CCP 06-16-1997 - Laserfiche WebLink

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... 'I I further obligation to the other hereunder and the parties shall execute an agreement in recordable -. Cow canceling this Agreement. I 10. surrABll..ITY; INSPECTION PERIOD. (A) purchaser shall have from the date hereof until ~ 1997, (the "Inspection I Period") to determine whether the Property is suitable for Purchaser's intended development and operation with regard to the following criteria (the "Purchaser's Criteria"). purcbaser shall use I diligc:ot, good faith efforts to satisfy the Purchaser's Criteria. To assist Purchaser in its determination of the suitabilit). of the Property for the intended I nse, Seller shall, within U days ofthe datc hereof, deliver to Purchaser copies of all documents which pertain to restrictive covenants, plans, plats, surveys, reports, tests, studies, title materials (including copies of exception documents referenced in the title poliey or title I oommitment, as the case may be), and enviromnental information that are in Seller's pOSSCSliion. (1) Purcbaser may, at its sole risk, cost and expense, conduct or cause to be I Conducted soil conditions, and/or hazardous materials engineering tests and/or enviromnental assessments of the Land and in this cOiUlection, it or its designated agents may enter upon the Land for purposes of inspection. soil analysis, core drilling or other .. tests that may be deemed necessary or desirable by Purchaser or its engineer (including, without limitation, engineering tests to determine the existence, if any, of any geological faults in or undermining of the subsurface of the Land and the location thereOf). I Purchaser sha11 restore or repair any damage caused, related to or arising out of Purchaser's conducting of these tests. Purchaser shall indemnify, hold harmless and, at Seller's option, defend Seller against any and all claims, actions, causes of actions, I expenses, oosts, penalties and liability arising out of its worle or those of its employees, agents or contractors on the Land which indemnity shall also include the payment of reasonable attorneys' fees. I (2) Purchaser shall determine whether the improvements contemplated by purchaser for the Property and the use thereof are permitted by all governmental or quasi- I governmental authority (local, state or federal), including but not limited to zoning, S1.1bdivision and special use authorities. (3) Purchaser, at its sole cost and expense, sha11 detennine that it shalt have I the right to construct and operate upon the Property, upon proper application to the appropriate governmental authorities and at a cost reasonably acceptable to Purchaser. its I proposed buildings and other improvements. Said applications and approvals (the "Governmental Approvals") shall include, but shall not be limited to, the pTopet zoning and all other authority to construct Purchaser's buildings and all other necessary or I desirable improvements (including Purchaser's signage). .. 6 I m'd 61'~ l.G6 Z19 .. .tJ'd '3)H3G '8 A~~E1 ~l:H 1.661-~l-Nl11'