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21. No consent of either Lessor or Lessee is required for the Beneficiary Parties to <br /> exercise any and all rights and remedies under the Financing Documents and/or the Certificate <br /> Documents. <br /> 22. Nothing contained herein in this Agreement shall constitute any Beneficiary Party <br /> as a joint venturer or partner of Lessor or Lessee. <br /> 23. This Agreement may be executed in any number of counterparts, each of which <br /> counterparts shall be deemed to be an original and all of which together shall constitute but one <br /> and the same Agreement. <br /> 24. The covenants and agreements herein contained shall bind Lessor, Lessee and <br /> their respective successors and assigns, and shall inure to the benefit of the Beneficiary Parties <br /> and their successors and assigns; provided, however, that the provisions of this Agreement shall <br /> not terminate prior to the Maturity Date (as defined in the Security Instrument) and shall remain <br /> effective only for so long as any obligation is outstanding under the Financing Documents. <br /> 25. This Agreement shall be governed by and construed in accordance with the laws <br /> of the State of California without giving effect to the conflict of law principles of said State. <br /> 26. This Agreement shall constitute notice to Lessor of the Financing and the <br /> Beneficiary Parties' interest therein, and of the Beneficiary Parties' written request to receive all <br /> notices sent to Lessee. All notices required or permitted hereunder or under the Ground Lease <br /> shall be in writing and shall be given to the parties as follows: <br /> Lessor: City of Pleasanton <br /> 123 Main Street <br /> Pleasanton, CA 94566 <br /> Attn: Deputy City Manager <br /> Lessee: BLP Partnership, Inc. <br /> 345 Spear Street, Suite 700 <br /> San Francisco, CA 94105 <br /> Attn: <br /> If to the Beneficiary Parties: to Certificateholder Representative: <br /> Citicorp Capital Management Inc. <br /> 1801 California Street <br /> Suite 3700 <br /> Denver, CO 80202 <br /> Attn: Robert M. Lumley, Jr. <br /> to Servicer: <br /> Citicorp Capital Management Inc. <br /> 1801 California Street <br /> -6- <br /> WA801 41614359v6 211488 - 001469/24/2010 1 :07 PM <br />