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9001-18 Authorize Purchase Agreement for Hilliard Square Theater
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9001-18 Authorize Purchase Agreement for Hilliard Square Theater
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5/25/2018 3:27:49 PM
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periods prior to the Closing shall be the responsibility of Purchaser at Closing. All utilities and <br />other amounts customarily prorated in real estate transactions similar to the transaction <br />contemplated by this Agreement (based upon the most recent ascertainable bills if current bills <br />and /or information are not available) shall be prorated at Closing such that all such amounts <br />relating to the Property (a) which relate to periods prior to the Closing shall be the responsibility <br />of Seller and (b) which relate to periods from and after the Closing shall be the responsibility of <br />Purchaser. All prorations shall be final. At Closing, Seller shall have the right to net any <br />amounts owed by Seller with respect to the foregoing against the Purchase Price. <br />ARTICLE 7 i <br />MISCELLANEOUS <br />7.1 Assignment. <br />(a) This Agreement will inure to the benefit of and be binding upon the <br />successors and assigns of each of the parties hereto and their respective successors and assigns, <br />except as provided in subsections (b) and (c) below. <br />(b) Seller may not assign any of its duties or obligations hereunder without the <br />prior written consent of Purchaser, which consent shall not be unreasonably withheld, <br />(c) Purchaser may assign any of its rights, duties or obligations hereunder in <br />whole or in part without Seller's consent, provided that, notwithstanding any such assignment, <br />Purchaser shall continue to be obligated and liable for all of Purchaser's obligations and <br />liabilities under this Agreement. <br />7.2 Notices, Any and all notices and other communications made or given pursuant <br />to this agreement shall be in writing and shall be sufficiently made. or given if transmitted by <br />hand delivery with receipt therefore, by certified or registered mail, postage prepaid, return <br />receipt requested, or by a national overnight delivery service with; guaranteed next -day delivery <br />with receipt therefore, addressed as provided below, or, if the receiving party consents in <br />advance, transmitted and received via telecopy or via such other electronic transmission <br />mechanism as may be available to the parties. If a notice or communication is transmitted by <br />hand delivery, ecrtilled or registered mail or Federal Express or other delivery service, as <br />provided above, then such notice or communication shall be addressed as follows: <br />If to Seller: <br />Robert W, Dobush <br />12b s, S-rt <br />\)4ttL -lw =N oma <br />With a copy to: <br />Jt3N►a UND <br />
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