My WebLink
|
Help
|
About
|
Sign Out
Home
06/14/18
Ramsey
>
Economic Development Authority
>
Full Agendas
>
2010's
>
2018
>
06/14/18
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/7/2024 11:06:10 AM
Creation date
8/29/2018 4:24:11 PM
Metadata
Fields
Template:
Full Agenda
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
187
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
including, without limitation, its current environmental and geological condition, and in <br />an "AS -IS" and with "ALL FAULTS" condition. Buyer's payment of the Purchase Price <br />at Closing constitutes Buyer's acknowledgment and agreement that: <br />a. Seller has not made any written or oral representations or warranties of any kind <br />with respect to the Property (including without limitation express or implied <br />warranties of title, merchantability, or fitness for a particular purpose); <br />b. Buyer has not relied on any written or oral representation or warranty made by <br />Seller, its agents or employees with respect to the condition or value of the <br />Property; <br />c. Buyer has had an adequate opportunity to inspect the condition of the Property, <br />including without limitation any environmental testing, and to inspect documents <br />applicable thereto, and Buyer is relying solely on such inspection and testing; and <br />d. The condition of the Property is fit for Buyer's intended use. <br />e. Buyer accepts all risk of Claims (including without limitation all Claims under <br />any Environmental Law and all Claims arising at common law, in equity or under <br />a federal, state or local statute, rule or regulation) whether past, present or future, <br />existing or contingent, known or unknown, arising out of, resulting from or <br />relating to the condition of the Property, known or unknown, contemplated or <br />uncontemplated, suspected or unsuspected, including without limitation the <br />presence of any Hazardous Substance on the Property, whether such Hazardous <br />Substance is located on or under the Property, or has migrated from or to the <br />Property. <br />8. 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 February 01, 2018 (the <br />"Inspection Period") to investigate the Property and determine, in Buyer's sole <br />judgment, whether (i) the condition of the Property is suitable to Buyer's intended <br />use; and (ii) Buyer will be able to obtain all governmental approvals and utilities <br />necessary for Buyer's intended use of the Property. Buyer acknowledges and <br />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 Buyer submits to the City for governmental <br />approvals in accordance with City Code. <br />b. Buyer may, at any time on or before 5:00 p.m. on the last day 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 />Page 4 of 14 <br />
The URL can be used to link to this page
Your browser does not support the video tag.