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FULL PACKET_2009-05-18
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FULL PACKET_2009-05-18
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Last modified
1/3/2012 4:19:53 PM
Creation date
5/13/2009 4:06:29 PM
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City Clerk
Doc Type
Agenda Packet
Date
5/18/2009
Destruction Year
2014
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F <br />f <br />~~'4n./ ~i .l, <br />"Permittees'") the rights to twenty-five (25} non-exclusive parking spaces from the spaces <br />granted to GP2 pursuant to the terms of the TIAA Parking Agreement. The transfer of the rights <br />to such twenty-five (25) non-exclusive pazking spaces pursuant to the terms of the TIAA Parking <br />Agreement is strictly on an "AS-IS" basis and is without warranty of any kind and shat} be <br />subject to a!1 of the terms and conditions of the TIAA Parking Agreement. Any and alI rights to <br />use the TIAA Parking Structure pursuant to this Agreement shall cease and terminate upon the <br />termination of the TIAA Parking Agreement for any reason. Doubletree hereby agrees and <br />acknowledges that it has evaluated the TIAA Parking Agreement and is satisfied with the terms <br />and conditions thereof and with GP2"s authority to make the transfer hereunder and Doubletree <br />hereby disclaims any warranties and representations with regard thereto. Notwithstanding the <br />foregoing, neither Doubletree nor any Permittee shall be required to pay or be subject to any <br />charge, fee or other imposition associated with the use of such spaces; provided, however, a <br />validation or pazking identification system (at no cost} may be instituted and operated without <br />the consent of Doubletree. Further, in no event steal} Doubletree be subject to, and GP2 shalt <br />hold Doubletree free and harmless from and against, any operating expenses which may be <br />charged or levied pursuant to the TIAA Parking Agreement. <br />2. Constructive Notice o Transfer. This Agreement shall be recorded in the Official <br />Records of the Orange County, California, to pmvide constructive notice of the transfer of the <br />rights to the twenty-five (25}non-exclusive parking spaces described herein. <br />3. Rules. Doubletree ogees to comply with and to cause all Permittees to comply <br />with all reasonable, non-discrinunatory rules and regulations with respect to the use and <br />operation of the TIAA Parking Structure including, without limitation, the terms and restrictions <br />contained in the TIAA Parking Agreement. <br />4. Miscellaneous. <br />(a) Successors; Inte tion and Restatement. This Agreement shall inure to <br />the benefit of and be binding upon the parties and their respective successors and assigns. <br />(b) ante arts. This Agreement may be executed in counterparts, including <br />facsimile counterparts, each of which shall be deemed an original, but all of which, together, <br />shall constitute one and the same Agreement. <br />(c) nth ri Fach individual executing this Agreement on behalf of a party <br />represents that he or she is duly authorized to execute and deliver this Agreement on behalf of <br />such party and that this Agreement is binding on said party. <br />(d} Attorney's Fees. The provisions in the TIAA Parking Agreement <br />respecting payment of attorney's fees shall also apply to this Agreement. <br />jSIGNATURES ONFOLLOu'ING PAGE) <br />17b4P6.Of~(}C <br />Nd]43-Q3SIL 3-06tn,3~iQs1 <br />75B-247 <br />
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