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02
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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101717
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/17/2017
DESTRUCT DATE
15Y
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(b) Upon the granting of any consent (deemed or otherwise) by Lessor with <br /> respect to a Transfer by Lessee, this Lease shall be binding upon and shall inure to the benefit of <br /> Lessor and Lessee and their respective heirs, successors, assigns, legal representatives, Lenders, <br /> Tenants and other transferees. <br /> ARTICLE 17. <br /> MISCELLANEOUS PROVISIONS <br /> Section 17.1 Consents. Lessor agrees not to unreasonably withhold or delay its consent <br /> to matters requiring Lessor's consent hereunder unless the applicable provision of this Lease <br /> permits Lessor to exercise Lessor's sole discretion with respect to a particular matter <br /> Section 17 2 Enforced Delay, Extension of Times of Performance Time is of the essence <br /> in the performance of each of the Parties' respective obligations set forth in this Lease Except as <br /> expressly set forth in this Section 17 2, performance by any Party hereunder shall not be deemed <br /> to be in default and such Party shall be entitled to an extension of time to perform its obligations <br /> hereunder where delays in performance are due to causes beyond the reasonable control and <br /> without the fault of such Party, including as applicable war, insurrection, strikes, lockouts; riots, <br /> floods; earthquakes; fires, casualties, acts of the public enemy, epidemics, quarantine restrictions; <br /> freight embargoes, lack of transportation, governmental restrictions or priority, unusually severe <br /> weather, inability to secure necessary labor, materials or tools; delays of any contractor, <br /> subcontractor or supplies that are not caused by any Party, acts of the other Parties, acts or the <br /> failure to act of any public or governmental agency or entity that are not caused by Lessee, or other <br /> causes beyond the reasonable control of the Party ("Force Majeure") Notwithstanding the <br /> foregoing, Lessee's inability to secure satisfactory financing, interest rates, and market and <br /> economic conditions shall not entitle Lessee to an extension of time to perform. An extension of <br /> time for any cause permitted under this Section 17.2 shall be limited to the period of the enforced <br /> delay, which period shall commence to run from the time of the commencement of the cause, if <br /> notice by the Party claiming such extension is sent to the other Party within thirty (30) days of <br /> knowledge of the commencement of the cause. If no wntten notice is sent within thirty(30) days, <br /> for purposes of measuring the extension penod for performance of the obligation in question, the <br /> period of the enforced delay shall commence to run from the date wntten notice is sent to the other <br /> Party Times of performance under this Lease may be extended by mutual written agreement of <br /> the Parties <br /> Section 17.3 Interpretation The terms of this Lease shall be construed in accordance with <br /> the meaning of the language used and shall not be construed for or against any Party by reason of <br /> the authorship of this Lease or any other rule of construction which might otherwise apply. The <br /> Section headings are for purposes of convenience only,and shall not be construed to limit or extend <br /> the meaning of this Lease <br /> Section 17.4 Entire Agreement- Modifications This Lease supersedes all prior <br /> discussions and agreements between the Parties with respect to the leasing of the Leased <br /> Premises The Loan Agreement, this Lease and executed attachments hereto, and the Regulatory <br /> Agreement contain the sole and entire understanding between the parties with respect to the <br /> leasing of the Leased Premises and the development and operation of the Project This Lease <br /> 40 <br /> 191\52\1656915 8 <br /> OAK#4834-9609-1684 v9 <br />
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