. <br /> <br />IN WITNESS WHEREOF, the parties have executed this Consent to <br />Assignment of Leases and Rents as of the date first above written. <br /> <br /> <br />LESSOR: <br /> <br />CITY OF SANTA ANA, <br />CALIFORNIA <br /> <br /> <br />BY: <br />Name: <br />Title: <br />LESSEE: <br /> <br />THRIVE, Santa Ana, a California <br />nonprofit corporation <br /> <br /> <br />By: <br />Name: <br />Title: <br /> <br />
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