CCP 03-08-1999 - Laserfiche WebLink

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Recovery Act, and as amended, 42 U.S.C. Sec. 6903(5), and includes all regulations issued pursuant to any of the above statutes, and any unsafe, noxious, toxic or hazardous substance or similar terms under any other state, federal or local law, and any other applicable environmental, land use or similar act, statute, ordinance or regulation or as alleged or determined under common law. The term "Hazardous Substance" includes asbestos and related substances, PCBs, and gasoline, kerosene and all other liquid or viscous petroleum products. Seller has complied and caused the Real Property to comply with all laws, ordinances, rules, regulations, and authorities having jurisdiction over Seller, the Real Property and the use by Seller of the Real Property, relating to any Hazardous Substances or material. 7.10 Business Eauioment. Business equipment is in the same working order as when viewed and inventoried by the City's appraiser. 8. Closing. Subject to the conditions contained herein, the closing shall take place on or before the 10th day of March, 1999 (the "Closing Date") unless otherwise mutually agreed upon in writing by the parties. The closing shall take place at the offices of Peterson Fram & Bergman, P.A. or at such other place as is mutually agreeable. At the closing, Seller shall deliver to Purchaser: 8.1 A Warranty Deed for the Real Property, properly executed on behalf of Seller in recordable form. 8.2 All certificates, instruments and other documents necessary to permit the recording of the Warranty Deed. 8.3 A Bill of Sale for the Business Equipment and Black Dirt properly executed on behalf of Seller, conveying the Business Equipment and Black Dirt to Purchaser with warranty of title thereto, such Bill of Sale to be properly executed on behalf of Seller and subject to no exceptions or encumbrances. The parties acknowledge that the Bill of Sale for the black dirt shall be provided upon completion of negotiations or arbitration as referenced in Section 2.3 of this Agreement. 8.4 A standard Seller's Affidavit with respect to judgments, bankruptcies, tax liens, mechanics liens, parties in possession, unrecorded interests, encroachment or boundary line questions, and related matters, properly executed on behalf of Seller. 8.5 Originals, to the extent that the same are in Seller's possession, or subject to Seller's control, of all documents referred to in Section 5 above. 6 . . . .