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37-91 Purchase 1360 Belle - Parking Garage
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37-91 Purchase 1360 Belle - Parking Garage
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Last modified
5/14/2013 3:06:29 PM
Creation date
9/5/2003 9:51:49 AM
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Template:
Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
6/3/1991
Highlight
ID:
1
Creator:
JOHNSR
Created:
5/14/2013 3:06 PM
Modified:
5/14/2013 3:06 PM
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affecting the Premises. Each such contract, agreement, and lease may <br />be cancelled by Buyer upon not more than thirty (30) days' notice and <br />without payment of premium or penalty therefor. <br /> <br /> (h) Ail water, sewer, electric, natural gas, telephone and <br />drainage facilities, and all other utilities required for the normal <br />operation of the Premises, are installed to the Premises, are <br />connected with valid permits, and are adequate to service the Premises <br />and to permit full compliance with the requirements of law. All <br />utility lines serving the Premises -are located either within the <br />boundaries of the Premises, or within lands dedicated to public use, <br />or within recorded easements for such purpose. <br /> <br /> (i) Ail of the.information concerning Seller and the Premises <br />provided to Buyer pursuant to section 5 hereof or otherwise is and <br />shall be true, complete, and not.misleading.. <br /> <br /> (j) No hazardous substances, as defined by the Comprehensive <br />Environmental Response, Compensation and Liability Act of 1980 <br />("CERCLA") 42 USC Section 9601(14), pollutants or contaminants, as <br />defined in CERCLA, 42 USC Section 9604(a)(2), or hazardous waste, <br />as defined by the Resource Conservation and Recovery Act ("RCRA"), <br />42 USC Section 6903(5), or other similar applicable federal or state <br />laws and regulations,_ including, but not limited to, asbestos, PCB's, <br />and urea formaldehyde, have been generated, released, stored, or <br />deposited over, beneath, at, or on the Premises or on or in any <br />structures located on the Premises, from any source whatsoever, by <br />Seller, its predecessors in interest in the Premises, or any other <br />person. <br /> <br /> Ail representations and warranties hereinabove set forth or <br />contained elsewhere in this Agreement are made to Buyer, Lender, and Buyer's <br />assignee pursuant to section 3 hereof (if any), and shall be deemed to have <br />been confirmed by Seller at Closing with the same force and effect as though <br />such representations and warranties had been made on and as of the Closing <br />Date. All such representations and warranties shall survive the Closing. <br />Notwithstanding anything to the contrary herein, the effect of the <br />representations and warranties made in this Agreement shall not be <br />diminished or deemed to be waived by any inspections, tests, or <br />investigations made by Buyer or its agents. <br /> <br /> 8. Representations and Warranties of Buyer. Buyer makes the <br />following representations and warranties, to the best of its knowledge after <br />due inquiry and inspection of its records and files: <br /> <br /> (a) Buyer is a corporation organized under the laws of <br />Delaware and has full power and authority to enter into this Agreement <br />and to do all other acts required hereunder. <br /> <br />1014/RNS <br /> <br /> <br />
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