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OPA: Grimshaw House - City of Anaheim

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commenced by Developer against Agency, service <strong>of</strong> process on Agency shall be made by<br />

personal service upon the Executive Director or in such other manner as may be provided<br />

by law. In the event that any legal action is commenced by Agency against Developer,<br />

service <strong>of</strong> process on Developer shall be made in such manner as may be provided by<br />

law.<br />

707. Rights and Remedies Are Cumulative. Except as otherwise expressly stated in<br />

this Agreement, the rights and remedies <strong>of</strong> the Parties are cumulative, and the exercise by<br />

either Party <strong>of</strong> one or more <strong>of</strong> such rights or remedies shall not preclude the exercise by it,<br />

at the same or different times, <strong>of</strong> any other rights or remedies for the same Default or any<br />

other Default by the other Party.<br />

708. Inaction Not a Waiver <strong>of</strong> Default. Any failures or delays by either Party in<br />

asserting any <strong>of</strong> its rights and remedies as to any Default shall not operate as a waiver <strong>of</strong><br />

any Default or <strong>of</strong> any such rights or remedies, or deprive either such Party <strong>of</strong> its right to<br />

institute and maintain any actions or proceedings which it may deem necessary to protect,<br />

assert or enforce any such rights or remedies.<br />

709. Applicable Law. The laws <strong>of</strong> the State <strong>of</strong> California shall govern the<br />

interpretation and enforcement <strong>of</strong> this Agreement.<br />

710. Attorneys’ Fees. In any action between the Parties to interpret, enforce, reform,<br />

modify, rescind or otherwise in connection with any <strong>of</strong> the terms or provisions <strong>of</strong> this<br />

Agreement, the prevailing party in the action or other proceeding shall be entitled, in<br />

addition to damages, injunctive relief or any other relief to which it might be entitled,<br />

reasonable costs and expenses including, without limitation, litigation costs, expert<br />

witness fees and reasonable attorneys’ fees.<br />

800. TRANSFERS AND ASSIGNMENTS OF INTEREST IN PROPERTY OR<br />

AGREEMENT.<br />

801. General Prohibition Against Developer’s Transfers and Assignments. The<br />

qualifications and identity <strong>of</strong> Developer are <strong>of</strong> particular concern to Agency. It is because<br />

<strong>of</strong> those unique qualifications and identity that Agency has entered into this Agreement<br />

with Developer. For the period commencing upon the date <strong>of</strong> this Agreement and until<br />

the expiration <strong>of</strong> the Developer’s Sales Period, no voluntary or involuntary successor in<br />

interest <strong>of</strong> Developer shall acquire any rights or powers under this Agreement, nor shall<br />

Developer make any total or partial sale, transfer, conveyance, assignment, subdivision,<br />

refinancing or other transfer <strong>of</strong> the whole or any part <strong>of</strong> the Site or the Improvements<br />

thereon (collectively, a “Transfer”) without prior written approval <strong>of</strong> Agency, except as<br />

expressly set forth herein. Any proposed total or partial sale, transfer, conveyance,<br />

assignment, subdivision, refinancing or lease <strong>of</strong> the whole or any part <strong>of</strong> the Site, or the<br />

Improvements shall entitle Agency to (i) Agency’s right to terminate this Agreement, as<br />

set forth in Section 704 <strong>of</strong> this Agreement and (ii) Agency’s right to reenter, take<br />

possession <strong>of</strong>, and revest in Agency title to, the Site, as set forth in Section 705 <strong>of</strong> this<br />

53

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