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amount of actual damages for such breach, and that these sums represent reasonable compensation to <br /> Seller for such breach. <br /> c . Return/Delivery of Deposit. In the event the Deposit is returned to the Buyer, as <br /> provided in subparagraph a. above, or delivered to the Seller, as provided in subparagraph b . above , <br /> upon the return or delivery of the same, the parties hereto shall have no further rights, obligations or <br /> liabilities with respect to each other hereunder, except for the obligations specifically required to <br /> survive closing or termination of this Agreement as set forth herein. <br /> 12 . OPERATIONS PENDING CLOSING. <br /> From the Effective Date of this Agreement until the Closing or earlier termination of this <br /> Agreement, Seller shall keep and maintain the Property in substantially the same condition as of the <br /> date of this Agreement, reasonable wear and tear excepted . <br /> 13 . NOTICES <br /> All notices, demands and requests which may be given or which are required to be given by <br /> either party to the other under this Agreement, and any exercise of a right of termination provided by <br /> this Agreement, shall be in writing and shall be deemed effective when either : (i) personally <br /> delivered to the intended recipient; (ii) three (3 ) business days after having been sent, by certified or <br /> registered mail , return receipt requested, addressed to the intended recipient at the address specified <br /> herein; or (iii) at 5 : 00 p .m . of the business day next following after having been deposited into the <br /> custody of a nationally recognized overnight delivery service such as Federal Express Corporation, <br /> Emery, or Purolator, addressed to such party at the address specified herein. Any notice sent as <br /> required by this section and refused by recipient shall be deemed delivered as of the date of such <br /> refusal . For purposes of this Paragraph, the addresses of the parties for all notices are as set forth in <br /> the Preamble of this Agreement (unless changed by similar notice in writing given by the particular <br /> person whose address is to be changed) . <br /> 14 . BROKERAGE. <br /> Seller and Buyer warrant each to the other (and it is agreed that this warranty shall survive <br /> delivery of the deed) that no broker or agent has been employed with respect to the sale of the <br /> Property except Realty Masters Advisors , LLC (the 'Broker" ) . Each party agrees to indemnify and <br /> hold harmless the other from any claim made by brokers or agents who claim to act for the party <br /> sought to be charged for a commission, compensation, brokerage fees, or similar payment in <br /> connection with this transaction and against any and all expense or liability arising out of any such <br /> claim other than the Broker. Seller shall pay the commission owed to Broker, pursuant to a separate <br /> listing of commission agreement, only as, when and if the sale is closed, but not otherwise . <br /> 15 . ESCROW AGENT . <br /> The Escrow Agent shall hold the Deposit in accordance with this Agreement. In receiving <br /> and maintaining such Deposit, Escrow Agent shall be deemed to be acting only as a stakes holder <br /> and shall have no liability for any loss or damage or for the improper delivery of such funds, except <br /> where such loss or damage is the result of Escrow Agent' s gross negligence . In the event of a <br /> SLK SAR: # 191001v2 11 <br />