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12
City of Pleasanton
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CITY CLERK
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2010
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072010
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7/14/2010 4:10:28 PM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
7/20/2010
DESTRUCT DATE
15 Y
DOCUMENT NO
12
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City and Property Owner shall be recorded in the Official Records of Alameda County, <br /> California. <br /> 11.8 Estovoel Certificate. Either party may, at any time, and from time to time, deliver <br /> written notice to the other party requesting such party to certify in writing that, to the knowledge <br /> of the certifying party, (1) this Agreement is in full force and effect and is a binding obligation of <br /> the parties, (ii) this Agreement has not been amended or modified either orally or in writing, or if <br /> so amended, identifying the amendments, and (iii) the requesting party is not in default in the <br /> performance of its obligations under this Agreement, or if in default, to describe therein the <br /> nature and amount of any such defaults. The party receiving a request hereunder shall execute <br /> and return such certificate within thirty (30) days following the receipt thereof. Either the City <br /> Manager or the Planning Director of City shall have the right to execute any certificate requested <br /> by Property Owner hereunder. City acknowledges that a certificate hereunder may be relied <br /> upon by transferees and Mortgagees. <br /> 11.9 Limitation of Liability. City hereby acknowledges and agrees that Property <br /> Owner's obligations under this Agreement are solely those of GHC Bernal Investors, LLC and in <br /> no event shall any present, past or future officer, director, shareholder, member, employee, <br /> partner, affiliate, manager, representative or agent of Property Owner "Related Parties have <br /> any personal liability, directly or indirectly, under this Agreement and recourse shall not be <br /> available against any Related Party in connection with this Agreement or any other document or <br /> instrument heretofore or hereafter executed in connection with this Agreement. The limitations <br /> of liability provided in this Section are in addition to, and not in limitation of, any limitation on <br /> liability applicable to Property Owner or any Related Party provided by law or in any other <br /> contract, agreement or instrument. <br /> 35690/849375v 14 36 O8R5/o0 <br />
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