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RES 15-24
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RES 15-24
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6/4/2015 2:00:58 PM
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City Government
type
SR
date
3/16/2015
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given and shall be effective only when actually received by the addressee, proof of which shall be <br />furnished by the party sending such notice. <br />14. CAPTIONS; EXHIBITS. The section and paragraph headings or captions appearing in <br />this Agreement are for convenience only, are not a part of this Agreement, and are not to be <br />considered in interpreting this Agreement. All schedules, exhibits, addenda or attachments <br />referred to herein are hereby incorporated in and constitute a part of this Agreement. <br />15. ENTIRE AGREEMENT; MODIFICATION. . This Agreement constitutes the <br />complete agreement between Seller and Buyer and supersedes any prior oral or written <br />agreements between them regarding the Real Property. There are no oral agreements that change <br />this Agreement, and no amendment of any of its terms will be effective unless in writing and <br />executed by both Seller and Buyer. <br />lb. BINDING EFFECT. This Agreement binds and benefits Seller and Buyer and their <br />respective successors and assigns. <br />17. CONTROLLING LAW. This Agreement has been made under, and will be interpreted <br />and controlled by, the laws of the State of Minnesota. <br />18. WAIVER No waiver of the provisions of this Agreement shall be effective unless in <br />writing, executed by the party to be charged with such waiver. No waiver shall be deemed a <br />continuing waiver or waiver in respect of any subsequent breach or default, either of similar or <br />different nature, unless expressly stated in writing_ <br />19. COUNTERPARTS. This Agreement may be executed in any number of counterparts <br />and each such counterpart shall be deemed to be an original instrument, but all such counterparts <br />together shall constitute but one Agreement. <br />20. FACSIMILE SIGNATURES. This Agreement may be executed with signatures <br />transmitted by facsimile or email and shall constitute a binding agreement with such signatures. <br />Nonetheless, any party providing facsimile or emailed signatures shall provide the other party <br />with the original signatures within five (5) business days after providing the facsimile signature <br />page(s). <br />21. SEVERABILITY. If any provision of this Agreement is invalid or unenforceable, such <br />provision shall be deemed to be modified to be within the limits of enforceability or validity, if <br />feasible; however, if the offending provision cannot be so modified, it shall be stricken and all <br />other provisions of this Agreement in all other respects shall remain valid and enforceable. <br />22. LIMITATION OF LIABILITY. Upon Closing, Buyer shall neither assume nor <br />undertake to pay, satisfy or discharge any liabilities, obligations or commitments of any Seller <br />other than those specifically agreed to between the parties and set forth in this Agreement. <br />23. REMEDIES. Time is of the essence of this Agreement. If Seller fails to perform any of <br />its obligations under this Agreement, Buyer's sole remedy is to terminate this Agreement. <br />8 <br />181569v2 <br />
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