SITE HISTORY - Laserfiche WebLink

Home Browse Search

charges; and neither party will have any further obli 12.9 Buyer's Waiver of Claims for DE claim that it might have against Seller or Seller's off:cE affiliates based upon any delay in the close of Escrow 4 this Agreement and the Escrow under Section 12.8. 7 any claim for reimbursement of costs and expenses tt !± Transaction or (ii) any claim for lost profits or consequ proceeding with the Transaction or as a result of dela " Corrective Action. 12.10 (a) Buyer's Inspection and Testing signed this Agreement, Buyer and its agents, employ+ (collectively, "Buyer's Agents") may enter on the Real customary environmental assessments and tests of tl right will be in effect for 45 days after Buyer receives and Seller (the "Inspection Period"). Before entering Agent will give Seller written or telephonic notice of th entering, and the nature of the Test to be conducted. would involve any disturbance of the surface of the la test of an underground vault or storage tank, undergr "Restricted Test), Buyer must obtain Seller's written approval right will include, without limitation, approval Restricted Test and (ii) the person conducting the Re unreasonably withhold its consent to Buyer's request representative may be present while each Test is beii shall provide Seller with split samples from any Restri (b) Reports_and Disclosure. Buyer written report of each Test conducted by or for Buyer, report. Buyer shall not disclose the results of any Tes party, unless required to do so by law and unless Buyi least ten days before Buyer mails or otherwise transm third party. (c) Buyer's Termination Right. If Bt environmental condition of the Real Estate, Buyer ma} Escrow by giving notice of termination to Seller and E: Period. if Buyer so terminates this Agreement, Seller shall each pay one half of all escrow and title cancella any further obligation to the other under this Agreemei to the other under this Agreement. iv or Termination. Buyer waives any employees, subsidiaries, divisions, or nder Section 12.7 or any termination of ese claims include, without limitation, (i) t Buyer incurs in anticipation of the itial damages as a result of not in the close of Escrow required for the ,fights. After Buyer and Seller have ,s, contractors, and consultants .state to conduct reasonable and Real Estate (each, a "Test"), This entry copy of this Agreement signed by Buyer i the Real Estate, Buyer or Buyer's date of entry, the person who will be Wore Buyer conducts any test that J (including any drilling or boring) or any ind pipes, or fuel lines (each, a )proval for the Restricted Test. Seller's f (i) the timing and methodology of the ricted Test. Seller shall not )r a Restricted Test. Seller's 1 conducted. If Seiler so requests, Buyer :ed Test. shall deliver to Seller a copy of any vithin five days after Buyer receives the to any regulatory agency or other third r gives Seller a copy of the disclosure at :s the disclosure to the agency or other yer is not satisfied with the terminate this Agreement and the crow Holder during the Inspection ahall refund the Deposit; Buyer and Seller ion charges; and neither party wili'have it. But (i) the termination will not Q:Ireladminljosephldrafts1044931resa09.doc 06/08/99 17,57 AM ,Pf9a6