AgdaPkt 2004-08-09 - Laserfiche WebLink

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� 5 - .1�5 with the Escrow Holder as may be necessary for the conveyance of the Property in accordance with the terms of this Agreement. e. Buyer shall deposit with Escrow Holder prior to the Scheduled Closing Date Buyer's funds necessary to consummate the transaction described in this Agreement. f. Seller shall deposit with Escrow Holder prior to the Scheduled Closing Date, Seller's Grant Deed, duly executed and acknowledged, conveying the Property to Buyer. g. Each party shall deposit with Escrow Holder a duly executed original of the Assignment and Assumption of Contracts h. Escrow shall close on the Scheduled Closing Date. 8. Propertv Documents. Within three (3) business days after the Agreement Date, Seller shall deliver the following documents to Buyer, to the extent the same are in Seller's possession: a. Preluninary Title Report covering the Property, issued by Title Company, together with copies of the exceptions listed therein; b. Soils reports, environmental reports, and similaz reports regarding the Property; c. The most recent available property tax bill for the Property; and d. All service, maintenance and other contracts in effect with respect to the Property. Buyer and its representatives shall hold in strictest confidence all data and information obtained with respect to Seller or the Property whether obtained before or after the execution and delivery of this Agreement, and shall not disclose the same to others; provided however, that it is understood and agreed that Buyer may disclose such data and information to the employees, lenders, consultants, accountants and attorneys of Buyer provided that such persons agree to treat such data and information confidentially. 9. Ri t of Entry for Investi ag tion. a. Buyer and its agents may enter the Property at any time or times beginning on the Agreement Date for the purpose of investigating the matters enumerated in paragraph 11.(1), and Seller hereby grants Buyer a license from and after the Agreement Date for the duration of this Agreement to so enter the Property; provided, however, such license shall not extend to the conduct of any drilling or soil sampling unless Buyer first obtains Seller's written consent, which consent may be subject to such conditions as Seller may reasonably require but will not otherwise be unreasonably withheld or delayed. Buyer shall give Seller advance written notice of the time of desired entry and of the name of each consultant, and Seller shall have the right to (i) have a representative of Seller present and (ii) approve or reject such consultant on commercially reasonable grounds. Neither Buyer nor its agents shall disrupt Seller's activities on the Property. Subject to the other terms and provisions of this paragraph 9, Buyer may at its sole cost and expense conduct environmental and physical condition testing including a Phase I inspection, geotechnical inspections, hydrology studies and/or other soils studies of the Property. Prior to the Close of Escrow, or unless as required by law, Buyer shall not, without the prior written approval of Seller, publish or otherwise disclose to others, or permit the use by others of any report or information (collectively "Information") obtained with respect to the environmental condition of the Property. Buyer shall carefully restrict access to the Information to those of its 11417.00002�BGLIBI\I225060.4 3 „ __ .. -�_. � _. ,