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CCP 09-22-1997
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CCP 09-22-1997
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<br /> I <br /> (K) If either party files any action or brings any proceeding against the other arising -- <br /> out of this Agreement, or is made a party to any action or proceeding brought by a third party I <br /> arising out of this Agreement, then as between Purchaser and Seller, the prevailing party (i.e., the <br /> party whose positi on is substantially upheld) shall be entitled to recover, as an element of its <br /> costs of suit and not as damages, reasonable attorneys' fees to be fixed by the court, I <br /> (L) If either party hereto shall be delayed or hindered in or prevented from the <br /> performance of any act required hereunder by reason of strikes, lockout&, labor troubles, fires, I <br /> Acts of God, natural disasters, inability to procure material, failure of power, restrictive <br /> govemmenta1laws or regulations, riots, insurrection, war or other reason of a like nature not the <br /> fault of the party delayed in performing work or doing acts required under this Agreement, the I <br /> period for the performance of any such work or act shall be extended for a period equivalent to <br /> the period of such delay. <br /> (M) Each party represents and warrants to the other that neither it nor its agents or I <br /> fCpresentatives have engaged or dealt with any broker, agent or finder with respect to thc <br /> transaction contemplated herein, and each party agrees to indemnify and hold harmless the other I <br /> party from any and all claims, costs, liabilities and expenses (including court costs and <br /> reasonable attorneys' fees) incurred by the other party as a result of the indemnifYing party's <br /> breach of its representation and warranty hereunder, eI <br /> 17. PlTRCHA!':F.R'S INDEMNIFICATION. <br /> In the event that this Agreement is terminated by either Purchaser or SeUer prior to I <br /> Closing, and notwithstanding the fact that such termination shall release Purch3ser from its <br /> obligation to buy the Property, nothing herein shall be deemed to release Purchaser from any I <br /> liability arising out of Purchasers activities (or those of its employees, agents, or contractors) on <br /> the Land, including, but not limited to, its actions on the Land while exercising its rights <br /> pursuant to Section 10 hereto, This provision shall survive Closing of the transaction herein I <br /> contemplated and the delivery of the Deed. Nor shall any termination of this Agreement relieve <br /> the Purchaser from any of ils obligations or liability under the Contract, unless specifically so <br /> stated in the Contract. I <br /> I <br /> I <br /> I <br /> .. <br /> 13 I <br /> I>l:"d 61>0<. LZ6 cI9 '~'d '3~13a ~ A3la~~a S0:n l.66I-61-d3S <br />
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