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6 <br />vii. all building permits or other government permits or approvals <br />obtained or held by Seller and relating to the construction or <br />remodeling of the Property. <br />Buyer waives the requirement that Seller deliver to Buyer a Real Property Disclosure Statement <br />as required by RCW 64.06.013 (the “Disclosure Statement”); provided, however, that if the <br />answers to any of the questions in the section entitled “Environmental” would be “yes,” Buyer <br />does not waive receipt of the “Environmental” section of the Disclosure Statement, and Seller <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) Feasibility Study Period. On or before the expiration of the Feasibility <br />Study Period as set forth in the Basic Provisions (the “Feasibility Study Period”), Buyer shall <br />conduct a review with respect to the Property to review the condition of the Property and all <br />other matters related to the Property that the Buyer may consider in its sole discretion relevant, <br />including without limitation its suitability for Buyer’s intended use (the “Feasibility Study”). <br />Seller and Buyer’s Real Property Manager or designee may agree in writing to extend the <br />Feasibility Study Period. The Feasibility Study may include all inspections and studies Buyer <br />deems necessary or desirable in its sole discretion; provided, that access to the Real Property and <br />any testing or other activity thereon is subject to the rights of the tenant under the Lease <br />(“Tenant”) and must be scheduled with Seller in advance. Buyer and Buyer’s agents, <br />representatives, consultants, and inspectors have the right, from time to time after the Effective <br />Date, to enter upon the Real Property and conduct inspections and tests to ascertain the <br />condition and suitability of the Property. Such inspections and tests shall be non-destructive <br />unless otherwise agreed by the Seller and Buyer’s Real Property Manager or designee in writing. <br />If Buyer delivers to Seller written notice effective on or before the expiration of the Feasibility <br />Study Period that Buyer disapproves the Property, then the Deposit will be returned to Buyer, <br />Buyer shall return to Seller all Feasibility Materials to Seller, this Agreement terminates, and <br />Seller and Buyer will be released from all further obligation or liability under the Agreement. <br />Buyer’s determination to so disapprove is at Buyer’s sole and absolute discretion. <br />(c) Buyer’s Contingencies. Buyer’s obligation to purchase the Property is <br />expressly contingent on upon the following: <br />i. Buyer not delivering notice of disapproval of the Property prior to <br />expiration of the Feasibility Study Period; <br />ii. The Everett City Council has approved this Agreement, authorizing <br />the purchase of the Property; <br />iii. Buyer’s receipt of Title Company’s firm commitment to issue, <br />upon closing, the Title Policy; <br />iv. 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;