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Agmt99 Shea Homes
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Agmt99 Shea Homes
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Last modified
6/21/2016 9:43:00 AM
Creation date
9/8/2003 1:16:13 PM
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Template:
Agreement
Contractor Name
Shea Homes Limited Partnership
PROJECT NAME
DDA - Disposition and Development Franklin Street Project
RMP File Number
100
Date
10/28/1999
Reso Ref
RD-99-31
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Article 8. DEFAULTS AND REMEDIES <br /> <br /> §801 Defaults in General <br /> <br /> Subject to the extensions of time set forth in Section 1004 of this Agreement, <br />material failure or material delay by Agency or Shea in performing or complying with <br />any material term or material provision of this Agreement will constitute a default under <br />this Agreement ("Default"). Any party claiming a Default ("Claimant") shall give <br />written notice of Default to the other party, spcci~ing such Default. The Claimant's <br />rights to institute legal proceedings or terminate this Agreement are subject to the cure <br />rights provided for in Sections 807(C) and 808(C). For purposes of this Agreement, the <br />term "Default" does not include a default of the kind described in Section 515 of this <br />Agreement. <br /> <br /> If this Agreement is terminated and Shea has commenced construction of any <br />Project Phase prior to such termination, Shea shall have no obligation to complete such <br />construction, but shall have the fight to do so without the prior written consent of Agency <br />provided that this Agreement is not terminated by Agency due to Default by Shea. If <br />Shea elects to complete construction of such Project Phase, termination of this <br />Agreement shall not apply to such Project Phase. <br /> <br /> Either party exercising its rights to terminate under this Article 8 shall do so by <br />providing written notice of such termination in accordance with Section 1002 of this <br />Agreement. After termination, neither Shea nor Agency shall have any rights against or <br />liability to, the other under this Agreement, except as otherwise set forth in this <br />Agreement. <br /> <br /> §802 Institution of Legal Actions <br /> Any legal action must be instituted in the Superior Court of the County of San <br />Matco, State of California. In the event Agency or Shea defaults under the terms of this <br />Agreement, Agency or Shea (as applicable) shall have all rights and remedies provided <br />herein or under law. Notwithstanding the foregoing, upon completion of the Shared <br />Infrastructure, Agency shall not have any fights to specific performance. <br /> <br /> {}803 Applicable Law <br /> The laws of the State of California shall govern the interpretation and <br />enforcement of this Agreement. <br /> <br /> §804 Acceptance of Service of Process <br /> If any legal action is commenced by Shea against Agency, service of process on <br />Agency shall be made by personal service upon the Executive Director or in such other <br />manner as may be provided by law. -- <br /> <br /> If any legal action is commenced by Agency against Shea, service of process on <br />Shea shall be made by first attempting personal service upon Shea at the address provided <br />in Section 110 and then, if reasonable attempts at such service are unsuccessful, in such <br />other manner as may be provided by law. <br /> <br /> 34 <br />wc-21875 <br /> <br /> <br />
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