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2019/07/17 Council Agenda Packet
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2019/07/17 Council Agenda Packet
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Council Agenda Packet
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7/17/2019
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a <br />13.3 This Agreement shall be governed by the laws of the State of <br />Washington. Exclusive venue for any dispute arising out of this Agreement is Snohomish <br />County Superior Court. <br />13.4 This Agreement is for the benefit only of the parties hereto and shall <br />inure to the benefit of and binds the heirs, personal representatives, successors and <br />assigns of the parties hereto. Buyer may not assign this Agreement without Seller's prior <br />written consent in its sole discretion. <br />13.5 The invalidity or unenforceability of any provision of this Agreement <br />shall not affect the validity or enforceability of any other provision hereof. This Agreement <br />was negotiated, and the language in all parts will be given its fair meaning and will not <br />strictly for or against either party. <br />13.6 Neither party (nor any of their respective agents or representatives) <br />shall record this Agreement (or any memorandum or short form of this Agreement) without <br />the prior written consent of the other. <br />13.7 "Business Day' means a date that is not a Saturday, Sunday, or <br />holiday observed by federally chartered banks in the State where the Property is <br />located. Whenever any determination is to be made or action to be taken on a date <br />specified in this Agreement, if the date falls upon a date that is not a Business Day, the <br />date for the determination or action shall be extended to the first Business Day <br />immediately thereafter. <br />14. Limitation of Representations and Warranties. <br />14.1 As -Is. Except as expressly set forth in Section 9, Buyer <br />acknowledges and agrees that Buyer is purchasing the Property in an "as -is" condition, <br />"with all faults," and without any warranties, representations, or guarantees, either <br />express or implied, of any nature whatsoever from or on behalf of Seller, including, without <br />limitation, those of fitness for a particular purpose and use. <br />14.2 No Reliance. Buyer acknowledges and agrees that (i) Buyer has had <br />an adequate opportunity to make such legal, factual, and other inquiries and investigation <br />as Buyer deems necessary, desirable, or appropriate with respect to the Property, (ii) <br />except as otherwise expressly set forth in Section 9 of this Agreement the purchase of <br />the Property will be on the basis of Buyer's own investigation of the physical, <br />environmental and other condition of the Property and the condition of the physical <br />improvements, including subsurface conditions, and (iii) except as otherwise expressly <br />set forth in Section 9 of this Agreement, neither Seller, nor anyone acting for or on behalf <br />of Seller, has made any representation, warranty, promise, or statement, express or <br />implied, to Buyer, or to anyone acting for or on behalf of Buyer, concerning the Property <br />or the condition, use, or development thereof. Buyer represents that, in entering into this <br />Agreement, Buyer has not relied on any representation, warranty, promise, or statement, <br />express or implied, of Seller, or anyone acting for or on behalf of Seller, other than as <br />expressly set forth in Section 9 of this Agreement. <br />10 <br />43 <br />
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