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VISION 123 PROPERTY MANAGEMENT-2007
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VISION 123 PROPERTY MANAGEMENT-2007
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Last modified
1/3/2012 1:56:10 PM
Creation date
6/17/2007 1:00:40 PM
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Contracts
Company Name
VISION 123 PROPERTY MANAGEMENT
Contract #
A-2007-110
Agency
PUBLIC WORKS
Council Approval Date
5/7/2007
Destruction Year
0
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<br />20. Continaency. It is understood and agreed between the Parties hereto that the <br />completion of this transaction, and the escrow created hereby, is contingent upon the specific <br />acceptance and approval of the City herein. The execution of these documents and the <br />delivery of same to Escrow Agent constitutes said acceptance and approval. <br /> <br />21. Modification and Amendment. This PSA may not be modified or amended except in <br />writing signed by the Seller and City. <br /> <br />22. Partial Invalidity. Any provision of this PSA that is unenforceable or invalid or the <br />conclusion of which would adversely affect the validity, legality, or enforcement of this PSA shall <br />have no effect, but all the remaining provisions of this PSA shall remain in full force. <br /> <br />23. Captions. Captions and headings in this PSA, including the title of this PSA, are for <br />convenience only and are not to be considered in construing this PSA. <br /> <br />24. Governina Law. This PSA shall be governed by and construed in accordance with the <br />laws of the State of California. <br /> <br />25. No Reliance bY One Partv on The Other. Each party has received independent legal <br />advice from its attorneys with respect to the divisibility of executing this PSA and the meaning of <br />the provisions hereof. The provisions of this PSA shall be construed as to their fair meaning, and <br />not for or against any party based upon any attribution to such party as the source of the <br />language in question. <br /> <br />26. No Third Partv Beneficiary. This PSA is intended to benefit only the Parties hereto and <br />no other person or entity has or shall acquire any rights hereunder. <br /> <br />27. Duty To Cooperate Further. Each party hereby agrees that it shall, upon request of the <br />other, execute and deliver such further documents On form and substance reasonably acceptable <br />to the party to be charged) and do such other acts and things as are reasonably necessary and <br />appropriate to effectuate the terms and conditions of this PSA, without cost. <br /> <br />28. Applicability of Aareement To Assianees. This PSA shall be binding upon and shall <br />inure to the benefit of the successors and assigns of the Parties to this PSA. <br /> <br />29. Authority to Execute Aareement. Each undersigned represents and warrants that its <br />signature herein below has the power, authority and right to bind their respective Parties to each <br />of the terms of this PSA, and shall indemnify City fully, including reasonable costs and attorney's <br />fees, for any injuries or damages to City in the event that such authority or power is not, in fact, <br />held by the signatory or is withdrawn. <br /> <br />Page 6 of9 <br /> <br />Seller Initials <br /> <br />/1{ <br /> <br />CAO Initials~ <br />
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