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any Hazardous Substance on the Property, whether such Hazardous Substance is located <br />on or under the Property, or has migrated from or to the Property. <br />11. INDEMNITY. Buyer agrees to indemnify, hold harmless and defend Seller or anyone <br />acting on its behalf for, from and against any and all Claims (including without limitation <br />all Claims arising under any Environmental Law and all Claims arising at common law, <br />in equity or under a federal, state or local statute, rule or regulation) past, present and <br />future, existing and contingent, known and unknown arising out of, resulting from, or <br />relating to the condition of the Property. The foregoing shall apply to any condition of <br />the Property, known or unknown, contemplated or uncontemplated, suspected or <br />unsuspected, including without limitation the presence of any Hazardous Substance on <br />the Property, whether such Hazardous Substance is located on or under the Property, or <br />has migrated from or to the Property, regardless of whether the foregoing condition of the <br />Property was caused in whole or in part by the Seller's actions or inactions. <br />12. NOTICES. Notices permitted or required by this Agreement must be in writing and <br />shall be deemed given when delivered in legible form to the party to whom addressed. <br />Notices may be sent by certified mail, fax or e-mail. Notices are effective two business <br />days after they are mailed via certified mail, return receipt requested or, if delivered in <br />any other manner, when the party to whom the notice is directed actually receives the <br />notice. If delivered at the Closing, a notice shall be deemed given when hand -delivered <br />to the party's representative at the Closing. The business addresses of the parties are as <br />follows: <br />Seller: <br />Buyer: <br />City Administrator <br />City of Ramsey <br />7550 Sunwood Drive N.W. <br />Ramsey, MN 55303 <br />Tom Purmort- President <br />612-490-5600 <br />Purmort Homes Inc. <br />2849 209th Lane NW <br />Oak Grove MN 55011 <br />Notices not given in the manner or within the time limits set forth in this Agreement are <br />of no effect and may be disregarded by the party to whom they are directed. <br />13. CLOSING. This transaction shall close on the date 10 business days after Buyer <br />delivers a Notice to Proceed to Seller or on such earlier date as Seller and Buyer may <br />establish by mutual, written agreement. The Closing shall take place at the offices of the <br />Escrow Agent, or at some other place as the parties may mutually agree prior to such <br />date. At the option of either Party, the executed closing documents, Purchase Price and <br />closing costs may be deposited with the Escrow Agent and disbursed by the Escrow <br />Agent pursuant to avoid the necessity for a Closing at which the Parties are present. <br />Purmort PA, v03312016, G>EDA>Accounts>Purmort 6 <br />