09-22-1999 Council Agenda - Laserfiche WebLink

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28. Agent and Broker Status. Seller and Purchaser mutually represent to each other that each has had no dealings, negotiations or consultations with any broker, representative, employee agent or other intermediary in connection with this Agreement on the sale of the Property e�ccept Tom Schuette of Suburban Land„ Company( who;,shallrbe'pard,,a cpmmrssionby tlje SeUev. Each party will indemnify, defend and hold the other free and harmless from the claims of any other brokers, representatives, employees, agents or other intermediaries claiming to have represented Seller or Purchaser, respectively in connection with this Agreement or in connection with the sale of the Premises The provisions of this paragraph shall survive delivery of the Deed. 29. Attorneys' Fees. If either party commences an action against the other to enforce any f the terms of this Agreement or because f the breach of the other party of any f the terms hereof, tho losing or defaulting party shall pay to the prevailing party reasonable attorneys' fees, 30. Offer and Acceptance. This Agreement has been executed first by Purchaser and shall be deemed a continuing offer by Purchaser to Seller until , 1999. If an executed and unaltered acceptance by Purchaser is not delivered to and actually received by Purchaser at the offices of City of Little Canada, 515 Little Canada Road East, Little Canada, MN 55117, such offer shall be deemed withdrawn. If an executed and unaltered acceptance by Seller is returned to Purchaser at the offices of City of Little Canada, 515 Little Canada Road East, Little Canada, MN 55117, by said time, the date of such delivery shall be the date of this Agreement. 31. Waivor f Claims. Seller shall rel ase Purchaser, its officers, employees, arnts, succesors and assigns from any and all claims and/or damages Seller may have against those parties arising from r associated with this transaction. 32. Section 1033 Letter. Purchaser acknowledges that this Property was acquired under the threat of eminent domain. A Section 1033 letter will be issued by the City of Little Canada documenting that fact if requested by the Seller. Page 112