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Agmt04 cinema - closing docs
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Agmt04 cinema - closing docs
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Last modified
7/5/2005 2:27:38 PM
Creation date
12/6/2004 9:14:09 AM
Metadata
Fields
Template:
Agreement
Contractor Name
numerous files
PROJECT NAME
Cinema - closing documents from escrow
RMP File Number
100 bin 24
Date
11/29/2004
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<br />the Parcel is conveyed from the Agency to the Developer (the "Grant Deed"). All rights of the <br />Agency under the DDA shall terminate after issuance of the Certificate of Completion and the rights <br />and obligations of the parties with reference to the Project will thereafter be limited to those set forth <br />in the Grant Deed, to easement and maintenance obligations contained in that certain Reciprocal <br />Easement and Maintenance Agreement and a further maintenance agreement or agreements <br />contemplated under the DDA to be finalized at a later date, and to the provisions of that certain <br />Parking Facilities Agreement executed by the parties hereto. <br />o. The Developer is subject to certain nondiscrimination covenants in the use and <br />operation of Parcel A, as described in the DDA and in the Grant Deed. <br />p. The Agency and the Developer each have certain rights to terminate the DDA, and <br />the Agency has the right to reacquire title to Parcel A under certain circumstances. <br />q. The Agency retains the right of re-entry onto Parcel A and the revesting of title <br />thereto after conveyance of title to the Developer, on the terms described in the DDA. <br />r. The Developer is prohibited from transferring, partially or totally, any interest in <br />Parcel A or the Project prior to the issuance of a Certificate of Completion. <br />s. Prior to the issuance of the Certificate of Completion, the Developer is prohibited <br />from transferring any interest in the Developer except on the terms provided in the DDA. <br />[SIGNA TURES APPEAR ON FOLLOWING PAGES] <br />REDW\0002\DOC\009- 3 <br />4 6\30\04 1000 law <br />"""- .... --_._--._.,-~ ......---_.._. ......-.-'--.-.. <br />
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