RecDoc 2015-052074 - Laserfiche WebLink

Browse Search

33. Severabilitv. If any provision of this Agreement is held, to any extent, invalid, the remainder of this Agreement shall not be affected,except as necessarily reqwired by the invalid provision, and shall remain in full force and effect. 34. Entire Aereement. The terms and conditions of this Agreement constitute the entire agreement between City and Developer with respect to the matters addressed in this Agreement: This Agreement may not be altered,amended or modified without the written consent of all parties hereto. 35. Governing Law;Venue. This Agreement shall be construed and enforced in accorda.nce with the laws of the State of California,without reference to choice of law provisions. Any legal actions under this Agreement shall be brought only in the Superior Court of the County of San Mateo, State of California. 36. Authori . Each party executing this Agreement on behalf of a party represents and wamants that such person is duly and validly authorized to do so on behalf of the entity it purports to bind and if such party is a partnership,corporation or trustee,that such partnership,corporation or trustee has full right and authority to enter into tlus Agreement and perform all of its obligations hereunder. 37. Time is of the Essence. Time is of the essence of this Agreement and of each and every term and condition hereof. 38. Runs with the Land; Recordation. This Agreement pertains to and shall run with the Property. Upon execution, this Agreement shall be recorded in the Official Records of San Mateo County. Upon completion of performance and satisfaction by Developer of its obligations under this Agreement, including wazranty obligations, a written statement shall be recorded by City in the Official Records of San Mateo County terminating this Agreement and releasing all of the Property. The recorded written statement does not release the parties from obligarions that survive terminarion of the Agreement, including indemnificati�n. [Signature Page FollowsJ REV:02-20-15 VR Page 12 of21 ATTY/AGR.2015.034/SunCap Redwood LLC(IA)