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FULL PACKET_2010-08-02
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FULL PACKET_2010-08-02
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Last modified
7/26/2016 4:18:43 PM
Creation date
7/29/2010 12:05:53 PM
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City Clerk
Doc Type
Agenda Packet
Date
8/2/2010
Destruction Year
2015
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released claims, and that Tenant will not make any such assignment, transfer, <br />conveyance or other disposition subsequent to the Effective Date of this <br />Agreement. Tenant acknowledges that the Authority has relied and is relying <br />upon such representations and warranties in entering into this Agreement. <br />(f) Tenant will Hold Harmless and defend Agency, its employees, agents, contractors <br />or representatives from any claims that may arise from Tenant's nondisclosure of <br />any other interests in the Property or personal property referenced by this <br />agreement. <br />(g) This Agreement represents a settlement of doubtful and disputed claims between <br />the Parties and does not constitute any admission of liability by either party to the <br />other parry to this Agreement. Agency has delivered to Owner an offer to <br />purchase the Property under threat of eminent domain pursuant to Government <br />Code Section 7267.2. Tenant and Agency now wish to enter into this Agreement <br />in lieu and under threat of eminent domain proceedings. <br />3. Third Party Beneficiaries <br />Except as explicitly set forth herein, nothing in this Agreement is intended to create any <br />third party beneficiaries under this Agreement, and no person or entity other than <br />Authority and Tenant shall be authorized to enforce the provisions of this Agreement. <br />4. Attomey's Fees <br />In the event of litigation relating to or arising out of this Agreement, the prevailing party <br />shall be entitled to be reimbursed by the non - prevailing party for all reasonable costs and <br />expenses incurred thereby, including, but not limited to reasonable attorney's fees and <br />costs for services rendered to such prevailing party. <br />5. Ind_ emnity <br />Each party shall indemnify, defend and hold the other party and the Released Parties <br />harmless from and against any claims, damages, demands, liabilities, losses, judgments, <br />expenses and attorney's fees and /or costs resulting from the breach by such indemnifying <br />party of any provision of this Agreement, the falsity of any representation or warranty <br />made by the indemnifying party contained in this Agreement. <br />6. Entire Agreement <br />This Agreement together contains the entire Agreement of the Parties, and supersedes <br />any prior written or oral agreements between them, concerning the subject matter of this <br />Agreement. <br />7. Partial Invalidity <br />4of7 <br />25E -35 <br />
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