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RecDoc 2013-080999
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RecDoc 2013-080999
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Last modified
10/1/2013 10:49:43 AM
Creation date
10/1/2013 10:49:10 AM
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Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
Assignment Agreement
Doc Num
2013-080999
Rec Date
5/30/2013
Address
Fire Station No. 9
Parties
City PFA assign and transfer to Compass Bank
Reso Ref
15264 and PFA 13-03
File Num
505
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. _ _ <br /> (2) that the Lease Agreement, the Site and Facility Lease, and the Authority <br /> Assignment Agreement are genuine and in all respects are what they purport <br /> to be; and <br /> (3) that the Assignor has complied with the requirements of the Lease Agreement <br /> with respect to this Assignment Agreement. <br /> The Assignor further represents and warrants that as of the date of this Assignment <br /> Agreement, the Lease Agreement, the Site and Facility Lease, and the Authority Assignment <br /> Agreement, are in full force and effect and the City is not in default of any of the terms set forth <br /> therein. <br /> This Assignment Agreement shall be construed and governed in accordance with the laws <br /> of the State of California applicable to contracts made and performed in the State of California. <br /> Any provision of this Assignment Agreement found to be prohibited by law shall be ineffective <br /> only to the extent of such prohibition, and shall not invalidate the remainder of this Assignment <br /> Agreement. This Assignment Agreement may be amended by the parties hereto in writing. <br /> This Assignment Agreement binds and inures to the benefit of the parties and their <br /> respective successors and assigns. <br /> The descriptions of the Site and the Facility which are the subject of the Site and Facility <br /> Lease and the Lease Agreement are set forth in Exhibits A and B attached hereto and by this <br /> reference incorporated herein. <br /> All payments due to the Assignee under the Lease Agreement, the Site and Facility <br /> Lease, and/or the Authority Assignment Agreement shall be payable to the Assignee as follows: <br /> Payments by check (by overnight delivery only to this address): <br /> Compass Bank <br /> 201 North Hwy 183 <br /> Leander, TX 78641 <br /> (512)421-5715 <br /> Payments by wire: <br /> Compass Bank <br /> ABA#: 113-010-547 <br /> For Credit to: <br /> DO NOT POST. <br /> CONTACT LDFCPublicFinance@BBVACompass.com <br /> Reference: City of Redwood City <br /> The Assignee's right, title and interest in and to this Assignment Agreement, the Lease <br /> Agreement, the Authority Assignment Agreement, and the Lease Payments, its security interest <br /> in the Site and Facility Lease, and all proceeds may be assigned and reassigned in whole or in <br /> part to one or more assignees or sub-assignees by the Assignee subject to the restrictions set forth <br /> -2- <br /> DOCSSF/93 582v4/200487-0002 <br />
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