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Lease Agreement City of RWC PFA as sublessor
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Lease Agreement City of RWC PFA as sublessor
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Last modified
10/1/2013 10:42:00 AM
Creation date
10/1/2013 10:41:52 AM
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Agreement
Contractor Name
City of RWC Public Financing Authority
PROJECT NAME
Lease Agreement City of RWC PFA as sublessor
RMP File Number
505
Date
5/1/2013
Reso Ref
15264 and PFA 13-03
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(d) Remedies under the Site and Faciliry Lease. If an Event of Default occurs and <br /> contimies hereunder, the Authority may exercise its rights under the Site and Facility Lease. <br /> Section 8.3. No Remedy Exclusive. No remedy herein conferred upon or reserved to the <br /> Authority is intended to be exclusive and every such remedy shall be cumulative and shall be in <br /> addition to every other remedy given under this Lease Agreement or now or hereafter existing at <br /> law or in equity. No delay or omission to exercise any right or power accruing upon the <br /> occurrence of any Event of Default shall impair any such right or power or shall be construed to <br /> be a waiver thereof, but any such right and power may be exercised from time to time and as <br /> often as may be deemed expedient. In order to entitle the Authority to exercise any remedy <br /> reserved to it in this Article VIII it shall not be necessary to give ar�y notice, other than such <br /> notice as may be required in this Article VIII or by law. <br /> Section 8.4. A�reement to Pay Attornevs' Fees and Expenses. If either party to this <br /> Lease Agreement defaults under any of the provisions hereof and the non-defaulting party should <br /> employ attomeys (including in-house legal counsel) or incur other expenses for the collection of <br /> moneys or the enforcement or performance or observance of any obligation or agreement on the <br /> part of the defaulting party herein contained, the defaulting party agrees that it will on demand <br /> therefor pay to the non-defaulting party the reasonable fees of such attorneys (including allocable <br /> costs and expenses of in-house legal counsel, if any) and such other expenses so incurred by the <br /> non-defaulting party. <br /> Section 8.5. No Additional Waiver Implied bv One Waiver. If any agreement contained <br /> in this Lease Agreement is breached by either party and thereafter waived by the other parly, <br /> such waiver is limited to the particular breach so waived and will not be deemed to waive any <br /> other breach hereunder. <br /> Section 8.6. Assi�nee to Exercise Ri�ts. Such rights and remedies as are given to the <br /> Authority under this Article VIII have been assigned by the Authority to the Assignee, to which <br /> assignment the City hereby consents. Such rights and remedies shall be exercised solely by the <br /> Assignee. <br /> Section 8.7. Judicial Reference. <br /> (a) Judiciad Reference. The Authority and the City hereby agree: (i) each proceeding or <br /> hearing based upon or arising out of, directly or indirectly, this Lease Agreement, the Site and <br /> Facility Lease, the Property or any document related thereto, any dealings between the City and <br /> the Authority related to the subject matter of this Lease Agreement,the Site and Facility Lease or <br /> any related transactions, and/or the relationship that is being established between the City and the <br /> Authority (hereinafter, a"Claim") shall be determined by a consensual general judicial reference <br /> (the "Reference") pursuant to the provisions of Section 638 et seq. of the California Code of <br /> Civil Procedure, as such statutes may be amended or modified from time to time; (ii) upon a <br /> written request, or upon an appropriate motion by either the Authority or the City, as applicable, <br /> any pending action relating to any Claim and every Claim shall be heard by a single Referee (as <br /> defined below) who shall then try all issues (including any and all questions of law and questions <br /> -31- <br /> 338802_2.DOC <br />
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