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Agmt16 Butler Realty III, LLC
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Agmt16 Butler Realty III, LLC
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Entry Properties
Last modified
2/8/2017 1:02:03 PM
Creation date
10/26/2016 3:36:12 PM
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Agreement
Contractor Name
Butler Realty III, LLC
PROJECT NAME
Purchase and sale of remnant properties 1629 Main St 053-341-010 and 053-341-040
RMP File Number
304
Date
10/26/2016
Reso Ref
15529
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17. Entire Agreement; Interpretation. The recitals above and exhibits attached <br />hereto are incorporated by reference as though fully restated herein and comprise part <br />of this Agreement. This Agreement constitutes the entire agreement between the Parties <br />with respect to the subject matter hereof and no prior oral or written understanding shall <br />be of any force or effect with respect to the matters covered herein. The titles to the <br />sections of this Agreement are not a part of this Agreement and shall have no effect upon <br />the construction or interpretation of any part of this Agreement. As used in this <br />Agreement, masculine, feminine or neuter gender and the singular or plural number shall <br />each be deemed to include the others where and when the context so dictates. The <br />word "including" shall be construed as if followed by the words "without limitation." This <br />Agreement shall be interpreted as though prepared jointly by the Parties. The laws of the <br />State of California, without regard to conflict of laws principles, shall govern the <br />interpretation and enforcement of this Agreement. <br />18. Severabilitv. If any term, provision, condition, or covenant of this <br />Agreement or its application to any Party or circumstances shall be held, to any extent, <br />invalid or unenforceable, the remainder of this Agreement, or the application of the term, <br />provision, condition, or covenant to persons or circumstances other than those as to <br />whom or which it is held invalid or unenforceable, shall not be affected, and shall be valid <br />and enforceable to the fullest extent permitted by law. <br />19. Leoal Advice. Each Party represents and warrants to the other the <br />following: they have carefully read this Agreement, and in signing this Agreement, they <br />do so with full knowledge of any right which they may have; they have received <br />independent legal advice from their respective legal counsel as to the matters set forth <br />in this Agreement, or have knowingly chosen not to consult legal counsel as to the <br />matters set forth in this Agreement; and, they have freely signed this Agreement without <br />any reliance upon any agreement, promise, statement or representation by or on behalf <br />of the other Party, or its officials, officers, directors, agents, representatives, employees, <br />or attorneys except as specifically set forth in this Agreement, and without duress or <br />coercion, whether economic or otherwise. <br />20. Cooperation. Each Party agrees to cooperate with the other Party in <br />consummating the transaction contemplated by this Agreement and, in that regard, to <br />execute any and all documents which may be reasonably necessary, helpful, or <br />appropriate to carry out the purposes and intent of this Agreement including, but not <br />limited to, a Preliminary Change of Ownership Form to be filed with the County <br />Assessor's Office and a FIRPTA certification setting forth City's address and federal tax <br />identification number in accordance with and/or for the purpose of complying with the <br />provisions of Sections 7701 and 1445 of the Internal Revenue Code of 1986, as <br />amended. <br />21. Venue. City and Buyer agree that any controversy arising under or in <br />relation to this Agreement shall be litigated exclusively in Superior Court for the County <br />of San Mateo or the federal district court for the Northern District of California. City and <br />Buyer each irrevocably consent to service, jurisdiction, and venue of such courts for any <br />OAK #4848-2211-8201 v3 <br />Page 11 of 29 <br />ATN/AGR/2016.297/BUTLER MAIN STREET PURCHASE 6 SALE AGREEMENT FOR 4 REMNANT PROPERTIES <br />REV: 10-10-16 VR <br />
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