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i i i 4.7.2 Buyer will deposit an additional $10,000.00 with Title Company to be held as additional Earnest Money; 4.7.3 Upon Buyer's extension under this Section 4.7, all of the Earnest Money shall become nonrefundable. Provided, however, if Buyer has timely obtained a Phase I and any Phase II investigation recommended by Buyer's Environmental Consultant, and the Environmental Matters contingency set forth in Section 4.6 has not been satisfied, the Earnest Money shall remain refundable with respect to Environmental Matters. Buyer's good faith efforts to satisfy the contingencies described in this Agreement will be sufficient consideration for such extension(s). 5, Closing. The Closing Date will be that date which is 5 business days after the earlier of the Contingency Date or the date when Buyer gives the Notice to Proceed. The Closing will take place at the office of Title Company in Roseville,Minnesota,or at such other place as may be agreed to. Seller will deliver possession of the Property to Buyer on the Closing Date,subject to the rights of Tenants under the Leases in their capacity as Tenants only. 5.1 Seller's Closing Documents. On the Closing Date, Seller will execute and/or deliver to Buyer(as applicable) the following (collectively, "Seller's Closing Documents"), all in form and content reasonably satisfactory to Buyer: 5.1.1 Deed. A Limited Warranty Deed conveying the Property to Buyer, free and clear of all encumbrances,except the Permitted Title Exceptions. 5.1.2 Bill of Sale.A Warranty Bill of Sale transferring the Personal Property,free and clear of all encumbrances except encumbrances noted in the Equipment Lease defined in Exhibit E and those encumbrances permitted by Buyer. 5.1.3 Assigmnent and Assumption of Leases and Guaranties.An Assignment and Assumption of Leases and Guaranties assigning to Buyer,with warranties, the Leases, Guarantees,and any Security Deposits,pre- paid rents or collections in force as of the Closing Date,flee and clear of all encumbrances except encumbrances, if any,included within the Leases. 5.1.4 Assignment and Assumption of Surviving Contracts,Permits and Licenses,Warranties and Intangible Property.An Assignment and Assumption of Surviving Contracts, Permits and Licenses,Warranties,and Intangible Property, assigning to Buyer, the Surviving Contracts, Permits and Licenses, Warranties, and Intangible Property, free and clear of all encumbrances, together with the consent of all parties having a right to consent to such assignment,if necessary. 5.1.5 Revised Rent Roll,An updated version of the Rent Roll dated as of the Closing Date certified by Seller to be correct and complete showing no material changes from the Rent Roll attached to this Agreement, except it will include those Leases executdd by Seller between the Contract Date and the Closing Date in accordance with Section 8, and it will exclude those Leases that expire or are terminated between the Contract Date and the Closing Date to the extent permitted by Section 8. 5.1.6 Tenant Estoppel Certificate(s).The Tenant Estoppel Certificate(s)required by Section 12.3 of this Agreetnent,which Tenant Estoppel Certificate(s)must be reasonably acceptable to Buyer. 5.1.7 Notices to Tenants. Notices to Tenants under the Leases, advising them of the sale of the Property and directing them to make future lease payments to Buyer at the place designated by Buyer and Page 9 of 38