2006-02-22 CC Packet - Laserfiche WebLink

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courier or personally delivered upon a party or its authorized representative, all as provided above. 11. ASSIGNMENT. Buyer shall have the right to assign this Option to an entity controlled by Buyer. Any other assignment shall require the written consent of Seller, which consent shall not be unreasonably withheld or delayed. Seller may not assign or transfer his interest in the Option without the prior written consent of Buyer, which consent shall not be unreasonably withheld or delayed. Upon such assignment, both the assignee and assignor shall be subject to the terms and conditions of this Option, unless the parties agree otherwise. 12. ENTIRE AGREEMENT. This document constitutes the entire agreement between the parties. No representations, warranties or promises pertaining to this Agreement or the Property shall be binding on any of the parties, except as expressly stated herein. This Agreement may not be changed orally, but only by an agreement signed by the parties. 13. HEADINGS. Headings in this Agreement are for convenience only and shall not be used to interpret or construe its provisions. 14. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Minnesota, irrespective of the domicile of the parties. 15. SURVIVAL. The warranties and representations contained herein shall survive the Closing and delivery of the Deed provided, however, that no action, in law or in equity, alleging breach of the warranties and representations herein shall be commenced more than one year from the date of Closing. 16. BINDING EFFECT. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 4 1'4