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04 - Acquisition 301 S Sycamore-300 S Main
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02/22/2011
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04 - Acquisition 301 S Sycamore-300 S Main
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Last modified
1/3/2012 3:33:03 PM
Creation date
2/25/2011 9:54:57 AM
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City Clerk
Doc Type
Agenda Packet
Item #
04
Date
2/22/2011
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approval of the Agency herein. The execution of these documents and the delivery of same to <br />Escrow Agent constitutes said acceptance and approval. <br />21. Modificatfon and Amendment. This Agreement may not be modified or amended <br />except in writing signed by the Seller and Agency. <br />22. Partial Invalidity. Any provision of this Agreement that is unenforceable or invalid or <br />the conclusion of which would adversely affect the validity, legality, or enforcement of this <br />Agreement shall have no effect, but all the remaining provisions of this Agreement shall remain <br />in full force. <br />23. Cantions. Captions and headings in this Agreement, including the title of this <br />Agreement, are fox convenience only and are not to be considered in construing this Agreement. <br />24. Governing Law. This Agreement shall be governed by and construed in accordance <br />with the laws of the State of California. <br />25, No Reliance By One Party On The Qther. Each party has received independent legal <br />advice from its attorneys with respect to the divisibility of executing this Agreement and the <br />meaning of the provisions hereof. The provisions of this Agreement shall be construed as to their <br />fair meaning, and not for or against any party based upon any attribution to such party as the source <br />of the language in question <br />26• No Third Party Beneficiary, This Agreement is intended to benefit only the parties hereto <br />and no other person or entity has or shall acquire any rights hereunder. <br />27. Duty To Co~erate Fm•thex•. Each party hereby agrees that it shall, upon request of the <br />other, execute and deliver such further documents (in form and substance xeasonably acceptable to <br />the party to be charged) and do such other acts and things as are reasonably necessary and <br />appropriate to effectuate the terms and conditions of this Agreement, without cost <br />28, Apylicability of Agreement To Assignees. This Agreement shall be binding upon and <br />shall inure to the benefit of the successors and assigns ofthe parties to this Agreement. <br />29. Authority to Execute Agreement. Each undersigned represents and warrants that its <br />signature herein below has the power, authority and right to bind their respective patties to each of <br />the terms of this Agreement, and shall indemnify Agency fully, including reasonable costs and <br />attomey's fees, for any injuries or damages to Agoncy in the event that such authority or powex is <br />not, in fact, held by the signatory or is withdrawn. <br />30. Incorporation of Exhibits, All Exhibits referenced herein and attached hereto shall be <br />incorporated as if fully set forth in the body of this Agreement. <br />6 <br />4-10 <br />
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