Laserfiche WebLink
8.7.3 Settlement. The Indemnitor may,with the Indemnitee's consent,not <br /> to be unreasonably withheld, settle a claim. The Indemnitee's consent shall not be required for <br /> any settlement by which all of the following occur: (a) the Indemnitor procures (by payment, <br /> settlement, or otherwise) a release of the Indemnitee from the subject claim(s) by which the <br /> Indenmitee need not make any payment to the claimant; (b) neither the Indemnitee nor the <br /> Indemnitor on behalf of the Indemnitee admits liability; (c) the continued effectiveness of this <br /> Agreement is not jeopardized in any way; and (d) the Indemnitee's interest in the Project <br /> entitlements is not jeopardized in any way. <br /> 8.7.4 Insurance Proceeds. The Indemnitor's obligations shall be reduced <br /> by net insurance proceeds the Indemnitee actually receives for the matter giving rise to <br /> indemnification obligation. <br /> 9. Miscellaneous. <br /> 9.1 Notices. Any notice, request, demand, instruction or other document <br /> required or permitted to be given or served hereunder or under any document or instrument <br /> executed pursuant hereto will be in writing and will be delivered personally or sent by United <br /> States registered or certified mail,return receipt requested,postage prepaid or by overnight express <br /> courier,postage prepaid and addressed to the parties at their perspective addresses set forth below, <br /> and the same will be effective upon the date of confirmed dispatch, if by electronic communication <br /> receipt if delivered personally or via overnight express courier or on the third Business Day after <br /> deposit if mailed. A party may change its address for receipt of notices by service of a notice to <br /> such change in accordance herewith. Buyer and Seller hereby agree that notices may be given <br /> hereunder by the parties' respective counsel, if applicable, and that, if any communication is to be <br /> given hereunder by Buyer's or Seller's counsel, such counsel, if applicable, may communicate <br /> directly with all principals as required to comply with the provisions of this Section. <br /> If to Buyer: THRIVE Santa Ana, Inc. <br /> P.O. Box 1935 <br /> Santa Ana, CA 92702 <br /> Attn: Ana Urzua <br /> If to Seller: City of Santa Ana <br /> Community Development Agency <br /> 20 Civic Center Plaza, M25 <br /> Santa Ana, CA 92701 <br /> Attn: Executive Director <br /> with a copy to: City of Santa Ana <br /> 20 Civic Center Plaza, M30 <br /> Santa Ana, CA 92701 <br /> Attn: City Clerk <br /> 9.2 Assignment. Seller may not assign its interest in this Agreement, or any of <br /> its rights or obligations hereunder, without the prior written consent of Buyer, which shall not be <br /> unreasonably withheld, conditioned or delayed. Buyer may not assign its interest in this <br /> _19_ <br />