AgdaPkt 2013-07-22 - Laserfiche WebLink

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7.A. - Page 139 1.1.80 "Notifv" means give a Notice. 1.1.81 "Parkin� Covenant and A�reement" shall mean that agreement attached hereto as Exhibit I and incorporated herein by reference. 1.1.82 "Parkin� Facilities A�reement" means that certain Parking Facilities Agreement, dated July 12, 2004, between the City and On Broadway Redwood City, LLC, as amended by a First Amendment to Parking Facilities Agreement dated September 11, 2007. 1.1.83 "PCO Report" means a preliminary change of ownership report required under California Revenue and Taxation Code Section 480.3. 1.1.84 "Performance Schedule" means the schedule for the performance of certain actions by the City or the Developer, pursuant to the terms and conditions of this Agreement, attached to this Agreement as Exhibit D. 1.1.85 "Permitted Encumbrance" means any Mortgage and any other document required or allowed to be recorded against the Site by the express terms of this Agreement. 1.1.86 "Permitted Exceptions" means: (i) any and all items shown in Schedule B of the Preliminary Report as exceptions to coverage under the proposed Title Policy that the Developer does not disapprove or conditionally approve or that are otherwise accepted or consented to by the Developer, (ii) any exceptions from coverage under the proposed Title Policy resulting from the Developer's activities on the Site; (iii) any lien for non-delinquent property taxes or assessments; (iv) any Laws applicable to the Site; (v) this Agreement; (vi) the City Deed; or (vii) any other matter provided for in this Agreement. 1.1.87 "Permitted Transfer" shall have the meaning set forth in Section 8.2.1 of this Agreement. 1.1.88 "Person" means any association, corporation, governmental entity or agency, individual, j oint venture, j oint-stock company, limited liability company, partnership, trust, unincorporated organization, or other entity of any kind. 1.1.89 "Pre-Closin� Liquidated Dama�es Amount" means the amount of Twenty Five Thousand Dollars ($25,000). 1.1.90 "Precise Plan" means the Downtown Precise Plan, adopted by the City Council on January 24, 2011. 1.1.91 "Preliminarv Report" means a preliminary report issued by the Title Company in contemplation of the issuance of the Title Policy, accompanied by copies of all documents listed in Schedule B of the report, as exceptions to coverage under the proposed Title Policy. 1.1.92 "Prevailin� Wa�e Action" means: (i) any determination by the State Department of Industrial Relations that prevailing wage rates should have been paid, but were 82483.00009\7571312.11 11 ATTY/AGR/2013.118/BLOCK 2 HUNTER STORM REV: 07-19-13 PT