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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 />"Steadfast" shall mean have the meaning set forth in the preamble of the Agreement. <br /> <br />"Steadfast Deed" shall mean the grant deed to be duly executed, acknowledged and <br />delivered in recordable form by Steadfast in accordance with Section 3( d)(ii)(B) conveying to <br />City good and marketable fee simple title to the Steadfast Land. The Steadfast Deed shall be in <br />substantially the same form as the form attached hereto as Exhibit C. <br /> <br />"Steadfast General Assil!nment" shall have the meaning set forth in Section 3(d)(ii)(D). <br /> <br />"Steadfast Land" shall have the meaning set forth in Recital B. <br /> <br />"Steadfast Permitted Exceptions" shall have the meaning set forth in Section 6( a). <br /> <br />"Steadfast Preliminary Report" shall have the meaning set forth in Section 6( a). <br /> <br />"Steadfast Proiect" shall mean the condominium project described on Exhibit H hereto. <br /> <br />"Steadfast Propertv" shall mean and include the Steadfast Land together with any and <br />all fixtures, landscaping and other improvements located thereon as of the Closing Date. <br /> <br />"Steadfast Supplemental Report" shall have the meaning set forth in Section 6(a). <br /> <br />"Steadfast's Transferor's Certificate" shall mean the certificate, to be duly executed by <br />Steadfast under penalty of perjury and delivered by Steadfast in accordance with <br />Section 3(d)(ii)(C) ofthe Agreement, certifying that Steadfast is not a "foreign person" in <br />accordance with the provisions of Section 1445 of the Internal Revenue Code and any similar <br />provisions of applicable state law. <br /> <br />"Steadfast Title Policv" shall mean the standard form of ALTA (Form 1970 B) owner's <br />title policy issued by the Title Company for the City Property as provided in Section 4( a)(iv). <br /> <br />"Title Companv" shall mean First American Title Insurance Company, 1 First American <br />Way, Santa Ana, CA 92707 Phone: (714) 800-3470, Facsimile: (714) 800-3138). <br /> <br />"Use" shall mean residential condominium, retail and flex space (including live/work) <br />condominiums. <br /> <br />Schedule I <br /> <br />40836735.16 <br />
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