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<br />Mar. 4. 2004 11: 59 AM <br /> <br />BARNA GUZY & STEFFEN LTD <br /> <br />No.799B P.6 <br /> <br />cancellation of this Agreement. All of the contingencies set forth in this Agreement are <br />specifically stated and agreed to be for the sole and exclusive benefit of the Seller and the Seller <br />shall have the right to unilaterally waive any contingency by written notice to Buyer. <br /> <br />ARTICLE vm <br />"AS IS" BASIS <br /> <br />8.1 It is specilically agreed between the parties that the Seller is selling and the Buyer <br />is purchasing the Property in an "As Is" condition with no warranties by Seller. Buyer shall <br />review the Property and conduct his own due diligence regarding the acceptability of this <br />Property for his purposes. Additionally Buyer's letter dated February 25, 2004, is attached <br />hereto as Exhibit B and the representations made therein are incorporated into this Agreement. <br /> <br />ARTICLE IX <br />REAL ESTATE BROKER <br /> <br />9.1 Neither Buyer nor Seller has created any liability for any broker's fee or <br />comIDlSSlon in connection with this Agreement or the consummation of the transaction <br />contemplated hereby. <br /> <br />ARTICLE X <br />GENERAL <br /> <br />10.1 Survival. The respective representations, warranties, covenants, indemnities and <br />agreements of the parties hereto, including those made in or resulting from any certificates, <br />instruments or ancillary documents delivered pursuant to this Agreement or in connection. <br />herewith, shall survive the Closing under this Agreement and provided in this Agreement and the <br />transactions contemplated herein and continue in full force and effect without limitation. <br /> <br />10.2 Waivers. No action taken pursuant to this Agreement, including any investigation <br />by or on behalf of either party, shall be deemed to constitute a waiver by the party taking such <br />action of compliance with any representation, warranty, covenant or agreement contained herein <br />and/or in any ancillary documents. <br /> <br />10.3 Bindinlr Effect: Benefits. This Agreement shall inure to the benefit of the parties <br />hereto and shall' be bindirig upon the parties hereto and their respective heirs, $Uccessors and <br />assigns. Except as otherwise set forth herein, nothing in this Agreement, expressed or implied, is <br />intended to confer on any person other than the parties hereto or their respective heirs, successors <br />and assigns any rights, remedies, obligatioDS, or other liabilities under or by reason of this <br />Agreement. <br /> <br />10.4 Notices. All notices, requests, demands and other communications which are <br />required to be or may be given under this Agreement shall be in writing and shall be deemed to <br />have been duly given when delivered in person or transmitted by telex or facsimile or upon <br /> <br />-5- <br />