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6 <br />shall deliver to Buyer the “Environmental” section of the Disclosure Statement fully completed <br />within five (5) business days after the Effective Date. <br />(b) [Not Used]. <br />(c) Buyer’s Contingencies. Buyer’s obligation to purchase the Property is <br />expressly contingent on upon the following: <br />i. The Everett City Council has approved this Agreement, authorizing <br />the purchase of the Property; <br />ii. Buyer’s receipt of Title Company’s firm commitment to issue, upon <br />closing, the Title Policy; <br />iii. All Seller’s representations and warranties contained in or made <br />pursuant to this Agreement being true and correct as of the Closing <br />Date; <br />iv. Seller shall have delivered all of Seller’s escrow deposits to Closing <br />Agent on or before the Closing Date; <br />v. Seller’s timely performance of all Seller’s obligations under this <br />Agreement; <br />vi. No material change in the condition of the Property between the <br />Effective Date and the Closing Date; <br />vii. No litigation or other court action shall have been commenced <br />seeking to obtain an injunction or other relief from such court to <br />enjoin the consummation of the transaction described in this <br />Agreement, and no preliminary or permanent injunction or other <br />order, decree, or ruling shall have been issued by a court of <br />competent jurisdiction or by any governmental authority, that <br />would make illegal or invalid or otherwise prevent the <br />consummation of the transaction described in this Agreement; and <br />viii. No law, statute, rule, or regulation shall have been enacted that <br />would make illegal or invalid or otherwise prevent the <br />consummation of the transaction described in this Agreement. <br />(d) Seller’s Contingencies. Seller’s obligation to sell the Property is expressly <br />contingent on upon the following: <br />i. Buyer shall have deposited the Purchase Price in escrow with <br />Closing Agent with written direction to disburse the same to Seller <br />at Closing; <br />ii. Buyer shall have delivered all of Buyer’s escrow deposits to Closing <br />Agent on or before the Closing Date; and <br />iii. The representations and warranties of Buyer, if any, in this <br />Agreement shall be true and correct in all material respects as of