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2000-02-23 CC
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2000-02-23 CC
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<br />reo. I. iUUU O.~!~M <br /> <br />11 U 'T~I-O Q rc-'~ <br /> <br />*v~'!J <br />,''' ~ <br />o~~ ,.",,1 vi"'" (a) <br />.... <br />, ",~ <br /> <br />s ,/. <br /> <br />as earnest money ("Earnest Money") which <br />Earnest Money shall be held by ("Es~w Agent") in <br />accordance with an escrow agreement among Seller, Buyer and Escrow Agent. <br /> <br />(b) <br /> <br />$ in cash or by wire transfer of U.S. Federal FW1d~ to be received in <br />Title's tr:ust account b~{ wire transfer, certified or cashier's check on or before the <br />Closing Date. <br /> <br />3. Contingencies. The obligations of Buyer under this Agreement are contingent <br />upon each of the following ("Contingencies"): <br /> <br />(a) Representations and Warranties. The representations and v.-arranties of Seller <br />contained in this Agreement must be true now and on the Closing Date as if made <br />on the Closing Date and Seller shall have delivered to Buyer at dosing a <br />certificate dated the Closing Date, signed by an authorized representative of <br />SeUer, certifying that such representations and warranties are true as of the <br />Closing Date (the "Bring-down Certificate"). <br /> <br />(b) Iiik. Title ~hali have been fOlUld acceptable, or been made acceptable, in <br />accordance \\ith the requirements and terms of Section 6 below. <br /> <br />(c) Performance of Seller's Obli12ations. Seller shall have performed all of the <br />obligations required to be performed by Seller under this Agreement, as and when <br />required by this Agreement. Included within the obligations of Seller under this <br />Agreement shall be the following: <br /> <br />(i) Seller shall allow Buyer, and Buyer's agents, access to the Real <br />property without charge and at all reasonable times fo':.' the pwpose of <br />Buyer's investigation and testing tbe same. Buyer shall pay all costs <br />and expenses of' such IDsestigation and testing and shall hold Seller and <br />the Real Property harmless from all costs and liabilities relating to the <br />Buyer's activities. Buyer shall further repair and restore any damage to <br />the Real Property caused by ()f occurring during Buyer's testing and <br />return the Real Property and/or Pel'Sonal Property to substantiall,. the <br />Same condition as existed prior to such entry. <br /> <br />(ii) Seller shall without charge to Buyer cooperate in Buyer's attempts to <br />obtain all governmental approvals necessa..J' in Buyer's judgment in <br />order to make that use of the Property which Buyer. Seller shall further <br />execute such rezoning applications, plats, environmental workshe.ets <br />and other documents as may be required by governmental bodies to <br />accomplish the foregoing <br /> <br />(Hi) On or before Seller shall deliver to Buyer true and <br />correct copies of all Contracts, Permits, Warranties, Plans, and the <br /> <br />2 <br /> <br />.... L' <br />'k..~ $ <br /> <br />~ <br /> <br />~i' , S~; .Ji.. <br />
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