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STEADFAST 1 -2005
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STEADFAST 1 -2005
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Last modified
1/3/2012 2:11:17 PM
Creation date
7/21/2005 11:26:21 AM
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Contracts
Company Name
Steadfast
Contract #
A-2005-309
Agency
Planning & Building
Council Approval Date
10/17/2005
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<br />SCHEDULE 1 TO LAND EXCHANGE AGREEMENT <br /> <br />GLOSSARY OF DEFINED TERMS <br /> <br />Capitalized terms not otherwise defined in the Agreement shall have the meaning set forth in this <br />Schedule 1. <br /> <br />"AcQuirine: Partv" shall mean the Party who intends to acquire the Steadfast Land or the <br />City Land, as applicable, affected by condemnation, damage or destruction as described in <br />Article 13. <br /> <br />"Affected Owner" shall mean the Party who owns the Steadfast Land or the City Land, <br />as applicable, affected by condemnation, damage or destruction as described in Article 13. <br /> <br />"Ae:reement" shall mean the Land Exchange Agreement and Joint Escrow Instruction <br />between City and the Steadfast to which this Schedule is attached. <br /> <br />"Bowers License" shall have the meaning set forth in Section 2(b ). <br /> <br />"Bowers Museum" shall mean The Bowers Museum, having an address at 2002 N. Main <br />St., Santa Ana, CA 92706. <br /> <br />"Business Day" means any day, excluding Saturday, Sunday and any day which is a <br />legal holiday under the laws of the State, City or federal government. <br /> <br />"City" shall mean the City of Santa Ana, a charter city duly organized under the <br />Constitution and laws of the State ofCalifomia. <br /> <br />"City Deed" shall mean the grant deed to be duly executed, acknowledged and delivered <br />in recordable form by City in accordance with Section 3(d)(i)(A) conveying to Steadfast good <br />and marketable fee simple title to the City Land. The City Deed shall be in substantially the <br />same form as the form attached hereto as Exhibit D. <br /> <br />"City Land" shall have the meaning set forth in Recital A. <br /> <br />"City Lease Ae:reement" shall have the meaning set forth in Section 3( d)(i)(E). <br /> <br />"City Permitted Exceptions" shall have the meaning set forth in Section 7( a). <br /> <br />"City Preliminary Report" shall have the meaning set forth in Section 7(a). <br /> <br />"City Property" shall mean and include the City Land together with any and all fixtures, <br />landscaping and other improvements located thereon as of the Closing Date. <br /> <br />"City Supplemental Report" shall have the meaning set forth in Section 7(a). <br /> <br />Schedule 1 <br /> <br />40836735.16 <br />
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