Agmt00 Irvine Apartment Communi - Laserfiche WebLink

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§1007 Counterparts; Advice of Counsel; Waivers and Amendments This Agreement may be executed in two (2) or more counterparts, each of which is deemed to be an original. Each party acknowledges that it sought and received legal advice from its own independent counsel regarding all aspects of this Agreement, and that it entered into this Agreement insofar as any legal matter is concerned, solely in reliance on the legal advice of its respective independent counsel, or chose not to follow such advice, as the case may be. " All waivers of the provisions of this Agreement must be in writing and signed by the appropriate authorities of the Agency or IAC, as applicable, and all amendments hereto must be in writing and signed by the appropriate authorities of the Agency and IAC. In any circumstance where under this Agreement either party is required to approve any matter, approval shall not be unreasonably withheld. Where no time frame for approval is expressly stated in this Agreement, any request for an approval shall be deemed denied if no response has been delivered within thirty (30) days from when approval was requested. §1008 Time for Acceptance of Agreement by the Agency This Agreement, when executed by IAC and delivered to the Agency, must be approved, executed and delivered by the Agency on or before thirty (30) days after signing and delivery of this Agreement by IAC or this Agreement shall be void, except to the extent that IAC shall consent in writing to a fizrther extension of time for the approval, execution and delivery of this Agreement. The date of this Agreement shall be the date when this Agreement shall have been signed by the Agency. §1009 Recordation of Abstract of Agreement The Agency and IAC shall cause an abstract of this Agreement to be prepared which, upon the written approval of both parties, either party may file for recordation in the office of the Recorder of the County. §1010 Successors and Assigns This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and assigns; provided, however,that the benefits of this Agreement shall not pass to, and cannot be claimed against the Agency by, any assignee lacking the written approval of the Agency (where such approval is required), as the case may be, given in accordance with this Agreement. §1011 Entire Understanding; Integrated Agreement � This Agreement constitutes the entire understanding and agreement of the parties. This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto, and supersedes all negotiations or previous agreements between the parties with respect to all or any part of the subject matter hereof. 42 � 9627:83976.25 � ' �