2014_0421_CCpacket - Laserfiche WebLink

Home

B. The Buyer shall pay for: (i) All MPCA charges for wark, services, communications and meetings initiated or requested by Buyer after the Joint Meeting. (ii) The maintenance and operation of the monitoring wells and all environmental remediation, reporting and monitoring required by the MPCA after Closing. (iii) All fees and charges charged by consultants, contractors, engineers, representatives and attorneys retained by the Buyer for services provided in connection with the Buyer's participation in the VIC program and the environmental remediation, reporting and monitoring required by the MPCA. (iv) All fees and charges charged by consultants, contractors, engineers, representatives and attorneys retained by Buyer for services connected with the determination of whether the contingencies set forth in Section 3 have been satisfied. The Seller agrees to continue the Seller's participation in the VIC program through the date of Closing and to be responsible for and perform all remediation, reporting and monitoring required by the MPCA prior to Closing. The Buyer agrees to be responsible for and perform all remediation, reporting and monitoring required by the MPCA after Closing and the Buyer shall defend and indemnify the Seller from all such costs or obligations. This contract is an arm's-length agreement between the parties. The purchase price was bargained on the basis of an "as is, where is" transaction. The Property will be conveyed to Buyer in an "as is, where is" condition with all faults. Seller makes no warranty of condition, merchantability, or suitability or fitness for a particular purpose or for Buyer's intended use of the property for park purposes with respect to the Property. All warranties, except the warranty of title in the closing documents and the representations and warranties set forth in Section 8 above, are disclaimed. 21. Miscellaneous. A. Entire A�reement. This written Agreement constitutes the complete agreement between the parties and supersedes any prior oral or written agreements between the parties regarding the Property. B. Controllin_� Law. This Agreement has been made under the laws of the State of Minnesota, which will control its interpretation. C. Bindin� Effect. This Agreement is binding upon the inures to the benefit of the parties hereto and their respective heirs, executors, administrators, legal representatives, successors and assigns. 11