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this Contract; or (ii) Buyer shall have the right to terminate this Contract, in which event all rights <br /> and obligations of the parties under this Contract shall expire, and this Contract shall become null <br /> and void. The inability of Seller to convey good and marketable fee simple title to the Property on the <br /> Closing Date shall not constitute a default by Seller under this Contract unless such inability is <br /> caused by a defect in Seller's title to the Property which is not a Permitted Exception under this <br /> Contract and which arises subsequent to the expiration of the Feasibility Period, solely by reason of <br /> an affirmative act or omission of Seller. <br /> C. Buyer Default; Seller Remedies. In the event Buyer shall fail to perform <br /> or comply with any of the obligations to be performed by Buyer under the terms and provisions of <br /> this Contract due to circumstances or conditions which constitute a default by Buyer under this <br /> Contract, and Buyer fails to cure the same within fifteen (15) days after written notice thereof from <br /> Seller, then Seller, upon giving written notice to Buyer, shall be entitled to receive from Escrow <br /> Agent, and Escrow Agent shall in fact deliver to Seller, all Earnest Money then held by Escrow <br /> Agent pursuant to this Contract, as liquidated damages, and as Seller's sole and exclusive remedy, <br /> and thereupon this Contract shall be terminated; provided, however, that the foregoing liquidated <br /> damages shall not apply to any duty, obligation, liability or responsibility which Buyer may have <br /> under the indemnification provisions of Section 10 of this Contract, as to which Seller shall have all <br /> rights and remedies provided for or allowed by law or in equity. <br /> d. This Section 18 shall survive termination of the Contract. <br /> 19. Interpretation. The Section headings are inserted for convenience only and are in <br /> no way intended to interpret, define, or limit the scope or content of this Contract or any provision <br /> hereof. If any party is made up of more than one person or entity, then all such persons and entities <br /> shall be bound jointly and severally, even though the defined term for such party is used in the <br /> singular in this Contract. <br /> 20. Possession; Risk of Loss. Except as to matters covered by Buyer's indemnity in <br /> Section 10, Seller shall bear the risk of loss to the Property until the Closing. <br /> Seller shall deliver full and exclusive possession of the Property to Buyer at Closing in the <br /> same condition that the Property exists on the Effective Date of this Contract, subject to fire, weather <br /> and other natural occurrences, and any changes due to Buyer's tests and inspections conducted <br /> pursuant to Section 10. <br /> For a period of ten (10) days subsequent to Closing (the "Removal Period"), Seller shall <br /> have the right, and the obligation, to enter upon the Property to remove items of personal property at <br /> Seller's sole cost and expense. <br /> 21. Survival. All representations, warranties, covenants and agreements made by the <br /> parties hereto shall be reasserted at Closing and shall survive the consummation of the purchase and <br /> sale of the Property on the Closing Date, the delivery of the deed and the payment of the Purchase <br /> Price for a period of sixty (60) days. Seller shall, at or within sixty (60) days after the Closing, and <br /> without further consideration, execute, acknowledge and deliver to Buyer such other documents and <br /> instruments, and take such other action as Buyer may reasonably request or as may be reasonably <br /> necessary to more effectively transfer to Buyer the Property and to fulfill the obligations set forth <br /> herein. Notwithstanding anything to the contrary set forth in this Agreement, the indemnification <br /> provisions of Section 10 of this Contract shall also survive any termination of this Contract. <br /> Page 10 of 27 <br /> Attachment number 1 \n <br /> G-4 Page 141 <br />