Laserfiche WebLink
and assigns and anyone acting on its behalf or their behalf hereby fully releases and <br /> forever discharges Seller from any and all Claims (including without limitation all Claims <br /> arising under any Environmental Law and all Claims arising at common law, in equity or <br /> under a federal, state or local statute, rule or regulation), past,present and future, known <br /> and unknown, existing and contingent, arising out of, resulting from, or relating to the <br /> condition of the Property, and Buyer hereby waives any and all causes of action <br /> (including without limitation any right of contribution) Buyer had, has or may have <br /> against Seller and anyone acting on its behalf with respect to the condition of the <br /> Property, whether arising at common law, in equity or under a federal, state or local <br /> statute, rule or regulation. The foregoing shall apply to any condition of the Property, <br /> known or unknown, contemplated or uncontemplated, suspected or unsuspected, <br /> including without limitation the presence of any Hazardous Substance on the Property, <br /> whether such Hazardous Substance is located on or under the Property, or has migrated <br /> from or to the Property. <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 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: City Administrator <br /> City of Ramsey <br /> 7550 Sunwood Drive N.W. <br /> Ramsey, MN 55303 <br /> Email: kulrich@cityoframsey.com <br /> Buyer: Reliable Holdings, LLC <br /> Robert L. Twedt <br /> 6260 Hwy 10 NW <br /> Ramsey, MN 55303 <br /> Email: rob@bluelinecollision.net <br /> Notices not given in the manner or within the time limits set forth in this Agreement are of <br /> no effect and may be disregarded by the party to whom they are directed. <br /> 13. CLOSING. This transaction shall close within 30 days after Buyer delivers a Notice to <br /> Proceed to Seller or on such earlier date as Seller and Buyer may establish by mutual, <br /> written agreement; provided, however, Buyer may extend the Closing a total of two (2) <br /> times, each time for a period of sixty(60) days, by depositing an additional Ten <br /> Thousand and 00/100 Dollars ($10,000.00) earnest money with Escrow Agent for each <br /> extension. Each $10,000 extension payment shall be non-refundable,but applicable to <br /> the Purchase Price. The Closing shall take place at the offices of the Escrow Agent, or at <br /> Page 6 of 14 <br />