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(b) Authority. This Agreement and any documents to be executed by Buyer at Closing have been duly authorized, executed and delivered by Buyer and are binding on and enforceable against Buyer in accordance with their terms. Buyer has obtained all authorizations or approvals necessary for Buyer to enter into and perform its obligations under this Agreement. The person signing this Agreement on behalf of Buyer has the legal power, right and actual authority to bind Buyer to the terms and conditions of this Agreement. 8.4 General Provision Regarding Warranties and Representation. If, prior to Closing, either Buyer or Seller discovers a fact or circumstance that might render a representation or warranty inaccurate in any material respect as of the Effective Date, it shall within five (5) days of such discovery advise the other party thereof in writing. If Buyer has actual knowledge before Closing of the falsity of any representation or warranty of Seller, and Buyer closes the purchase of the Property, Buyer shall be deemed to have waived all rights against Seller in connection with such falsity or breach. ARTICLE IX. LOSS BY CONDEMNATION 9.1 Taking by Condemnor Other than Buyer. In the event that all or any material portion of the Property is the subject of a taking or condemnation under the provisions of eminent domain law, other than by Buyer, after the Effective Date but prior to the Closing Date, Buyer may terminate this Agreement and the Earnest Money shall be returned to Buyer. If Buyer does not elect to terminate this Agreement, then the Purchase Price shall not be reduced, but Seller shall assign to Buyer its rights to any condemnation proceeds resulting from such taking and shall not make any settlements without Buyer's prior written approval. 9.2 Taking by Buyer as Condemnor. If the Buyer files a petition for condemnation of the Property in the Superior Court of Snohomish County, State of Washington, prior to the expiration of the Inspection Period, then this Agreement automatically terminates, and the Earnest Money shall be returned to Buyer. If the Buyer files a petition for condemnation after satisfaction of the the Inspection Period contingency and this Agreement has not been otherwise terminated, then this Agreement automatically terminates, and, unless Seller is in default hereunder, the Earnest Money shall be delivered to Seller. ARTICLE X. POSSESSION Possession of the Property shall be delivered to Buyer on the Closing Date free and clear of any occupants or rights to possession. 12