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Agenda - Council - 09/26/2023
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Agenda - Council - 09/26/2023
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3/13/2025 11:27:09 AM
Creation date
9/27/2023 11:59:36 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/26/2023
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shall automatically be deemed to have accepted, assumed and agreed to observe or perform all <br />such covenants or provisions after the date of such transfer. <br />8.16. Definition of Certain Terms. As used in this Agreement, the term "Person" means <br />a corporation, association, partnership, limited liability company, trust, estate, governmental <br />agency or other entity, as well as an individual or natural person, unless the context otherwise <br />requires, the term "Permittee" means the respective employees, agents, customers, contractors, <br />licensees, guests and invitees of Aldi and City, and the term "Party" means Aldi or City individually <br />(or "Parties" shall mean Aldi and City collectively) and their respective successors and assigns. <br />The term "business day" when used herein shall mean a weekday, Monday through Friday, except <br />a legal holiday or a day on which banking institutions in the State of Texas are authorized by law <br />to be closed. <br />8.17. Estoppel Certificate. Within 20 days after receipt of a written request therefor, <br />either Party shall deliver to the other a written statement acknowledging that this Agreement is in <br />full force and effect (if the same be true), that this Agreement has not been modified (or if it has, <br />stating such modifications), whether or not the requesting Party is in default, and providing any <br />other pertinent information that the requesting Party might reasonably request with respect to the <br />status of this Agreement or the Overall Parcel. <br />8.18. Index of Exhibits. The following exhibits attached to this Agreement are hereby <br />incorporated herein: <br />Exhibit A— Site Plan <br />Exhibit B — Aldi Property Legal Description <br />Exhibit C — City Property Legal Description <br />Exhibit D — Use Restrictions <br />IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their <br />duly authorized representatives, to be effective as of the date first above written. <br />[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] <br />[Signature and Acknowledgment Pages Follow] <br />11 <br />
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