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Agenda - Council - 03/23/2010
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Agenda - Council - 03/23/2010
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3/18/2025 2:33:10 PM
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3/18/2010 3:32:18 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/23/2010
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16. NOTICES. All notices required herein shall be in writing and delivered <br />personally or mailed or sent by a nationally recognized delivery service to the address as shown <br />above and, if mailed or sent by a nationally recognized delivery service, are effective as of the <br />date of mailing. <br />17. REMOVAL OF DEBRIS. SELLER agrees to remove ALL DEBRIS and all <br />personal property not included herein from the Property by the Closing Date. <br />18. CONTINGENCY. BUYER'S funds for the PurchW Price are from the <br />Metropolitan Council Revolving Acquisition Loan Fund program. Final approval for the loan <br />from the Metropolitan Council has not been received by BAR as of the date of this <br />Agreement. Therefore, this Agreement is contingent upon- 11tTYE$tVS receipt, prior to the <br />Closing Date of final approval from the Metropolitan Council that it with loan to BUYER the <br />Purchase Price funds. In the event said approval is not granted on or be' .the Closing Date, <br />this Agreement will be null and void, notwithstanding anything herein to the c ontrary and the <br />Earnest Money paid herein will be refunded to BUYER. <br />19. NOTICES. All notices required herein: shall' be-. in writing and delivered <br />personally or mailed or sent by a nationally recognized delivery service tot eh address as shown <br />above and, if mailed or sent by a nationally recognized deliver, service, are effective as of the <br />date of mailing. <br />20. BROKERS. Each party represents Chit -they are not obligated to any real estate <br />or business broker as a result of this transactio Each partyx t�by indemnifies the other for any <br />broker's or agent's fees. <br />21. MINN`OTA LAS?. This Agreement shall be governed by the laws of the State <br />of Minnesota. <br />22. MISCELLANEOUS. <br />a. - IS OF THE ESSENCE FOR ALL PROVISIONS OF THIS <br />AGIMENT, <br />23. ADDITIONAL TERMS. <br />a. If any part of this agreement or any part or any provision thereof shall be <br />adjudicated to be void or invalid, then the remaining provisions hereof not <br />specifically so adjudicated to be invalid shall be executed without <br />reference to the part or portion so adjudicated, insofar as such remaining <br />provisions are capable of execution. <br />b. The headings of the paragraph and subparagraphs of this agreement are for <br />convenience and reference only, and do not form a part hereof and in no <br />way interpret or construe such paragraphs and subparagraphs. <br />10 <br />
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