Growing Crops. Seller or Seller's tenants, if any, shall have the right to harvest all mature crops on the School Site at the time of Closing. In the event Closing is prior to the time crops are ready to harvest, Buyer shall permit Seller or Seller's tenants, at the expense of Seller or Seller's tenants, to tend such crops until they mature, to harvest the crops and retain all income derived therefrom, provided that all crops on the School Site must be harvested no later than December 1, 2014, and that no delay in Buyer’s intended development of the School Site (including any testing, grading, infrastructure or site development) shall occur. ▇▇▇▇▇ agrees, only to the extent allowed by law and only until December 1, 2014, to indemnify, defend and hold harmless Seller, and ▇▇▇▇▇▇’s tenants on the ▇▇▇▇▇▇ Property, against all claims for damage to any crops planted on the ▇▇▇▇▇▇ Property caused by the Buyer or its agents by their use or preparation of the School Site or the Surrounding ▇▇▇▇▇▇ Property prior to Closing. Seller shall be responsible for (1) giving the Seller’s tenant written notice of termination of farm lease on the School Site, along with a copy of such notice to Buyer, no later than August 31, 2014; and (2) modifying the farm lease with Seller’s tenant to allow Buyer to implement and construct the site development and infrastructure plan on the Surrounding ▇▇▇▇▇▇ Property within the grading limits shown on Exhibit “E”, page 6. Seller agrees that Buyer shall not be responsible or liable for any damages, including but not limited to crop damages, on that portion of the Surrounding ▇▇▇▇▇▇ Property within the grading limits of the site development and infrastructure plan shown on Exhibit “E”, page 6 that occur after December 1, 2014, and until construction and development of such site improvements have been completed.
Appears in 1 contract
Sources: Property Purchase and Sale Agreement
Growing Crops. Seller or Seller's tenants, if any, shall have the right to harvest all mature crops on the School Site at the time of Closing. In the event Closing is prior to the time crops are ready to harvest, Buyer shall permit Seller or Seller's tenants, at the expense of Seller or Seller's tenants, to tend such crops until they mature, to harvest the crops and retain all income derived therefrom, provided that all crops on the School Site must be harvested no later than December 1, 2014, and that no delay in Buyer’s intended development of the School Site (including any testing, grading, infrastructure or site development) shall occur. ▇▇▇▇▇ Buyer agrees, only to the extent allowed by law and only until December 1, 2014, to indemnify, defend and hold harmless Seller, and ▇▇▇▇▇▇Seller’s tenants on the ▇▇▇▇▇▇ Property, against all claims for damage to any crops planted on the ▇▇▇▇▇▇ Property caused by the Buyer or its agents by their use or preparation of the School Site or the Surrounding ▇▇▇▇▇▇ Property prior to Closing. Seller shall be responsible for (1) giving the Seller’s tenant written notice of termination of farm lease on the School Site, along with a copy of such notice to Buyer, no later than August 31, 2014; and (2) modifying the farm lease with Seller’s tenant to allow Buyer to implement and construct the site development and infrastructure plan on the Surrounding ▇▇▇▇▇▇ Property within the grading limits shown on Exhibit “E”, page 6. Seller agrees that Buyer shall not be responsible or liable for any damages, including but not limited to crop damages, on that portion of the Surrounding ▇▇▇▇▇▇ Property within the grading limits of the site development and infrastructure plan shown on Exhibit “E”, page 6 that occur after December 1, 2014, and until construction and development of such site improvements have been completed.
Appears in 1 contract
Sources: Property Purchase and Sale Agreement