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Agreement, nor shall any provision of this Section 7.5 constitute an obligation of City to such Mortgagee, except as to the notice requirements of Section 7.5.3. 7.5.5 Mortga�ee Requested Amendments. The Parties agree that they will make reasonable amendments to this Agreement, at the expense of Developer, to meet the requirements of any lender or Mortgagee for the Project. For the purposes of this Section 7.5.5, a reasonable amendment is one that does not relieve Developer of any of its material obligations under this Agreement or impair the ability of the City to enforce the terms of this Agreement. The Parties further agree that any reasonable amendments to the Mortgagee Protection provisions of this Agreement required to conform to current industry practice would qualify as an Administrative Amendment and may be processed in accordance with the provisions of Section 7.2.1 of this Agreement. 7.6 Covenants Bindin� on Successors and Assi�ns and Run with Land. Except as otherwise more specifically provided in this Agreement, this Agreement and all of its provisions, rights, powers, standards, terms, covenants and obligations, shall be binding upon the Parties and their respective successors (by merger, consolidation, or otherwise) and assigns, and all other persons or entities acquiring the Property, or any interest therein, and shall inure to the benefit of the Parties and their respective successors and assigns, as provided in Government Code section 65868.5. 7.7 Notice. Any notice, demand ar request which may be permitted, required or desired to be given in connection herewith shall be given in writing and directed to the City and Developer as follows: If to the City: City of Redwood City 1017 Middlefield Road Redwood City, CA 94063-0391 Attention: City Manager Telephone: (650) 780-7300 with a copy to: City of Redwood City 1017 Middle�eld Road Redwood City, CA 94063-0391 Attention: City Attorney Telephone: (650) 780-7200 If to Developer: Stanford University Vice President, Land Buildings and Real Estate 3160 Porter Drive, Suite 200 Palo Alto, CA 94304 Attention: Robert Reidy Telephone: (650) 724-1398 35 ATTY/AGR/2013.134/STANFORD DEVELOPMENT AGREEMENT REV: 08-14-13 PT