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Res99 RD-99-30
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Res99 RD-99-30
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Last modified
2/23/2012 4:12:39 PM
Creation date
10/9/2003 2:23:13 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Agency Type
Redevelopment
Date
8/9/1999
Supplemental fields
Box
6150
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affiliate, or any partnership or corporation which, directly or indirectly, has a majority interest in <br /> IAC. <br /> §903 Transfers to Joint Ventures or Partnerships <br /> IAC may assign its rights under this Agreement or transfer the IAC Project Site, or any <br /> portion thereof, to one or more joint ventures or partnerships, without complying with Section <br /> 511 of this Agreement, if (i) such joint venture or partnership agrees in writing with the Agency <br /> to assume all of IAC's Obligations with respect to the portion of the IAC Project Site so <br /> assigned; (ii) IAC, or its present direct and indirect owners, owns, directly or indirectly, at least a <br /> majority interest in such joint venture or partnership; and (iii) IAC retains primary responsibility <br /> for development of the IAC Project Site. <br /> Article 10. GENERAL PROVISIONS <br /> §1001 Iutentionally Omitted <br /> §1002 Notices, Demands and Communications Between the Parties <br /> Written notices, demands and communications between the Agency and IAC shall be <br /> sufficiently given when delivered by hand, or one (1) Business Day following dispatch by <br /> overnight courier, or two (2) Business Days following dispatch by registered or certified mail, _ <br /> postage prepaid, rehun receipt requested, to the principal offices of the Agency and IAC as set <br /> forth in Sections 109 and 110 hereof, respectively. In addition, a duplicate copy of any notice to <br /> IAC shall also be provided to legal counsel for IAC, as follows: <br /> Marvin B. Peazlstein, Esq. <br /> Steefel, Levitt & Weiss <br /> One Embazcadero Center, 30th Floor <br /> San Francisco, CA 94111 <br /> Such written notices, demands and communications may be sent in the same manner to <br /> such other addresses as either party may from time-to-time designate by notice given as provided ' <br /> in this section. <br /> The Agency agrees that it shall provide written notice to IAC of the following events <br /> within three (3) Business Days following the occurrence of such events: <br /> (i) any default by either party under the DDA executed by Shea and <br /> the Agency (the "Shea DDA"); <br /> (ii) the termination in whole or in part of the Shea DDA; <br /> (iii) any material developments in the eminent domain activities with <br /> respect to the Shea Project Site; and — <br /> (iv) the results of the third party written investigations and/or reports in <br /> connection with the Shea Project Site. <br /> 40 <br /> 9627 � � ' � ' , <br />
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