Res 2006-110 - Laserfiche WebLink

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The above language shall be set forth in the Deed and Bill of Sale. 12. REAL ESTATE COMMISSIONS. Seller and Buyer represent and warrant to each other that they have dealt with no broker, finder or similar agent in connection with the transaction provided for in this Agreement. Seller agrees to hold Buyer harmless from and against any claim made by any person claiming to have dealt with Seller in connection with this transaction, including reasonable attorney's fees incurred in the defense of such a claim; and Buyer agrees to hold Seller harmless from and against any claim made by any person claiming to have dealt with Buyer in connection with this transaction, including reasonable attorney's fees incurred in the defense of such a claim. Buyer acknowledges that it has been advised by Seller that it should have an abstract covering the Property examined by an attorney of its selection, or should be furnished with or obtain a policy of title insurance. 13. NOTICE. Any notice required or permitted to be given hereunder by one party to the other shall be in writing and the same shall be given and shall be deemed to have been served and given if delivered in person or be reputable courier service or by facsimile transmission to the address set forth hereinafter for the party to whom the notice is given, or placed in the United States mail, postage prepaid, by registered or certified mail, addressed to the party at the address hereinafter specified. The date of mailing or the date of successful facsimile transmission (if received prior to 5 :00 p.m. Central Time) shall be deemed to be the date of notice. (a) if to Buyer: (b) if to Seller: City of San Marcos Attn: City Manager 630 E. Hopkins St. San Marcos, Texas 78666 (512) 393-8100 (tele.) (512) 396-4656 (fax) The Nature Conservancy Attn: JeffFrancell 816 Congress Ave., Suite 920 Austin, Texas 78701 (512) 494-9559 (tele.) (512) 494-9585 (fax) With copy to: With copy to: City Attorney 630 E. Hopkins St. San Marcos, Texas 78666 (512) 393-8150 (tele.) (512) 393-3983 (fax) The Nature Conservancy Attn: Legal Department 711 Navarro, Suite 410 San Antonio, Texas 78205 (210) 224-8774 (tele.) (210) 224-0103 (fax) or to such other addresses as the parties may designate in writing. 14. TERMINATION. If closing does not occur on or before May 16, 2008, due to Buyer's inability to obtain full funding for its acquisition of the Property or due to Buyer's default hereunder, Seller may terminate this Agreement. Further, Buyer and Seller may agree to terminate this Agreement if Buyer and Seller agree that full funding will not be obtained by May 16, 2008. In 5