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<br />suit or proceeding for personal injury (including sickness, disease, or death, tangible or <br />intangible property damage, compensation for lost wages, business income, profits or other <br />economic loss, damage to the natural resource or the environment, nuisance, pollution, <br />contamination, leak, spill, release, or other adverse effect on the environment). This indemnity <br />extends only to liability created prior to or up to the date this escrow shall close. Seller shall not <br />be responsible for acts or omissions to act post close of this escrow. <br /> <br />20. Continaency. It is understood and agreed between the parties hereto that the <br />completion of this transaction, and the escrow created hereby, is contingent upon the specific <br />acceptance and approval of the City herein. The execution of these documents and the <br />delivery of same to Escrow Agent constitutes said acceptance and approval. <br /> <br />21. Modification and Amendment. This Agreement may not be modified or amended <br />except in writing signed by the Seller and City. <br /> <br />22. Partial Invalidity. Any provision of this Agreement that is unenforceable or invalid or <br />the conclusion of which would adversely affect the validity, legality, or enforcement of this <br />Agreement shall have no effect, but all the remaining provisions of this Agreement shall remain <br />in full force. <br /> <br />23. Captions. Captions and headings in this Agreement, including the title of this <br />Agreement, are for convenience only and are not to be considered in construing this <br />Agreement. <br /> <br />24. Governina Law. This Agreement shall be governed by and construed in accordance <br />with the laws of the State of California. <br /> <br />25. No Reliance By One Party On The Other. Each party has received independent legal <br />advice from its attorneys with respect to the divisibility of executing this Agreement and the <br />meaning of the provisions hereof. The provisions of this Agreement shall be construed as to their <br />fair meaning, and not for or against any party based upon any attribution to such party as the <br />source of the language in question. <br /> <br />26. No Third Party Beneficiarv. This Agreement is intended to benefit only the parties <br />hereto and no other person or entity has or shall acquire any rights hereunder. <br /> <br />27. Duty To Cooperate Further. Each party hereby agrees that it shall, upon request of the <br />other, execute and deliver such further documents (in form and substance reasonably acceptable <br />to the party to be charged) and do such other acts and things as are reasonably necessary and <br />appropriate to effectuate the terms and conditions of this Agreement, without cost. <br /> <br />28. Applicability of Aareement To Assianees. This Agreement shall be binding upon and <br />shall inure to the benefit of the successors and assigns of the parties to this Agreement. <br /> <br />29. Authority to Execute AQreement. Each undersigned represents and warrants that its <br />signature herein below has the power, authority and right to bind their respective parties to each of <br />the terms of this Agreement, and shall indemnify City fully, including reasonable costs and <br />attorney's fees, for any injuries or damages to City in the event that such authority or power is not, <br />in fact, held by the signatory or is withdrawn. <br /> <br />30. Incorporation of Exhibits. All Exhibits referenced herein and attached hereto shall be <br />incorporated as if fully set forth in the body of this Agreement. <br /> <br />16 <br />