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457530v2 SJS EL185-33 9 <br />against any claim made by a real estate broker for a commission or fee based on alleged acts or <br />agreements with the indemnifying party. <br />14.REMEDIES. <br />14.1.Buyer’s Remedies. If the EDA fails to consummate this Agreement for any reason <br />except the Buyer’s default or the termination of this Agreement pursuant to a right to <br />terminate given herein, the Buyer, as its sole and exclusive remedy, terminate this <br />Agreement by giving 30 days’ written notice to the EDA, pursuant to Minnesota <br />Statutes Section 559.21, as amended from time to time, in which event the earnest <br />money shall be promptly released to the Buyer and upon such release, neither party <br />shall be further obligated to the other (except for the Buyer’s and the EDA’s <br />indemnities set forth in this Agreement). The Buyer specifically waives any right to <br />make a claim against the EDA for compensatory or consequential damages or any <br />other typ e of monetary claim, except for the indemnity obligations set forth in this <br />Agreement. <br />14.2.EDA’s Remedy. If the Buyer fails to consummate this Agreement for any reason <br />except the EDA’s default or the termination of this Agreement pursuant to a right to <br />terminate given herein, the EDA’s sole and exclusive remedy shall be to terminate <br />this Agreement by giving 30 days’ written notice to the Buyer, pursuant to <br />Minnesota Statutes Section 559.21, as amended from time to time, in which case, <br />the earnest money shall be retained by the EDA. <br />14.3 In demnification Remedy. Notwithstanding the foregoing provisions of this <br />Section 14, in the event of any default by the Buyer or the EDA under or in <br />connection with any indemnification pursuant to this Agreement, and in the event <br />of any failure by the defaulting party to cure such default within 30 days after the <br />date of notice of default by the non-defaulting party to the defaulting party, the <br />non-defaulting party shall be entitled to seek and recover all legal and equitable <br />relief available under applicable law, including, without limitation, monetary <br />damages. <br />15.ASSIGNMENT. The Buyer may not assign the Buyer’s rights under this Agreement, <br />without prior consent of the EDA. <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: