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09-22-1999 Council Agenda
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09-22-1999 Council Agenda
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28. Agent and Broker Status. Seller and Purchaser mutually represent to each other that <br />each has had no dealings, negotiations or consultations with any broker, representative, <br />employee, agent or other intermediary in connection with this Agreement on the sale of the <br />Property except Tom Schuette, of Suburban LandGompany„ who shall =bepatd'a commission by <br />:0 6110. . Each party will indemnify, defend and hold the other free and harmless from the <br />claims of any other brokers, representatives, employees, agents or other intermediaries claiming <br />to have represented Seller or Purchaser, respectively in connection with this Agreement or in <br />connection with the sale of the Premises. The provisions of this paragraph shall survive delivery <br />of the Deed. <br />29. Attorneys' Fees. If either party commences an action against the ether to enforce any <br />f the terms of this Agreement r because f the breach of the ther party f any f the terms <br />hereof, the losing r defaulting party shall pay t the prevailing party reasonable attorneys' fees, <br />30. Offer and Acceptance. This Agreement has been executed first by Purchaser and <br />shall be deemed a continuing offer by Purchaser to Seller until , 1999. If <br />an executed and unaltered acceptance by Purchaser is not delivered to and actually received by <br />Purchaser at the offices of City of Little Canada, 515 Little Canada Road East, Little Canada, <br />MN 55117, such offer shall be deemed withdrawn. If an executed and unaltered acceptance by <br />Seller is returned to Purchaser at the offices of City of Little Canada, 515 Little Canada Road <br />East, Little Canada, MN 55117, by said time, the date of such delivery shall be the date of this <br />Agreement. <br />31. Waiver of Claims. Seller shall release Purchaser, its officers, employees, agents, <br />successors and assigns from any and all claims and/or damages Seller may have against those <br />parties arising from or associated with this transaction. <br />32. Section 1033 Letter. Purchaser acknowledges that this Property was acquired under <br />the threat of eminent domain. A Section 1033 letter will be issued by the City of Little Canada <br />documenting that fact if requested by the Seller. <br />PAGE 122 <br />
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