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e <br />12.4 Recording of Environmental Di <br />shall sign, have notarized, and deposit into Escrow a <br />and Other Environmental Covenants and Conditions <br />form of the attached Exhibit "B." <br />12.5 No Representations by Seller. I <br />made any representations or warranties regarding the <br />Estate, including without limitation any representation <br />of information included in any report or other written di <br />condition of the Real Estate. Seller will have no obiigs <br />covenants, indemnities, or warranties regarding the er <br />or any Corrective Action in order to facilitate Buyer's o <br />12.6 Notice of Suver's Im <br />12.7 Delayed Closing. <br />(a) Seller's Right to Delay Closing. <br />Seller determines, in its reasonable discretion, that th <br />exclusive possession and operation (subject to the to <br />the Closing Date due to the existence of Pre -Closing <br />limitation, any Pre -Closing Contamination caused by <br />Agreement), Seller shall estimate the date (the "Dela, <br />Estate will be ready. Seller may delay the close of E, <br />notifying Buyer and Escrow Holder of the Delayed CG <br />Closing Date set forth in Section 1. Seiler may delay <br />dates for the Delayed Closing Date by exercising its r <br />to time; and the provisions of Section 12.7(b) will app <br />(b) Delivery Date Notice, If Seller c <br />Closing Date, the Escrow will close on the Delayed Cl, <br />E: the Escrow close on the date that the Real Estate will <br />"Delivery Date"), if the Delivery Date will be earlier tha <br />:f this right, Seller must notify Buyer and Escrow Holder <br />before the Delivery Date, so that Escrow can close on <br />12.8 Seller's Riaht to Terminate for F <br />time after Seller signs this Agreement and before Esci <br />discretion, that Pre -Closing Contamination oxists on o <br />known to Seller on the signing date (including, without <br />Contamination caused by an event occurring after the <br />Agreement by giving notice of termination to Buyer an <br />this Agreement, Seller shall refund the Deposit and pz <br />ration. Before Escrow closes, Buyer <br />claration of Environmental Restriction <br />"Environmental Declaration") in the <br />uyer acknowledges that Seller has not <br />anvironmental condition of the Real <br />r warranty with respect to the accuracy <br />current regarding the environmental <br />ion to provide any lender with any <br />tironmental condition of the Real Estate <br />staining any loan. <br />Intentionally deleted. <br />f, at any time before the Closing Date, <br />Real Estate will not be ready for Buyer's <br />is of the Environmental Declaration) by <br />ontamination (including, without <br />i event occurring after Seller signs this <br />d Closing Date") on which the Real <br />row to the Delayed Closing Date by <br />ing Date at least 15 days before the <br />ie Closing Date to successively later <br />ht to delay the close of Escrow from time <br />for each Delayed Closing Date. <br />lays the close of Escrow to the Delayed <br />ging Date. But Seller may require that <br />ready for delivery to Buyer (the <br />the Delayed Closing Date. To exercise <br />F the Delivery Date at least 15 days <br />ie Delivery Date. <br />Dst-Signing Contamination. If, at any <br />ow closes, Seller determines, in its sole <br />about the Real Estate that was not <br />limitation, any Pre -Closing <br />signing date), Seller may terminate this <br />I Escrow Holder. if Seller so terminates <br />d all escrow and title cancellation <br />0:lreladminljosephldrafts1044931resao9.doc 06/08/99 7:57 AM <br />T) I�e)C 9 <br />