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iu. i ime is or me essence. in an matters ano finings <br />-------A— I— " - ......A— 4;-- ;n --A nMwll 1— ^$ *I%^ <br />10. Time is of the Essence. In all matters and things hereunder to be done and in all payments <br />hereunder to be made, time is and shall be of the essence. <br />11. Permission to Enter on Premises. It is understood and agreed that for project planning and <br />funding purposes the Seller hereby grants to Buyer, and authorized agents or contractors, the right of <br />possession to the area depicted in Exhibit "B" to perform the work described in Paragraph 25. <br />However, said right of possession and use shall not be exercised prior to the Buyer, or Buyer's agent, <br />providing Seller with a 48-hour prior written notice to perform the construction items listed in <br />Paragraph 25 below. <br />A temporary construction easement has been granted (see Exhibit "D") for a period of two (2) <br />months from the commencement of construction and terminates at the end of the period or upon <br />recordation of a Notice of Completion, whichever first occurs. Seller shall be given written notice by <br />Buyer or Buyer's agent or Buyer's contractor, or designee, as to the date Buyer requires use of <br />Temporary Construction Easement area for commencement of construction. <br />12. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Plaza, M-36, P.O. <br />Box 1988, in the City of Santa Ana 92701, County of Orange, State of California. The mailing <br />address of the Seller is: <br />Orange County Transportation Authority <br />550 S. Main Street <br />P.O. Box 14184 <br />Orange, CA 92863 <br />ATTN: Bill Mock <br />OC Public Works/Real Estate Services <br />300 N. Flower Street, 6t" Floor <br />Santa Ana, CA 92703-5000 <br />Facsimile: 714/834-2870 <br />Reference : Project PM1117-150, 151 <br />13. Entire Agreement. It is mutually agreed that the Parties hereto have herein set forth the <br />whole of their Agreement. Performance of this PSA by City shall lay at rest, each, every, and all <br />issue(s) that were raised or could have been raised in connection with the acquisition of Said Real <br />Property by City. <br />14. Expiration of Agreement. This PSA shall terminate and become unenforceable by any Party <br />if City has not completed the acquisition of Said Real Property and paid the Purchase Price therefore <br />to Seller before September 30, 2011. <br />15. Indemnity. Seller agrees to indemnify, defend and hold the City harmless from and <br />against any claim, action, suit, proceeding, loss, cost, damage, liability, deficiency, fine, penalty, <br />punitive damage, or expense (including, without limitation, attorneys' fees), resulting from, arising <br />out of, or based upon (i) the presence, release, use, generation, discharge, storage, or disposal of any <br />Hazardous Material on, under, in or about, or the transportation of any such materials to or from, the <br />Property, or (ii) the violation, or alleged violation, of any statute, ordinance, order, rule, regulation, <br />permit, judgment, or license relating to the use, generation, release, discharge, storage, disposal, or <br />transportation of Hazardous Materials on, under, in, or about, to or from, the Property. This indemnity <br />shall include, without limitation, any damage, liability, fine, penalty, punitive damage, cost, or expense <br />arising from or out of any claim, action, suit or proceeding for personal injury (including sickness, <br />disease, or death, tangible or intangible property damage, compensation for lost wages, business <br />income, profits or other economic loss, damage to the natural resource or the environment, <br />nuisance, pollution, contamination, leak, spill, release, or other adverse effect on the environment). <br />This indemnity extends only to liability created prior to or up to the date this transaction shall close. <br />Seller shall not be responsible for acts or omissions to act post close of this transaction. <br />16. Modification and Amendment. This PSA may not be modified or amended except in writing <br />signed by the Seller and City. <br />