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Science Factory
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8/20/2014 2:16:44 PM
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8/20/2014 2:13:17 PM
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Parks and Open Space
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City the Option Money Payments previously paid. If City does not elect to terminate this <br />Agreement, then this Agreement shall continue in force. <br />17. Representation. The Science Factory and City have each been represented by separate legal <br />counsel of choice with respect to this transaction. <br />18. Counterparts; Pronouns. This Agreement may be executed in one or more counterparts, <br />all of which shall be considered one and the same Agreement and shall be effective when one <br />or more counterparts have been signed and delivered by The Science Factory and City. With <br />respect to any pronouns used, each gender used shall include the other gender and the <br />singular and the plural, as the context may require. <br />19. Governing Law; Interpretation. This Agreement shall be governed by the laws of Oregon. <br />In the event a court of competent jurisdiction holds any portion of this Agreement to be void <br />or unenforceable as written, The Science Factory and City intend that (1) that portion of this <br />Agreement be enforced to the extent permitted by law, and (2) the balance of this Agreement <br />remain in full force and effect. <br />20. Time Is of the Essence. Time is of the essence of this Agreement. <br />21. Entire Agreement/Integration; Modification /Amendments. Once the conveyance of the <br />Building from the City to The Science Factory has been completed, this Agreement and the <br />Ground Lease shall contain the entire agreement of the parties with respect to the Building <br />and shall supersede all prior written and oral negotiations and agreements with respect to the <br />Building. Any modifications, changes, additions, or deletions to this Agreement must be <br />approved by The Science Factory and City, in writing. <br />22. Statutory Notice. <br />THIS INSTRUMENT WILL NOT ALLOW USE OF THE PROPERTY <br />DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND <br />USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS <br />INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY <br />SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING <br />DEPARTMENT TO VERIFY APPROVED USES AND TO DETERMINE ANY <br />LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES AS <br />DEFINED IN ORS 30.930. THE PROPERTY DESCRIBED IN THIS <br />INSTRUMENT MAY NOT BE WITHIN A FIRE PROTECTION DISTRICT <br />PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT TO LAND USE <br />LAWS AND REGULATIONS, WHICH, IN FARM OR FOREST ZONES, MAY <br />NOT AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND <br />WHICH LIMITS LAWSUITS AGAINST FARMING OR FOREST PRACTICES <br />AS DEFINED IN ORS 30.930 IN ALL ZONES. BEFORE SIGNING OR <br />ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO <br />THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR <br />OPTION AGREEMENT - 7 Exhibit C - Page 7 of 8 <br />
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