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ORANGE COUNTY COMMUNITY HOUSING CORPORATION - 2008
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ORANGE COUNTY COMMUNITY HOUSING CORPORATION - 2008
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Last modified
1/3/2012 2:26:37 PM
Creation date
10/31/2008 12:35:17 PM
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Contracts
Company Name
ORANGE COUNTY COMMUNITY HOUSING CORPORATION
Contract #
A-2008-249
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
8/18/2008
Destruction Year
0
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10/1/08 <br />615. Modifications. Any alteration, change or modification of or to this <br />Agreement, in order to become effective, shall be made in writing and in each instance <br />signed on behalf of each party. <br />616. Severability. If any term, provision, condition or covenant of this <br />Agreement or its application to any party or circumstances shall be held, to any extent, <br />invalid or unenforceable, the remainder of this Agreement, or the application of the term, <br />provision, condition or covenant to persons or circumstances other than those as to whom <br />or which it is held invalid or unenforceable, shall not be affected, and shall be valid and <br />enforceable to the fullest extent permitted by law. <br />617. .Computation of Time. The time in which any act is to be done under this <br />Agreement is computed by excluding the first day (such as the day escrow opens), and. <br />including the last day, unless the last day is a holiday or Saturday or Sunday, and then <br />that day is also excluded. The term "holiday" shall mean all holidays as specified in <br />Section 6700 and 6701 of the California Government Code. If any act is to be done by a <br />particular time during a day, that time shall be Pacific Time Zone time. <br />618. 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 <br />do so with full knowledge of any right which they may have; they have received <br />independent legal advice from their respective legal counsel as to the matters set forth in <br />this Agreement, or have knowingly chosen not to consult legal counsel as to the matters <br />set forth in this Agreement; and, they have freely signed this Agreement without any <br />reliance upon any agreement, promise, statement or representation by or on behalf of the <br />other party, or their respective agents, employees, or attorneys, except as specifically set <br />forth in this Agreement, and without duress or coercion, whether economic or otherwise. <br />619. Time of Essence. Time is expressly made of the essence with respect to <br />the performance by the Agency and the Developer of each and every obligation and <br />condition of this Agreement. <br />620. Cooperation. Each party agrees to cooperate with the other in this <br />transaction and, in that regard, to sign any and all documents which may be reasonably <br />necessary, helpful, or appropriate to carry out the purposes and intent of this Agreement <br />including, but not limited to, releases or additional agreements. <br />621. Conflicts of Interest. No member, official or employee of the Agency <br />shall have any personal interest, direct or indirect, in this Agreement, nor shall any such <br />member, official or employee participate in any decision relating to the Agreement which <br />affects his personal interests or the interests of any corporation, partnership or association <br />in which he is directly or indirectly interested. <br />622. Time for Acceptance of Agreement by Agency. This Agreement, when <br />executed by the. Developer and delivered to the Agency, must be authorized, executed <br />and delivered by the Agency on or before forty-five (45) days after signing and delivery <br />of this Agreement by the Developer or this Agreement shall be void, except to the extent <br />31 <br />
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