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To Optionee: Blaine American Legion <br />(b) Interpretation. All previous negotiations and understandings <br />between the parties or their respective agents and employees, with <br />respect to the transactions set forth herein are merged in this Agreement <br />which alone fully and completely expresses the parties' rights, duties and <br />obligations; and this Agreement constitutes the entire understanding <br />between the parties. This Agreement may be amended or modified only <br />in writing signed by both parties. All conditions precedent to Optionor's <br />performance hereunder and all options in favor of Optionor hereunder to <br />terminate this Agreement are for the sole benefit of Optionor and, as <br />such, may be unilaterally waived by Optionor. All conditions precedent <br />to Optionee's performance hereunder and all options in favor of Optionee <br />hereunder to terminate this Agreement are for the sole benefit of <br />Optionee and, as such, may be unilaterally waived by Optionee. <br />(c) Headings. The headings in this Agreement are inserted for <br />convenience only and shall not constitute a part hereof. <br />(d) Assignment. Neither party may assign its rights and interest in <br />this Agreement without the prior written consent of the other party. <br />(e) Time. Time shall be of the essence hereof. <br />(f) Governing Law. This Agreement and all documents executed in <br />connection herewith or pursuant to the terms hereof shall be governed <br />by and construed in accordance with the provisions of the laws of the <br />State of Minnesota. <br />(g) Counterparts. This Agreement and any amendments to this <br />Agreement may be executed in counterparts, each of which shall be fully <br />effective and all of which together shall constitute one and the same <br />instrument. <br />(h) Third Party Beneficiary. There are no third party beneficiaries of <br />this Agreement, intended or otherwise. <br />(i) No Joint Venture. Optionor, by entering into this Agreement and <br />consummating the transactions contemplated hereby, shall not be <br />considered a partner or joint venturer of Optionee. <br />(j) Severability. In case any one or more of the provisions contained <br />in this Agreement shall for any reason be held to be invalid, illegal or <br />unenforceable in any respect, such invalidity, illegality, or <br />