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9. INSPECTION PERIOD.
<br />a. Except as otherwise provided in Section 6, Buyer shall have from the date that
<br />Buyer deposits the Earnest Money with Escrow Agent to July 01, 2018 (the
<br />"Inspection Period") to investigate the Property and determine, in Buyer's sole
<br />judgment, whether () the condition of the Property is suitable to Buyer's intended
<br />use, and (ii) Buyer will be able to obtain all governmental approvals (including,
<br />but not limited to, approvals necessary to subdivide aid re -plat the Property) and
<br />utilities necessary for Buyer's intended use of the Property. Buyer acknowledges
<br />and agrees that Seller has not made any covenants, representations or warranties
<br />regarding Buyer's ability to obtain governmental approvals from the City of
<br />Ramsey or any other governmental entity. The City of Ramsey will review,
<br />consider and act on any applications Mayer submits to the City for governmental
<br />approvals in accordance with City Code.
<br />b. Buyer may, at any time oil or before 5:00 p.m. on the lastday of the Inspection
<br />Period, terminate the Agreement by written notice to Seller based on Buyer's
<br />determination, in Buyer's sole and absolute discretion, that the condition of the
<br />Property is not suitable for Buyer's intended use or that Buyer may not be able to
<br />obtain all governmental approvals and utilities necessary for Buyer's intended use
<br />of the Property. In addition, this Agreement automatically terminates at 5:00 p,m,
<br />on the Last day of the Inspection Period unless, prior to that time Buyer delivers a
<br />written notice of Buyer's intention to proceed (a L'Notice to Proceed") to Seller.
<br />c. If, pursnant to Section 9(h) either Buyer terminates this Agreement or this
<br />Agreement is automatically terminated, the Escrow. Agent must disburse to Buyer
<br />any Earnest Money Escrow Agent holds.
<br />1.0. DEFINITIONS, As used in this Agreement:
<br />"Claim" or "Claims" means any and all liabilities, suits, claims, counterclaims, causes of
<br />action, demands, penalties, debts, obligations, promises, acts, fines, judgments, damages,
<br />consequential damages, losses, costs, and expenses of every kind (including without
<br />limitatinn any attorney's fees, consultant's fees, costs, remedial action casts, cleanup
<br />costs and expenses which may be related to any claims),
<br />"Environmental Law" means the Comprehensive Environmental Response,
<br />Compensation and Liability Act ("CERCLA"), 42 U.S.C. § 9601 et seq., the Resource
<br />Conservation and Recovery Act, 42 U.S.C. § 6901 et seq., the Federal Water Pollution
<br />Control Act (the Clean Water Act), 33 IJ.S.C. § 1251 et seq. the Clean Air Act, 42
<br />U.S.C. § 7401 et seq., and the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq., all
<br />a$ amended from time to time, and any other federal, state, local or other governmental
<br />statute, regulation, rule, law or ordinance dealing with the protection of human health,
<br />safety, natural resources or the environment now existing. or hereafter enacted.
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