AgdaPkt 2014-09-22 Closed and Joint with SA

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ATTY/RESO.3016/CC FIG TREE PACE PROGRAM REV: 9-12-14 PT Page 12 of 15 WHEREAS, the Administrator is the administrator of the Figtree PACE Program and agrees to indemnify the Public Entity in connection with the operations of the Figtree PACE Program as set forth herein; NOW , THERFORE, in consideration of the above premises and of the Public Entity’s agreement to joi n the Figtree PACE Program, the parties agree as follows: 1. Indemnification. Figtree has provided the CEDA with an indemnification for negligence or malfeasance of any type as a result of the acts or omissions of Figtree, its officers, employees, subcontractors and agents, arising from or related to the Figtree PACE Program, the assessments, the assessment districts, the improvements or the financing and marketing thereof. Figtree agrees to defend, indemnify and hold harmless the Public Entity, its officers, elected or appointed officials, employees, agents and volunteers from and against any and all actions, suits, proceedings, claims, demands, losses, costs and expenses, including legal costs and attorneys’ fees, for injury or damage due to negligence or malfeasance of any type claims as a result of the acts or omissions of Figtree or CEDA, except for such loss or damage which was caused by the sole negligence or willful misconduct of the Public Entity. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits do not act as limitation upon the amount of indemnification to be provided by Figtree. Without limiting any other provision of this Section, this indemnification shall extend, without limitation, to any claim or action (i) regarding the validity of any contractual assessment levied as part of the Figtree PACE Program; (ii) in connection with (or as a counter-claim against) any enforcement action of CEDA or Figtree; (iii) demanding payment by the Public Entity of any principal, interest, or other amount due to any person in connection with any debt issued in connection with the Figtree PACE Program; or (iv) challenging the validity any delegation of power by the Public Entity to CEDA. 2. Amend ment/Interpretation of this Agreement. This Agreement represents the entire understanding of the parties as to those matters contained herein. No prior oral or written understanding shall be of any force or effect with respect to those matters covered hereunder. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. This Agreement shall not be interpreted for or against any party by reason of the fact that such party may have drafted this Agreement or any of its provisions. 3. Section Headings. Section headings in this Agreement are included for convenience of reference only and shall not constitute a part of this Agreement for any other purpose. 4. Waiver. No waiver of any of the provisions of this Agreement shall be binding unl ess in the form of writing signed by the party against whom enforcement is sought, and no such wai ver shall operate as a waiver of any other provisions hereof (whether or not simil ar), nor shall such wai ver constitute a continuing waiver. Except as specifically provided herein, no failure to exercise or an y delay in exercising any right or remedy hereunder shall constitute a waiver thereof. 5. Severability and Governing Law. If any provision or portion thereof of this Agreement shall be held by a court of competent jurisdiction to be invalid, void, or otherwise unenforceable, the remaining provisions shall remain enforceable to the fullest extent permitted b y law. Thi s Agreement shall be governed by and construed and enforced in accordance with the 9.B. - Page 27