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C.J. SEGERSTORM & SONS AND 7 LEAVES HOLDING, INC.
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C.J. SEGERSTORM & SONS AND 7 LEAVES HOLDING, INC.
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Last modified
1/29/2024 12:35:33 PM
Creation date
10/19/2023 1:46:45 PM
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Contracts
Company Name
C.J. SEGERSTORM & SONS AND 7 LEAVES HOLDING, INC.
Contract #
N-2023-273
Agency
Planning & Building
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SECTION 4. TERMINATION of AGREEMENT. This Agreement shall terminate and <br />be of no further force or effect upon the earlier to occur of (a) execution of a written termination of <br />this Agreement by Owner and City or their respective successors or (b) six (6) months after the <br />date upon which drive -through window service for an eating establishment on the Property ceases <br />to exist. <br />SECTION 5. LEGAL ADVICE. Each Party represents and warrants to the other the <br />following: they have carefully read this Agreement, and in signing this Agreement, they do so with <br />full knowledge of any right which they may have; they have received independent legal advice <br />from their respective legal counsel as to the matters set forth in this Agreement, or having <br />knowingly chosen not to consult legal counsel as to the matters set forth in this Agreement; and <br />they have freely signed this Agreement without any reliance upon any agreement, promise, <br />statement, or representation by or on behalf of the other Party, or in their respective agents, <br />employees or attorneys, except as specifically set forth in this Agreement, and without duress or <br />coercion, whether economic or otherwise. <br />SECTION 6. REPRESENTATION AND WARRANTIES. <br />Owner and Applicant each for itself represents and warrants for the benefit and reliance for <br />the City as follows: <br />A. Said Party validly exists under the laws of the State of California and is authorized to <br />conduct business in California and is authorized to carry on its business being conducted as <br />contemplated in this Agreement; <br />B. Said Party has the power and authority to enter into this Agreement; <br />C. To the actual knowledge of the person executing this Agreement on behalf of said <br />Party, this Agreement shall be a legal, valid and binding obligation of said Party, enforceable <br />against said Party and its successors and assigns in interest in the Property, and each portion <br />thereof, in accordance with its terms, subject to bankruptcy and other equitable principles. <br />SECTION 7. COVENANT OF OWNER. Owner declares that the Project and the <br />Property shall be held, conveyed, ]eased, used, and improved subject to the provisions of this <br />Agreement and this Agreement is expressly declared to be for the benefit of the Project and the <br />Property and the abutting public rights -of -way. The Property maintenance covenants of Owner in <br />favor of the City which arises under this Agreement shall run with and burden the Property and <br />shall be binding upon all persons having or acquiring any right or title in the Property, including <br />any leasehold interest, or any part thereof, and the successors and assigns of each of them, <br />including Applicant. <br />SECTION 8. TIME OF THE ESSENCE; TERM OF AGREEMENT. Time is expressly <br />made of the essence with respect to the performance by City and Owner and Applicant of each and <br />every obligation and condition of this Agreement. <br />SECTION 9. ATTORNEY'S FEES. In addition to any other remedies provided herein <br />or available under applicable laws, if any Party to this Agreement commences an action against <br />7 <br />
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