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affect the Property or any portion Mateo/pilot to the Close of Escrow,without <br /> Buyer's written consent. <br /> 6.1.12 ,Access. There is fill and unobstructed direct <br /> access to the Property from public streets,highways or made that are adjacent to <br /> the Property, <br /> 6.1.13 pankruntev. No "Bankruptcy Event" as <br /> defined below)lies 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 /> eonipositon .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 manger of Seller for all or any substantial part of its or their assets. <br /> "Bankruptcy Went"means(a)the making by a person of a generalassignment <br /> farther 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 ar 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 hernia materially inaccurate or.mialeading. <br /> • <br /> 6.2 Buyer's Warranties. In consideration of Seller entering into this Agreement and as <br /> an inducement to Seller to Bell the Property to Buyer, Buyer makes the Mowing representations and <br /> warranties which shall be true'and entreat as of the Effective Date and the Close of Escrow and each of <br /> which is material and being relied upon by Seller. For as pwposes of this Agreement,Including Buyer's <br /> representations and warranties contained herein,the phrase"to the best of Buyer's knowledge"shall mean <br /> the current actual knowledge of Buyer. If prior to the Close of Escrow Seller determines that any <br /> reptesentatiouorwattaiuyofBuyeris untrue,inaccurate or incomplete in anymaterialrespeet(andwithout • <br /> waiving anyof Seller's tights orre1edtek hereunder at law era equitywith respect to any mate4ai untruth, II <br /> incompletenessorinaccuracyexistingonthe.EffectiveDate,thatwasknovtnofarahouldhavebeenkn wn <br /> of by Buyer),Seller may give Buyorvvritten notice of same and Buyer shall have seven(7)days from the <br /> date of receipt of Sellers notice(and the Closing Date shall be extended to permit the running of such <br /> seven (7)day period) ("Buyer Cure Period') to correct any fact or circumstance that makes such <br /> representation or warranty materially untrue or inaccurate to Seller's reasonable satisfaction. If Buyer fails <br /> to make such correction within the Buyer Cure Period,then Seller by written notice to Buyer within three <br /> (3)days after the expiration of the Buyer Cure Period(and the Closing Date shall be extended to permit <br /> the running of such three(3)day period)shall be entitled(a)to terminate this Agreement or(b)continue <br /> this Agreement in fill force and effect with no change in terms,but without waiving arty legal,equitable <br /> or other remedies it may have against Buyer, The foregoing is not a waiver or release of any of Seller's <br /> rights or remedies for any material untruth,incompleteness or inaccuracy in a representation or warranty <br /> of Buytr of-which Seller obtains knowledge after the Close of Escrow. <br /> -I1• <br />