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05/05/16
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14.2 If Seller defaults on any of its material obligations under this Agreement and fails <br />to cure such default within ten (10) days after receiving written notice thereof, <br />Buyer shall be entitled to exercise any remedies available to Buyer at law or equity <br />for a default by Seller hereunder including, without limitation, (i) the immediate <br />return of the Earnest Money, (ii) to apply for and to receive from a court of <br />competent jurisdiction equitable relief by way of specific performance to enforce <br />Seller's performance of the terms of this Agreement, and/or (iii) to seek and recover <br />from Seller damages for nonperformance of this Agreement for all of Buyer's out- <br />of-pocket costs and fees, including without limitation, reasonable attorneys' fees, <br />accountants' fees and other consultants' fees incurred by Buyer in preparing and <br />negotiating this Agreement, preparing for the Closing, obtaining financing <br />commitments, investigating the status, title and condition of the Property, and other <br />similar and reasonable costs and expenses. <br />14.3 If either party hereto shall bring suit against the other to enforce the terms of this <br />Agreement, the losing party shall pay to the prevailing party the prevailing party's <br />cost and expenses (including, without limitation, reasonable attorneys' fees and <br />costs) incurred in enforcing such prevailing party' s rights under this Agreement. <br />15. Miscellaneous. <br />15.1 Construction. This Agreement shall not be construed more strictly against one party <br />than against the other, merely by virtue of the fact that it may have been prepared <br />primarily by counsel for one of the parties, it being recognized that both Buyer and <br />Seller have contributed substantially and materially to the preparation of this <br />Agreement. <br />15.2 Headinws. The headings preceding the text of the paragraphs and subparagraphs <br />hereof are inserted solely for convenience of reference and shall not constitute a <br />part of this Agreement, nor shall they affect its meaning, construction or effect. <br />15.3 Further Acts. Each party hereto agrees to do such further acts and execute, deliver, <br />file and record such further documents and instruments as may be reasonably <br />necessary to effectuate, evidence, and record the transactions contemplated by this <br />Agreement. <br />15.4 Severabilitv. The invalidity or unenforceability of any term or terms of this <br />Agreement shall not invalidate, make unenforceable or otherwise affect any other <br />term of this Agreement, and this Agreement shall be construed in all respects as if <br />such invalid or unenforceable provision were omitted, and in such event, the <br />remaining terms of this Agreement shall remain in full force and effect. <br />15.5 Governinm Law: Parties in Interest. This Agreement shall be governed by and be <br />construed in accordance with the laws of the State. <br />15.6 Computation of Time. In computing any period of time pursuant to this Agreement, <br />the day of the act or event from which the designated period of time begins to run <br />will not be included. The last day of the period so computed will be included, unless <br />US.106153450.02 DRAFT <br />
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