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Property and the land adjacent to the Property and has paid to the Agency the all sums due as <br />rent due under the Lease, less any applicable credits under the Acquisition Agreement. <br />H. DWWRBB, Inc. has completed certain improvements on the Property as required <br />by the Acquisition Agreement and is working towards completion of the remaining <br />improvements. <br />I. The Agency License Agreement between the Agency and Vinci has expired. <br />Vinci is no longer has any interest in the Honda dealership adjacent to the Property and is now in <br />Chapter 7 bankruptcy proceedings. <br />J. The Agency now wishes to enable DWWRBB, Inc. to continued to improve the <br />Property and to utilize the Property for The benefit of its adjacent Honda dealership in fulfillment <br />of the purposes of the Acquisition Agreement by granting a right of entry and license to <br />DWWRBB, Inc. pursuant to the terms and conditions described in this Agreement until such <br />time as the Lease can be reassigned to DWWRBB, Inc. in accordance with purposes of the <br />Acquisition Agreement. <br />N®W, THEREFORE, for good and valuable consideration, the receipt and sufficiency <br />of which is hereby acknowledged, DWWRBB, Inc. and Agency do herebyagree as follows: <br />1. Right of Entry and License. Provided that all of the terms and conditions of this <br />Agreement are fully satisfied, as of the Effective Date of this Agreement, the Agency hereby <br />grants to DW WRBB, Inc. and its' employees, agents and contractors the nonexclusive, <br />nonassignable, personal right and'license to enter upon the Property to (a) undertake demolition <br />and environmental testing, (b)' construct certain improvements, as approved in writing by the <br />Agency's Executive Director (who's approval shall in no way be deemed to constitute an <br />approval by the City of Santa Ana), (c) store and sell vehicular inventory consistent with SD60 <br />zoning requirements, and fox no other purposes without the prior written approval of the <br />Executive Director of the Agency. This Agreement shall automatically terminate and expire <br />thirty (30) days from the date of this Agreement. It is expressly understood that this Agreement <br />does not in any way whatsoever grant or convey any rights of possession, easement or other <br />cognizable property interest in the Property. Upon termination of this Agreement, unless the <br />parties agree otherwise, all improvements constructed by DWWRBB, Inc: on the Property shall <br />be the property of the Agency. <br />2. Agreement: By execution of this Agreement, DWWRBB, Inc. agrees for itself <br />and on the behalf of its employees, agents, consultants and contractors as follows: <br />(a) That DWWRBB, Inc. will not permit any dangerous condition or waste to <br />be created on the Property. <br />(b) All acts and things done by DWWRBB, Inc. on the Property will be done <br />in a careful and reasonable manner, in accordance with all federal, state and local laws. <br />(c) DWWRBB, Inc. shall enter the Property entirely at its own cost, risk and <br />expense. <br />'~t ®26 <br />