Laserfiche WebLink
14.3. Indemnification Remedy. Notwithstanding the foregoing provisions of this <br /> Section 14, in the event of any default by the Buyer or the City under or in <br /> connection with any indemnification pursuant to this Agreement, and in the event of <br /> any failure by the defaulting party to cure such default within 30 days after the date <br /> of notice of default by the non-defaulting party to the defaulting party, the non- <br /> defaulting party shall be entitled to seek and recover all legal and equitable relief <br /> available under applicable law,including,without limitation,monetary damages. <br /> 15. ASSIGNMENT. The Buyer may not assign this Agreement without the prior written <br /> consent of the City. <br /> 16. SURVIVAL. All of the terms of this Agreement and warranties and representations <br /> herein contained shall survive and be enforceable after the Closing. <br /> 17. NOTICES. Any notice required or permitted hereunder shall be given by personal <br /> delivery upon an authorized representative of a party hereto; or if mailed by United States mail <br /> postage prepaid; or if transmitted by facsimile copy followed by mailed notice; or if deposited <br /> cost paid with a nationally recognized, reputable overnight courier, properly addressed as <br /> follows: <br /> If to the City: City of Elk River <br /> Attn: City Administrator <br /> 13065 Orono Parkway <br /> Elk River, MN 55330 <br /> If to the Buyer: Envision Company, LLC <br /> Attn: Chris Carlson <br /> 10800- 175th Ave NW <br /> Elk River,MN 55330 <br /> Notices shall be deemed effective on the earlier of the date of receipt or the date of deposit, as <br /> aforesaid; provided, however, that if notice is given by deposit, the time for response to any <br /> notice by the other party shall commence to run one business day after any such deposit. Any <br /> party may change its address for the service of notice by giving notice of such change 10 days <br /> prior to the effective date of such change. <br /> 18. CAPTIONS. The paragraph headings or captions appearing in this Agreement are for <br /> convenience only, are not a part of this Agreement and are not to be considered in interpreting <br /> this Agreement. <br /> 19. ENTIRE AGREEMENT, MODIFICATIONS. This written Agreement constitutes the <br /> complete agreement between the parties and supersedes any prior oral or written agreements <br /> between the parties regarding the Property. There are no verbal agreements that change this <br /> Agreement and no waiver of any of its terms will be effective unless in a writing executed by the <br /> parties. <br /> 455958v10 SJS EL185-31 10 <br />