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11-13-2023 EDA
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11-13-2023 EDA
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Last modified
1/29/2025 9:16:32 AM
Creation date
11/14/2023 12:41:56 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/13/2023
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
11/13/2023
EDA Document Type
Packets
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Draft 11.3.2023 <br /> <br />10 <br />DOCSOPEN\MU205\62\913096.v4-11/5/23 <br />all past, present or future claims, demands, obligations, actions or causes of action, at law <br />or in equity, whether arising by statute, common law or otherwise, and for all claims for <br />damages, of whatever kind or nature, and for all claims for attorneys’ fees, and costs and <br />expenses, including but not limited to all claims of any kind arising out of the negotiation, <br />Buyer consideration, execution and performance of this Agreement between the parties. <br /> <br />26. CHOICE OF LAW AND VENUE; INTERPRETATION: This Agreement shall be <br />governed by, enforced and construed in accordance with the laws of the State of Minnesota. <br />Any disputes, controversies, or claims arising out of this Agreement shall be heard in the <br />state or federal courts of Minnesota, and all parties to this Agreement waive any objection <br />to the jurisdiction of these courts, whether based on convenience or otherwise. <br /> <br />27. BROKERS INVOLVED: The Buyer has not entered into a contract to engage the services <br />of a real estate broker regarding this transaction. Seller has not engaged the services of a real <br />estate broker regarding this transaction, and Seller agrees to pay for and indemnify the Buyer <br />for any and all claims for brokerage commissions or finders’ fees in connection with <br />negotiations for the purchase of the Property arising out of any alleged agreement or <br />commitment or negotiation by Buyer or Seller. <br /> <br />28. CUMULATIVE RIGHTS: Except as may be otherwise provided elsewhere herein, no right <br />or remedy herein conferred on or reserved to Buyer or Seller is intended to be exclusive of <br />any other right or remedy provided herein or by law, but such rights and remedies shall be <br />cumulative and in addition to every other right or remedy given herein or elsewhere or <br />hereafter existing at law in equity, or by statute. <br /> <br />29. ASSIGNMENT: Buyer may not assign its rights and obligations under this Agreement to <br />another entity. <br /> <br />30. CAPTIONS, HEADINGS OR TITLES: All captions, headings, or titles in the paragraphs <br />or sections of this Agreement are inserted for convenience of reference only and shall not <br />constitute a part of the Agreement or a limitation of the scope of the particular paragraphs or <br />sections to which they apply. <br /> <br /> <br /> <br />[THE REMAINDER OF THIS PAGE INTENTIONALLY BLANK] <br /> <br />
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