2025-009 Ordinance - Laserfiche WebLink

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terminate based on the condition of the Property or the results of its Reports, and the parties shall proceed to Closing upon the terns contained herein without reduction in the Purchase Price and the Earnest Money shall become nonrefundable. 9. PERMITS AND ZONING At any time alter the Fffective Date, Purchaser shall seek and pursue the Permits and Zoning (both as defined herein). (A) Using due diligence and best efforts, and at its sops expense. Purchaser shall seek to secure all permits, authorizations and approvals from federal, state, local or other governmental agency, authority, entity or otherwise, which has or claims to have jurisdiction over the Premises and Purchaser's intended uses thereof' which arc required or may be desired fix Purchaser's intended uses (collectively, the "Permits'). (11) If the Premises is not presently zoned, platted, subdivided or split to permit the transfer, improvement and use of the Premises tux Purchaser's intended uses, separate from any other property of Seller or any other tax parcel, Purchaser may take all necessary and proper steps and proceedings to obtain a change of existing zoning, platting. variance in zoning, subdivision, lot split, consolidation plat. or other order appropriate under the applicable Icdcral, state and local statutes and ordinances, and all amendments thereto, desired for purchaser's intended uses and improvements Rx the Premises and the sale of the Premises tee a separate and legal tax parecl (collectively, the -Zoning-), 10. CLOSING CONDITIONS Section 10.1 Purchaser's Conditions. Purchaser's obligations under this Agreement are conditioned upon the satisfaction of each ol'the following conditions: (A) Seller is able and willing to convey title to the Premises to Purchaser as required by this Agreement, and after the Ellective Date, there is no material adverse change to the Premises. (B) Seller shall have delivered all items required to be delivered by it under this Agreement and shall have performed all of its obligations under this Agreement. Section 10.2 Failure of Conditions. In the event any ofthe conditions set forth in Sections 10.1 or 10.2 are not md, either party may. at its option, waive the condition, or terminate this Agreement, by written notice to the other party thereupon the parties shall be released from any further obligations hereunder each to the other. Upon termination of this Agreement, all funds (including the harnest Money) deposited by Purchaser shall be promptly returned to Purchaser. Bach party shall pay its own legal, experts and consultants' Ices and expenses.