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BUNDOLO PROPRETIES - RESERVATION OF EASEMENT 1990
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BUNDOLO PROPRETIES - RESERVATION OF EASEMENT 1990
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10/23/2007 12:35:29 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
12/5/1990
LONG TERM AGREEMENTS - NAME
BUNDOLO
LONG TERM AGREEMENTS - TYPE
EASEMENT AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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• • <br />the purposes expressed herein, provided that nothing contained <br />herein shall preclude such dedication in the future. <br />(10) INDEMNITY. The easements established pursuant to <br />Paragraph (2) hereof shall provide that the owner of Parcel 1 <br />agrees to indemnify, defend and hold harmless the owner of Parcel <br />2 from and against any and. all costs, expenses, claims, <br />liabilities, damages and other obligations (other than ordinary <br />wear and tear) resulting from the entry by the owner of Parcel 1, <br />its tenants, sub-tenants, suppliers, employees, customers, <br />invitees, and agents on to Parcel 2. Further, such easements shall <br />provide that the owner of Parcel 2 agrees to indemnify, defend and <br />hold harmless the owner of Parcel 1 from and against any and all <br />costs, expenses, claims, liabilities, damages and other obligations <br />(other than ordinary wear and tear) resulting from the entry by the <br />owner of Parcel 2, its tenants, sub-tenants, suppliers, employees, <br />customers, invitees, and agents on to Parcel 1. <br />(11) ARBITRATION. Each easement established pursuant hereto <br />shall further provide that in the event of .any dispute between the <br />Parcel owners with respect to the terms or provisions of an <br />easement granted hereunder or this Agreement, such dispute shall. be <br />settled by binding arbitration in Alameda County, California, in <br />accordance with the rules of the American Arbitration Association, <br />and j udgment entered upon the award rendered may be enforced by <br />appropriate judicial action. Such arbitration shall be conducted <br />by one arbitrator which is mutually acceptable to the parties <br />involved in such dispute to be selected within thirty (30) days <br />following notice by one party to the other of the need for <br />- 8 - <br />
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