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ExhibatA - Ordinance 2001-14 of this Agreement, that having been given the opportunity to inspect the Premises, Purchaser is relying solely on (i) its own investigation of the Property and the Seller's representations and warranties made herein. Except as otherwise set forth herein, Seller is not liable or bound in any manner by any oral or written statements, representations or information pertaining to the Premises, or the operation thereof, furnished by any real estate broker, agent, employee, servant or other person. Except as otherwise set forth herein, Purchaser further acknowledges and agrees that to the maximum extent permitted by law, the sale of the Premises as provided for herein is made on and "AS IS" condition and basis WITH ALL FAULTS. Except as otherwise set forth herein, Purchaser and anyone claiming by, through or under Purchaser hereby fully and irrevocably releases _ Seller, its employees, officers, directors, shareholders, representatives and agents for any cost, loss, liability, damage, expense, demand„ action or cause of action arising from or related to the breach of any representation, warranty, promise, covenant, agreement or guaranty not expressly made in this Agreement, any construction defects, errors, omissions or other conditions. The provisions of this Paragraph 5 shall be binding upon Purchaser, its successors and assign and shall survive the Closing. 6. REPRESENTATIONS AND WARRANTIES. Seller represents and warrants to Purchaser that: :(a) Seller is the owner of good and marketable indefeasible fee simple title in and to . the Premises; ' (b) Seller has the full power and authority to execute this Agreement and to perform all of the obligations of Seller u.nder this Agreement and that this Agreement constitutes a legal, valid and binding obligation of Seller and is enforceable against Seller; (c) The execution and performance of this Agreement by Seller will not conflict with or result in a breach or default of any provisions of any other contract to which Seller is a party or of any federal, state or local law, ordinance, code rule or regulation; 7. CONDITIONS TO PURCIiASER'S OBLIGATIONS. (a) The obligation of Purchaser to consummate the transaction contemplated by this Agreement is conditioned upon the fulfillment of each of the following conditions as of the Closing Date (all or any portion of which may be waived in whole or in part at or prior to Closing): (i) The Village of Mayfield Council has approved the transaction contemplated herein; (ii) The Title Company shall be prepared to issue the Title Policy in the amount of the Purchase Price; (b) If, as of the Closing Date, any of the conditions of subsection 7(a) hereof are not fulfilled, in whole or in part, or if at any time prior to the Closing Date, Purchaser