AgdaPkt 2002-12-09 - Laserfiche WebLink

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�. �- i� the City and Agency pertaining to the Project Site as pertinent W the putposes of ttris Agreement. _ §1006 Reaaests for Amendments to this A¢reement , Developer, City and Agency agree to mutually consider reasonable requests for amendments to this Agreement wlrich may be made by Developer, lending institutions, City or the Agency, provided said requests an; consistent with Uris Ageement and would not substantially alter the basic business tern►s included herein. §1007 Counteroarts: Advice of Coansel; Waivers and Amendments This Agreement may be executed in three (3) or more counterparts, each of which is deemed to be an original. -- -' - Each party aclmowledges that it sought and received legal advice from its own independent counsel regazding all aspects of this Agrecment, and that it entered into tlus Agreement insofar as any legal matter is concemed, 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 tlus Ageement must be in writing and signed by the appropriate authorities of the City, Agency or Developer, as applicable, and all amendments hereto must be in writing and signed by the appropriate authoriries of the City, Agency and Developer. The City and the Agency, respectively, aclrnowledge that the City Manager of the City shall be authorized to approve on behalf of the City, and the Executive Director of the Agency shall be authorized to approve on behalf of the Agency, the maldng of any non- substantive changes to this Agreement. In any circumstance where under this Agreetnent any party is required to approve any matter, approval shall not be unreasonably withheld or delayed. 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 Acce�tance of Aereement bv the Citv and Aaencv This Agreement, when executed by Developer and delivered to the City and Agency, must be approved, executed and delivered by the City and Agency on or before thirty (30) days afrer signing and delivery of this Agreement by Developer or this Agreement shall be void, except to the extent that Developer shall consent in writing to a further 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 City and Agency. §1009 Recordation of Abstract of Aereement The City, Agency and Developer 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 of San Mateo. 46 DOCSSFl:648942.4 9975-5 C14 120502