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SOUTHERN PACIFIC - FT 033632
City of Pleasanton
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SOUTHERN PACIFIC - FT 033632
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11/1/2007 4:42:37 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
7/20/1988
LONG TERM AGREEMENTS - NAME
SOUTHERN PACIFIC TRANSPORTATION
LONG TERM AGREEMENTS - TYPE
PURCHASE AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
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<br />1Q. PROBATIONS AND EXPENSES <br /> <br />10.1 Real property taxes shall be cancelled as of the Closing Date. <br />Assessments of record which are not yet due shall be assumed by Buyer. <br />Rentals shall be prorated as of the Closing Date. <br />10.2 A11 recording fees, documentary transfer taxes, Escrow fees and any <br />costs connected with the closing of this sale shall be charged to <br />Buyer. <br />11. POSSESSION <br />Possession of the Property shall be delivered to Buyer at, and the rents, <br />issues and profits of the Property shall accrue to Buyer from, the Closing <br />Date. <br />12. INTEGRATION <br />The contract resulting from Seller's acceptance hereof contains the entire <br />agreement of the parties and cannot be amended or modified except by a <br />written agreement. <br />13. BROKERAGE COMMISSIONS <br />The parties acknowledge and represent that there is no person who is <br />entitled to a commission, finder's fee or other like compensation arising in <br />any manner from this Agreement. Each party agrees to defend, indemnify and <br />hold the other party harmless from and against each claim for commission or <br />finder's fee, and the costs and expenses incurred by the other party in <br />connection with such claims which are asserted against the other party by a <br />person or party other than the Broker who alleges that it was engaged or <br />retained by such party, or that it was the procuring cause or was <br />instrumental in consummating this Agreement. <br />14. INTERPRETATION <br />This Agreement shall be construed, interpreted and applied in accordance <br />with the laws of the State of California. <br />15. AUTHORITY OF BUYER-'S REPRESENTATIVES <br />The person or persons executing this Agreement on behalf of Buyer expressly <br />represent and warrant that they are authorized by Buyer to enter into this <br />Agreement on Buyer's behalf and that execution of this Agreement by such <br />persons constitutes a binding obligation of Buyer. <br />16. ASSIGNABILITY <br />Buyer shall not assign Buyer's rights or interests under this Agreement <br />without the express written consent of Seller. In the event Seller consents <br />to an assignment by Buyer of Buyer's rights and interest under this <br />Document 0044 <br />Page 5 of 8 <br />
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