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<br />. (b) "Mortgagee" shall mean the holder of a Mortgage or of any beneficial <br />interest therein, and shall include, without limitation, any insurer or guarantor of a Mortgage, or ') <br />of any obligation or condition secured by such Mortgage, as well as a person holding an interest <br />in a Mortgage by way of collateral assignment securing the performance of an obligation of the <br />holder of such Mortgage, to the extent provided in such collateral assignment. <br /> <br />ARTICLE II. <br /> <br />GENERAL PROVISIONS <br /> <br />11.1 Proiect Is a Private Undertakinl!. The development contemplated by this <br />Development Agreement is a private development. Property Owner shall have full power over <br />and the exclusive control of the Property herein described subject only to the limitations and <br />obligations of the Property Owner under this Developrnent Agreement. <br /> <br />11.2 No Al!encv. Joint Venture or Partnershio. The Parties renounce the existence of <br />any form of agency relationship, joint venture, or partnership between City and Property Owner <br />and nothing contained herein or in any document executed in connection herewith shall be <br />construed as creating any such legal relationship. Not in limitation of the foregoing, City shall <br />have no responsibility for, or duty to, third parties concerning any improvements associated with <br />the Project until such tirne that City accepts same pursuant to this Agreement or in connection <br />with the Project Approvals. <br /> <br />11.3 Liability and Hold Harmless. Property Owner hereby agrees to and shall hold <br />City harmless from any liability for damage or claims for damage for personal injury, including ) <br />death, as well as frorn claims for property damage which rnay arise from the Property Owner's <br />operations under this Agreement, excepting suits and actions brought by the Property Owner for <br />breach of this Agreement or arising from the intentional acts, negligence or willful misconduct of <br />the City or a third party. <br /> <br />11.4 Notices. Demands. and Communications between the Parties. Formal written <br />notices, demands, correspondence and communications between the City and the Property <br />Owner shall be deemed given if sent by first class rnail, nationally established overnight courier <br />that guarantees next day delivery and provides a receipt therefor, postage prepaid, or by <br />facsimile, to the offices of the City, the Property Owner and others indicated below, or such <br />other address as either party may from time-to-time designate in writing as provided in this <br />section. <br /> <br />City: <br /> <br />City Manager <br />City of Pleasanton <br />P.O. Box 520 <br />Pleasanton, CA 94566 <br />Facsimile: (925) 93 I -5482 <br /> <br />) <br /> <br />356901849375v14 <br /> <br />- 34- <br /> <br />08125100 <br />