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ORD 1650
City of Pleasanton
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ORD 1650
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Last modified
2/18/2004 1:26:38 PM
Creation date
3/9/1999 7:12:06 PM
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CITY CLERK
CITY CLERK - TYPE
ORDINANCES
DOCUMENT NO
ORD 1650
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and subparagraphs of this Agreement are for convenience only and shall not be considered or <br />referred to in resolving questions of construction. Each party acknowledges that it has had an <br />opportunity to review this Agreement and to receive independent legal advice regarding it. The <br />provisions of this Agreement shall not be interpreted in favor of or against either party. This <br />Agreement shall be governed by the laws of the State of California. <br /> <br /> 17. No Waiver. No delay or omission by any party in exercising any fight or power <br />accruing upon the noncompliance or failure to perform by the other paxty under the provisions <br />of this Agreement shall impair any right or power or be construed to be a waiver thereof. A <br />waiver by either party of any of the covenants or conditions to be performed by the other party. <br />shall not be construed as a waiver of any succeeding breach of the same or other covenants and <br />conditions hereof. <br /> <br /> 18. Entire A$~reement. This Agreement and all Exhibits aUached hereto contain the <br /> sole and entixe agreement between the parties concerning the Project. The pardes acknowledge <br /> and agree that none of them has made any representation with respect to the subject matter of <br /> this Agreement or any representations inducing the execution and delivery hereof, except such <br /> representations as are specifically set forth herein, and each party acknowledges that it has relied <br /> on its own judgment in entering this Agreement. <br /> <br /> 19. Estotmel Certificate. Each party from time to time may deliver written notice to <br /> the other parties r~lhesting written certification that, to the knowledge of the certifying party <br /> (i) this Agreement is in full force and effect and constitutes a binding obligation of the parties; <br /> (ii) this Agreement has not been amended or modified either orally or in writing, or, if it has <br /> been amended or modified, specifying the nature of the amendments or modifications; and (iii) <br /> the requesting party is not in default in the performance of its obligations under this Agreement, <br /> or if in default, describing therein the nature and monetary amount, if any, of any default. The <br /> paxty receiving a request hereunder shall execute and return the certificate within sixty (60) days <br /> after receipt thereof. The Planning Director of the County or City shall have the fight to <br /> execute any certificate requested by Partners hereunder. The County acknowledges that a <br /> cerdfica~ ~ereunder may be relied upon by permitted transferees and mortgagees. At the <br /> request of Pannets, any certificate provided by the County or City establishing the status of this <br /> Agreement with respect to any lot or parcel may be in recordable form, and Partners shall have <br /> the fight to record the certificate for the affected portion of the Subject Property at its costs and <br /> expense. <br /> <br /> 20. ~..~/12iI.L~. Each provision of this Agreement which shall be judged to be <br /> invalid. void or illegal shall in no way affect, impair or invalidate any other provisions hereof, <br /> and the other provisions shall remain in full force and effect. <br /> <br /> 2 I. Time of Essence. Time is of the essence in the performance of each and every <br /> covenant and obligation to be performed by the parties hereunder. <br /> <br /> <br />
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