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• <br /> 7 <br /> conduct a review with respect to the Property and satisfy itself with respect to the <br /> condition of and other matters related to the Property and its suitability for Buyer's <br /> intended use (the "Feasibility Study"). The Feasibility Study may include all <br /> inspections and studies Buyer deems necessary or desirable in its sole discretion. <br /> Buyer and Buyer's agents, representatives, consultants, and inspectors have the right, <br /> from time to time after the Effective Date, to enter upon the Real Property and conduct <br /> inspections and non-destructive tests to ascertain the condition and suitability of the <br /> Property. Buyer and Seller shall coordinate the timing of such inspections and tests so <br /> that they do not interfere with Seller's business. If Buyer does not deliver to Seller <br /> written notice on or before the expiration of the Feasibility Study Period that Buyer <br /> approves the suitability of the Property for Buyer's intended use, which approval is in <br /> • Buyer's sole judgment, then the Deposit will be returned to Buyer, Buyer shall return to <br /> Seller all Feasibility Materials to Seller, this Agreement terminates, and Seller and Buyer <br /> will be released from all further obligation or liability under this Agreement. <br /> 6.3 Buyer's Contingencies. Buyer's obligation to purchase the <br /> Property is expressly contingent on upon the following: <br /> a) Buyer's approval, prior to expiration of the Feasibility Study <br /> Period, of the suitability of the Property as a result of the <br /> Feasibility Study; <br /> b) Buyer's receipt of Title Company's firm commitment to issue, <br /> upon closing, the Title Policy; <br /> c) All Seller's representations and warranties contained in or <br /> made pursuant to this Agreement being true and correct as <br /> of the Closing Date; . <br /> d) Seller's timely performance of all Seller's obligations under <br /> this Agreement; and <br /> e) No material change in the condition of the Property between <br /> the Effective Date and the Closing Date. <br /> 7. Closing. <br /> 7.1 Time for Closing. The sale shall be closed in the office of Chicago <br /> Title, 3002 Colby Ave, Everett, WA 98201 ("Closing Agent") on <br /> or such other date as the parties may agree in writing. At least one (1) business day <br /> prior to closing, Buyer and Seller shall deposit in escrow with Closing Agent all <br /> instruments, documents and monies necessary to complete the sale in accordance with <br /> this Agreement. As used herein, "closing" or "date of closing" or "Closing Date" <br /> means the date on which all appropriate documents are recorded and proceeds of sale <br /> are available for disbursement to Seller. If closing does not occur on or before <br /> , or any later date mutually agreed to in writing by the Seller and <br /> Buyer, Closing Agent shall immediately terminate the escrow, forward the Deposit to the <br /> 4 <br /> 67 <br />