My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
MANH, CHARLES H.
Clerk
>
Contracts / Agreements
>
M
>
MANH, CHARLES H.
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/27/2022 4:33:55 PM
Creation date
9/27/2022 4:33:12 PM
Metadata
Fields
Template:
Contracts
Company Name
MANH, CHARLES H.
Contract #
A-2022-179
Agency
Public Works
Council Approval Date
9/20/2022
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
18
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
6.1.11 Other Agreements. Except as set forth in the <br />Property Documents and this Agreement, Seller has not made any commitment <br />or representation to or entered into any agreement of any kind with any <br />government authority, or any adjoining or surrounding property owner, group or <br />other third party, which would in any way be binding on Buyer or all or any <br />portion of the Property or would interfere in any way with Buyer's ability to <br />own, develop, improve and/or market the Property, and will not make any such <br />representations or warranties or enter into any such agreements which would <br />affect the Property or any portion thereof prior to the Close of Escrow, without <br />Buyer's written consent. <br />6.1.12 Access. There is full and unobstructed direct <br />access to the Property from public streets, highways or roads that are adjacent to <br />the Property. <br />6.1.13 Bankruntcv. No "Bankruptcy Event" (as <br />defined below) has occurred with respect to Seller nor any member or manager <br />of Seller. There is not pending or threatened any case, proceeding or other action <br />seeking reorganization, arrangement, adjustment, liquidation, dissolution or re - <br />composition of Seller or any member or manager of Seller or seeking <br />appointment of a receiver, trustee, custodian or similar official for Seller or any <br />member or manager of Seller for all or any substantial part of its or their assets. <br />"Bankruptcy Event" means (a) the making by a person of a general assignment <br />for the benefit of such person's creditors, (b) the admission in writing by a person <br />of its inability to pay its or their debts as they mature, (c) an attachment, <br />execution or other judicial seizure of any property interest which remains in <br />effect, or (d) the failure to have taken or submission to any action indicating a <br />general inability by a person to meet its financial obligations as they accrue. <br />6.1.14 Material Change. Seller shall promptly notify <br />Buyer if Seller obtains information that would make any of the representations <br />or warranties contained herein materially inaccurate or misleading. <br />6.2 Buyer's Warranties. In consideration of Seller entering into this Agreement <br />and as an inducement to Seller to sell the Property to Buyer, Buyer makes the following <br />representations and warranties which shall be true and correct as of the Effective Date and the <br />Close of Escrow and each of which is material and being relied upon by Seller. For all purposes <br />of this Agreement, including Buyer's representations and warranties contained herein, the phrase <br />"to the best of Buyer's knowledge" shall mean the current actual knowledge of Buyer. If prior <br />to the Close of Escrow Seller determines that any representation or warranty of Buyer is untrue, <br />inaccurate or incomplete in any material respect (and without waiving any of Seller's rights or <br />remedies hereunder at law or in equity with respect to any material untruth, incompleteness or <br />inaccuracy existing on the Effective Date, that was known of or should have been known of by <br />Buyer), Seller may give Buyer written notice of same and Buyer shall have seven (7) days from <br />the date of receipt of Seller's notice (and the Closing Date shall be extended to permit the running <br />of such seven (7) day period) ("Buyer Cure Period") to correct any fact or circumstance that <br />makes such representation or warranty materially untrue or inaccurate to Seller's reasonable <br />-11- <br />
The URL can be used to link to this page
Your browser does not support the video tag.