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BRISTOL CENTER PROPERTIES, LLC
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Entry Properties
Last modified
11/18/2024 2:40:59 PM
Creation date
11/18/2024 2:40:27 PM
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Contracts
Company Name
BRISTOL CENTER PROPERTIES, LLC
Contract #
A-2024-166
Agency
Public Works
Council Approval Date
10/15/2024
Notes
PERM
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take any action or receive or make any payment or credit arising from or related to any services <br /> provided or costs incurred in connection with the Property prior to the Close of Escrow,including, <br /> but not limited to,any matters relating to cost reports,collections,audits,hearings,or legal action <br /> arising therefrom. <br /> 9.3 Further Instruments. Each Party will, whenever and as often as it shall be <br /> reasonably requested to do so by the other, cause to be executed,acknowledged or delivered any <br /> and all such further instruments and documents as may be necessary or proper, in the reasonable <br /> opinion of the requesting Party,in order to carry out the intent and purpose of this Agreement. <br /> 9.4 Calculation of Time Periods; Business Day; Time of Essence. Unless <br /> otherwise specified, in computing any period of time described herein,the day of the act or event <br /> after which the designated period of time begins to run is not to be included and the last day of the <br /> period so computed is to be included,unless such last day is not a Business Day,in which event <br /> the period shall run until the end of the next day which is a Business Day. The last day of any <br /> period of time described herein shall be deemed to end at 5:00 p.m.local time in the state in which <br /> the Property is located. As used herein, the term "Business Day" means any day excluding <br /> Saturdays,Sundays and State and National holidays and any day the City is closed. Subject to the <br /> foregoing provisions,time is of the essence of this Agreement. <br /> 9.5 Entire Agreement; Amendments. This Agreement (including the <br /> documents delivered pursuant to this Agreement), constitutes the entire agreement of the Parties <br /> pertaining to the subject matter of this Agreement and supersedes all prior agreements or letters of <br /> intent of the Parties. This Agreement may not be amended,modified,or supplemented except by <br /> a written instrument signed by an authorized representative of each of the Parties. <br /> 9.6 Survival. All covenants, agreements, representations, warranties and <br /> indemnities contained in this Agreement shall survive the execution and delivery of this <br /> Agreement and the Close of Escrow and the delivery and recordation of all documents or <br /> instruments in connection therewith. <br /> 9.7 Binding Effect; Enforcement. The covenants,agreements,representations, <br /> and warranties contained herein will be binding upon,be enforceable by and inure to the benefit <br /> of the representatives,successors, and permitted assigns of the respective parties hereto, <br /> 9.8 Applicable Law. This Agreement will be construed and interpreted under, <br /> and governed and enforced according to,the laws of the State of California applicable to contracts <br /> made and to be performed entirely therein. <br /> 9.9 Venue. In the event of any legal action to enforce or interpret this <br /> Agreement, the sole and exclusive venue shall be the Superior Court of Orange County, and the <br /> Parties hereby agree to and do hereby submit to the jurisdiction of such court. <br /> 9.10 Attorneys' Fees. If any Party to this Agreement shall bring any action or <br /> proceeding for any relief against the other, declaratory or otherwise, in any way arising out of or <br /> in connection this Agreement and/or the Property,the losing Party shall pay to the prevailing Party <br /> a reasonable sum for attorneys' fees and costs (including without limitation expert witness fees) <br /> incurred in bringing or defending such action or proceeding or enforcing any judgment granted <br /> -16 <br />
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