Laserfiche WebLink
operations for at least 12 months following the execution of this Contract unless mutually agreed <br /> upon in writing by the Buyer and Seller. Upon closing, Buyer shall assume and become <br /> responsible for any and all leases or agreements in place for Business Center of Decatur <br /> occupants. <br /> 9. Default. If the conditions precedent of this Contract are satisfied or waived by <br /> Buyer and Seller, and if Seller fails to consummate this Contract for any reason other than the <br /> default of Buyer, then Buyer may enforce specific performance or seek other legal remedies. If <br /> Buyer shall default in the performance of its obligations under this Contract, then Seller may <br /> enforce specific performance or seek other legal remedies. <br /> 10. Assi ng ment Neither the Seller nor Buyer may assign this Contract or their <br /> interest in the Property without the prior written consent of the other. The terms of this Contract <br /> and deed conveying ownership in the Property shall be binding on the parties, their respective <br /> successors,personal representatives, heirs and assigns. <br /> 11. Survival. The conditions of Paragraphs 4 and 8 shall survive closing. <br /> 11. Miscellaneous <br /> (a) Any notice which either party may be required to give hereunder or which <br /> either party is permitted or may desire to give to the other party shall be in writing and given <br /> either personally or by mailing the same by registered or certified mail, return receipt requested, <br /> to the party to whom notice is directed at the address of such party as follows: <br /> Seller: City Manager <br /> City of Decatur <br /> #1 Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> Buyer: Phil Pugsley <br /> Decatur RAS LLC <br /> 302944379 v2 1 Q <br />