2012-031 Resolution - Laserfiche WebLink

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The Purchaser's obligation to consummate the closing under this Agreement shall be conditioned upon the satisfaction in all xespects of each and ail of the following on or before the Closing Date: a. All dacnments and other items required #o be delivered by Seller to Purchaser at the Ciosing as provided by the Agreement shall have been delivered in form and substance reasonably satisfactory to Purchaser; b. Seller sha11 have complied with, fulfilled, and pexformed each of the covenants, terms, and condition.s to be complied with, fulfilled or perfarmed by Seller under this Agreement; c. AlI of the representations and warranties made bq Seller in this Agreement shall be true in aIl material respects as of the Closing Date; and, Closing Date. d. Seller shall have caused aIl tenants to vacate the Premises on or before the 5. REVIEW PERIOD Purchaser shall not and this Agreement sha11 not be subject to any review period subsequent to the date of finai execntion of this Agreement to inspect the Premises or to ascertain that the condition of title, zoning, and the physical and envirorunental condition of the Premises (including but not limited to sewage and drainage systems, soils, utilities, any underground storage tanks and piping, environmental assessment and testing, title exanunation(s), traffic patterns, a review of alI zoning ordinances and regulations, local ordinan:ces, use restrictions and other governmental conirols and regulations, a review of the survey of the Premises, if any, and all other matters for which Puxchaser deems necessary) are acceptable to Purchaser. The Purchaser hereby waivers any such review and accepts the prernises "as is". SURVEY OF PREMISES. Purchaser may at its sole cost and expense obtain a survey of the Premises. 7. TITLE INSURANCE. Within ten (10) days of the date of this Agreement, the Purchaser '"rill order a title insurance report and commitment for an owners' title insurance policy foz the Premises and, within seven (7) days after receipt of the report and conomitment, will furnish a copy to the Seller. The Seller will immediately undertake, with due d.iligence, to elirninate those exceptions which the Purchaser is nat required to accept under the texms of this Agreement. If the Seller is unable to eliminate the exceptions and to convey good, marketable and insurable title in accorda.nce with the terms of this Agreement on the Closing Date, the Seller will notify the Purchaser af this and the Purchaser may thereafter: 2