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Claims (including without limitation all Claims arising under any Environmental Law
<br />and all Claims arising at common law, in equity or under a federal, state or local statute,
<br />rule or regulation), past, present and future, known and unknown, existing and
<br />contingent, arising out of, resulting from, or relating to the condition of the Property, and
<br />Buyer hereby waives any and all causes of action (including without limitation any right
<br />of contribution) Buyer had, has or may have against Seller and anyone acting on its
<br />behalf with respect to the condition of the Property, whether arising at common law, in
<br />equity or under a federal, state or local statute, rule or regulation. The foregoing shall
<br />apply to any condition of the Property, known or unknown, contemplated or
<br />uncontemplated, suspected or unsuspected, including without limitation the presence of
<br />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 />12. 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 />13. 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 or e-mail. Notices are effective two business days
<br />after they are mailed via certified mail, return receipt requested or, if sent by email, upon
<br />email transmission (provided that any email transmission that occurs after 5:00 pm
<br />Pacific Time will be deemed provided on the following day). If delivered at the Closing,
<br />a notice shall be deemed given when hand -delivered to the party's representative at the
<br />Closing. The business addresses of the parties are as follows:
<br />Seller:
<br />Buyer:
<br />City Administrator
<br />City of Ramsey
<br />7550 Sunwood Drive N.W.
<br />Ramsey, MN 55303
<br />Email: pbrama@cityoframsey.com
<br />CAP Acquisitions, LLC
<br />Scott Morris
<br />120 West Cataldo Ave., Suite 100
<br />Spokane, WA 99201
<br />Email: scottm@inlandconstruction.com
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