01-10-2024 Council Packet - Laserfiche WebLink

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11 right to require that successful closings of the Property which is the subject of this Agreement occur. 29. Waiver. Any failure or delay of Buyer or Sellers to enforce any term of this Agreement shall not constitute a waiver of such a term, it being explicitly agreed that such a wavier must be specifically stated in a written document delivered to the other party in compliance of Section 16 above. Any such waiver by Buyer or Sellers shall not be deemed to be a waiver of any other breach or of a subsequent breach of the same or any other term. 30. Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of Sellers and Buyer, their respective heirs, successors, legal representatives and permitted assigns. Sellers consists of more than one personal entity. Each reference to Sellers herein shall be deemed to refer to each person or entity which constitutes Sellers, both individually and in the aggregate. 31. Counterparts. This Agreement may be executed in multiple, separate counterparts, and such counterparts shall constitute one and the same document. This Agreement and any amendment hereto may be executed by hand signatures or by electronic signatures using DocuSign or other similar technology. Such signatures may be transmitted by fax or email. Any such electronic signature or electronic transmissions of signature shall be deemed to constitute originals. In addition, either party and/or the escrow agent may rely upon any electronic transmissions of any document that is properly executed by the other party. Except as otherwise provided herein, the electronic signatures in global and national commerce act any version of the uniform electronic transaction, including without limitation Chapter 325 L Minnesota Statutes and any parallel, corresponding or similar state law or regulations shall not apply to the execution of this Agreement or any amendment hereto. 32. As Is. Buyer hereby acknowledges is purchasing the Property in As Is condition with no warranties therein expressed or implied as to the physical condition of the Property. 33. Patriot Act. The Buyer certifies that it has not been designated and is not owned or controlled by a “suspected terrorist” as defined in Executive Order 13224. The Buyer hereby acknowledges Sellers seek to comply with all applicable Laws concerning money laundering and related activities. In furtherance of those efforts, the Buyer hereby represents, warrants and agrees that: i. None of the cash or property owned by the Buyer has been or shall be derived from or related to any activity that is deemed criminal under United States Law; and ii. No contribution or payment by the Buyer has, and this Agreement will not, cause the Buyer to be in violation of the United States Banks Secrecy Act, the United States International Money Laundry Control Act of 1986 or the United Stated International Money Laundry Act Abatement and Anti-Terrorist Funding Financing Act of 2001.