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<br />7. Notice of Default. Agency and City acknowledge and agree that, pursuant to <br />Section 513 of the DDA, a copy of any notice or demand to Developer with respect to any <br />Default by Developer under the DDA shall be delivered to Lender at the following address: <br /> Redwood Capital Finance Company, LLC <br /> 150 California Street, 22nd Floor <br /> San Francisco, California 94111 <br /> Attention: Aaron A. Giovara <br />8. Future Financin2;. At the request of Lender, Agency and City shall reasonably <br />cooperate with Lender and/or Developer in executing and delivering for the benefit of any <br />permanent or other lender under any future financing or refinancing of Developer's obligations <br />under the Loan Documents an agreement with respect to such future financing or refinancing in <br />form and substance similar to this Agreement, with such changes as are necessary based on the <br />facts existing at the time of such future financing or refinancing, taking into consideration the <br />reasonable interests of Agency and City. <br />9. Governin2; Law This Agreement shall be governed by, and construed and <br />enforced in accordance with, the laws of the State of California. <br />10. Notices. All notices, demands and communications required or permitted <br />hereunder shall be transmitted in the manner provided for in Section 1002 of the DDA, and if to <br />the Developer, Agency or City, to the addresses for each set forth in the DDA, and if to Lender, <br />subject to the provisions of Section 6 above, to the address for Lender set forth in the BLA. <br />11. Successors and Assie:ns. This Agreement shall be binding upon, and shall inure <br />to the benefit of, the heirs, successors and assigns of the parties hereto. <br />12. Attorneys' Fees. In the event that any legal action is brought to enforce rights or <br />obligations under this Agreement, the prevailing party in any such legal action shall be entitled to <br />recover from the other party its reasonable attorneys' fees and costs of the proceeding. <br />13. Severability. If any provision of this Agreement shall be determined by a court <br />of competent jurisdiction to be invalid, illegal or unenforceable, that portion shall be deemed <br />severed from this Agreement and the remaining parts of this Agreement shall remain in full force <br />and effect as though the invalid, illegal or unenforceable portion had never been part of this <br />Agreement. <br />14. Headine:s. All headings appearing in this Agreement are for convenience only <br />and shall be disregarded in construing this Agreement. <br />15. Entire Ae:reement; Amendments. This Agreement contains the entire <br />Agreement among the parties hereto with respect to the subject matter hereof. No amendment or <br />modification of this Agreement shall be effective unless executed by all of the parties hereto. <br />16. Counterparts. This Agreement may be executed in two or more counterparts, <br />each of which shall be deemed to be an original, but all of which taken together shall constitute <br />one and the same instrument. <br /> - 8 - <br /> . -..-......... <br />