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Agmt10 Schrader Leask Development, Inc.
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Agmt10 Schrader Leask Development, Inc.
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Last modified
10/13/2010 3:31:38 PM
Creation date
10/13/2010 3:29:33 PM
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Agreement
Contractor Name
Schrader Leask Development, Inc.
PROJECT NAME
Real Estate Option Agreement 80 Chemical Way APN 052-392-190
RMP File Number
304
Date
10/1/2010
MO Ref
10-194
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MATERIALLY AFFECTED 141S OR, HER SETTLEMENT WITH THE DEBTOR." <br /> Owner's <br /> (d) 1 Owner acknowledges that Optionee is relying on <br /> Owner's representation and warranty that, other than the Existing Lease, Owner has not executed <br /> and is unaware of any other leases, tenancies.„ subleases, or occupancy agreements affecting the <br /> Property ("Owner's Occupancy Representation"). In the event that Owner's Occupancy <br /> Representation is untrue, then without limiting Optionee's recourse for Owner's breach of <br /> Owner's Occupancy Representation, if sucb other tenants or occupants shall be entitled to <br /> Relocation Benefits, Owner shall have the sole and exclusive responsibility for providing all <br /> such Relocation Benefits and paying all relocation costs required to comply with all applicable <br /> federal and state laws, rules, and regulations ard satisfying all Claims of such parties, Owner <br /> hereby agrees to indemnify, defend, protect and hold the Released Parties harmless from and <br /> against any Claims asserted against or sustained by the Released Parties arising fron its breach <br /> of the Owner's Occupancy Representation, including without limitation claims for Relocvtion <br /> Benefits and inverse condemnation, <br /> (e) Tenarit's v aigiusasistation Assistance, Notwithstanrling anything in this <br /> ifskti___In 25 to the contrary, the 'Tenant shall not be deemed to have released any Claims for <br /> Rcatic Assi!tamir ,vuch time :ts the Tenant rtceives Cornpensation <br /> contemplated by 5.estitv.102 thts Agreerro. At the tinv.t tho.", Ten receives ttle Relocation. <br /> Compensation., Tertant shall be deemed to have waived ail Claims for Relocation eQmpensation <br /> as set firth rtt i the New Lea.se. <br /> 2e, frIe7 And.Accr,rtgar.s., Owner has executtd and .:teli thi.s Agreement as of <br /> the ,A.17 Owler's execution and, delivery of /g !pent tA) Out onstitutes <br /> ?r.1 cffer to ptirrie ri the,. terrn5 and conditions let forth Jri Akreorrent "Cliffor") The <br /> Offer ma ar,r,?rtel only (a) fo!lowirm, arprovai of t:ie :a actions contemplated . by this <br /> Agreement by the City Council of The City cf Redw<Jod City and (b) by Optionee's execration of <br /> this Agrtetnttrtt in tl7.t.e signstare blr..1c, set forth. %vliY :And the ciel3,-nry of t.'t!is Agyeen to <br /> Qr t OpOrnee ric.tt acept tilt, Offer e3:tcritirik :E.7; ,Aretvient ?.,rd derl it. to <br /> on or before, 20, CiO. (.wrie.r ihfl hey the right rvoke th offtr hy va-itten <br /> nr•ticc to <br /> TR,ermirlinr OT ktS „ intentionally 10 blank <br /> CJoi g) <br /> 16,0i, 200 v,7 <br /> 27 <br /> 1_ <br />
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