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CCP 12-15-1997
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CCP 12-15-1997
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5/8/2007 1:14:09 PM
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<br />"':l.-'; ...., ...... ,........\...lv.. f,".-"\,.': :......\~.'_-~, --------- <br /> . - .. -' - .- . -' - --. . ,',.""\.'. .....'-.,~.._., ~ . - ~ --.... : ....'....... - ..... .. <br /> . '1 <br />V1t6 <br /> I <br /> ahall have been duly ex~eut~d and delivered; that the <br /> execution, delivery, and performance by Cir.y of such -- <br /> documents does not conflict with or violate City's <br /> Articles of Incorporation, Bylaws, or any judgment, <br /> order or decree of any court or arbitrator Or any <br /> agreem~nt by which City is bound; that all ~uch <br /> documents are valid and binding obligations of City and I <br /> are enforceable in accordance with their terms; and <br /> that it will not condition dev~lopment of Seller's <br /> remaining propeI'ty UPUll the removal of Billboards 3 <br /> and/or 4. I <br />L. Broker's Commission. City and Seller represent to each <br /> other that they have nOt had any dealings with any I <br /> bl'oker or finder in connection wiLh Lhe transactions <br /> cont~mplat~d by this Agr~~m~nt. Seller shall indemnify <br /> and hold City harmless from and against any and all <br /> liability to which City may be subjected by any I <br /> broker's, finder's, or similar fee with respect to the <br /> transactions contemplated by this Agreement to the <br /> extent such fee is attributable to any action I <br /> undertaken by or on behalf of Seller or any affiliate <br /> of Seller. City shall indemnify and hold Seller <br /> harmless from and against any and all liability to <br /> which Seller may be subjected by reason of any I <br /> broker's, finder's or similar fee with respect to the <br /> transactions contemplated by this Agreement to the <br /> extent such fee is attribucable to any action .. <br /> undertaken by or on behalf of City. <br />M. survival. All of the covenants, representations and <br /> warranties made in this Agreement or in any schedule!, I <br /> exhibit, certificate, or document delivered in <br /> connection with this Agreement will survive and be <br /> enforceable after Llle Closing. <br />N, Notices. Any notice required or permitted under any I <br /> provision of this Agreement shall be in writing and <br /> shall be deemed to have been give, and if sent by I <br /> certified or registered mail, postage prepaid, to a <br /> party at its address set forth below or to such other <br /> address as a party may designate by means of notice <br /> given hereunder to the other party: I <br /> If to Seller: Morris Communications Corporation <br /> I <br /> With a copy to: William Hale Barrett <br /> I <br /> If to City: Brian Friteinger I <br /> City of Arden Hills <br /> 16 <br /> -- <br /> I <br />
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