GATEWAY CENTER Sample Clauses

GATEWAY CENTER. All that certain real property situated in the County of Sacramento, State of California, described as follows: PARCEL A: PARCEL 4, AS SHOWN ON THAT CERTAIN CERTIFICATE OF COMPLIANCE OF LOT LINE ADJUSTMENT RECORDED NOVEMBER 24, 2008 IN BOOK 20000000 XXXX 007, OFFICIAL RECORDS OF THE COUNTY OF SACRAMENTO, STATE OF CALIFORNIA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: ALL THAT PORTION OF PARCEL 3 AS RECORDED IN THE LOT LINE ADJUSTMENT RECORDED IN BOOK 20000000, XXXX 0164, AND PARCEL 1 AS RECORDED IN THE LOT LINE ADJUSTMENT RECORDED IN BOOK 20000000, XXXX 0157, OFFICIAL RECORDS OF THE COUNTY OF SACRAMENTO, STATE OF CALIFORNIA, AND DESCRIBED AS FOLLOWS: COMMENCING AT A FOUND COTTON SPINDLE WITH WASHER STAMPED "LS 6947" MARKING THE CENTERLINE INTERSECXXXX XX XXXXX XXXXXXX XXXXXXXXX XXX XXXXXXXXX XXXXXX XX XXXXN ON THE FINAL MAP OF PROMENADE AT NATOMAS FILED IN BOOK 341, MAPS PAGE 12 OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE CENTERLINE OF SAID PROMENADE CIRCLE SOUTH 00° 37. 56" EAST, 684.32 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE EASTERLY HAVING A RADIUS OF 600.00 FEET; THENCE SOUTHERLY 178.02 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 17° 00. 00"; THENCE SOUTH 17° 37. 56" EAST, 20.67 FEET; THENCE SOUTH 00° 37. 56" EAST, 113.97 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 00° 37. 56" EAST 450.12 FEET TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE NORTHERLY HAVING A RADIUS OF 625.00 FEET TO WHICH A RADIAL BEARS SOUTH 06° 29. 39" WEST; THENCE WESTERLY 80.59 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 07° 23. 16"; THENCE TANGENT TO SAID CURVE NORTH 76° 07. 05" WEST, 584.14 FEET; THENCE NORTH 35° 20. 14" WEST, 309.84 FEET; THENCE NORTH 55° 50. 17" WEST, 32.59 FEET; THENCE NORTH 31° 29. 02" WEST, 30.13 FEET; THENCE NORTH 00° 21. 59" WEST, 45.64 FEET; THENCE NORTH 89° 22. 19" EAST, 12.67 FEET; THENCE NORTH 54° 41. 02" EAST 43.16 FEET; THENCE SOUTH 35° 18. 50" EAST, 294.27 FEET; THENCE NORTH 33° 43. 16" EAST, 233.70 FEET; THENCE NORTH 40° 19. 00" WEST, 106.41 FEET; THENCE NORTH 49° 41. 02" EAST, 62.00 FEET; THENCE NORTH 40° 19. 00" WEST, 25.88 FEET; THENCE NORTH 49° 41. 00" EAST, 30.09 FEET; THENCE NORTH 00° 37. 26" WEST, 155.40 FEET; THENCE NORTH 89° 22. 34" EAST, 66.88 FEET; THENCE SOUTH 00° 37. 26" EAST 310.00 FEET; THENCE NORTH 89° 22. 34" EAST, 67.19 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHERLY HAVING A RADIUS OF 600.00 FEET; THENCE EASTERLY 178.02 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 17° 00. 00"; THENC...
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GATEWAY CENTER. Long's Drugs has a right of first refusal to purchase the land under its store at fair market value, under certain circumstances.
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GATEWAY CENTER. Notwithstanding anything to the contrary contained in Sections 2.6(a), 3.1(a)(iii), 3.1(a)(iv), 3.2(b) and 3.2(c), Seller and Buyer shall have until February 15, 2002 to obtain the estoppel for the Ground Lease, the Lender's Consent and the Ground Lessor's Consent for Gateway Center. Seller (but not Buyer) shall have the right (by giving notice to Buyer), but not the obligation, to delay the Closing for Gateway Center for an additional period or periods to a date not later than June 30, 2002, to provide Seller and Buyer with additional time to obtain the estoppel for the Ground Lease, the Lender's Consent and the Ground Lessor's Consent for Gateway Center and the Closing as to Gateway Center only shall be deferred for such period or periods. If this Agreement is terminated as to Gateway Center due to the failure to obtain the estoppel for the Ground Lease or the Ground Lessor's Consent, the Purchase Price for the Properties shall be reduced by the amount of the Purchase Price allocated to Gateway Center, that portion of the Option Payment in column A of Exhibit R allocated to Gateway Center shall be deemed released to Seller, that portion of the Additional Deposit in column B of Exhibit R allocated to Gateway Center shall be returned to Buyer and the term "Deposit" shall be reduced by the amount in column C of Exhibit R allocated to Gateway Center. If this Agreement is terminated as to Gateway Center due to the failure to obtain the Lender's Consent, and Buyer has not satisfied the conditions enumerated in Section 3.2(c) with respect to the assignment and assumption of the Loan, the Purchase Price for the Properties shall be reduced by the amount of the Purchase Price allocated to Gateway Center, that portion of the Option Payment in column A of Exhibit R allocated to Gateway Center shall be deemed released to Seller, that portion of the Additional Deposit in column B of Exhibit R allocated to Gateway Center shall be returned to Buyer and the term "Deposit" shall be reduced by the amount in column C of Exhibit R allocated to Gateway Center . If this Agreement is terminated as to Gateway Center due to the failure to obtain the Lender's Consent (even if such failure is only because the estoppel for the Ground Lease and/or the Ground Lessor's Consent is not obtained), and Buyer has satisfied the conditions enumerated in Section 3.2(c) with respect to the assignment and assumption of the Loan, the Purchase Price for the Properties shall be reduced by the amoun...
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Related to GATEWAY CENTER

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