Survive Closing. The terms of this Addendum shall not merge into the Purchase Agreement or conveyance documents but instead shall survive closing and delivery of the conveyance documents.
Survive Closing. For purposes hereof, “Hazardous Substances” means any hazardous, toxic or dangerous waste, substance or material, pollutant or contaminant, as defined for purposes of the Comprehensive Environmental Response, Compensation and Liability Act Of 1980 (42 U.S.C. Sections 9601 et seq.), as amended (“CERCLA”), or the Resource Conservation and Recovery Act (42 U.S.C. Sections 6901 et seq.), as amended (“RCRA”), the Federal Water Pollution Control Act, the Federal Environmental Pesticides Act, the Clean Water Act, the Clean Air Act, any federal, state or local so-called “Superfund” or “Superlien” statute, or any other statute, law, ordinance, code, rule, regulation, order or decree regulating, relating to or imposing liability or standards of conduct concerning any Hazardous Substances, or any other federal, state or local law, ordinance, rule or regulation applicable to the Property, or any substance which is toxic, explosive, corrosive, flammable, infectious, radioactive, carcinogenic, mutagenic or otherwise hazardous, or any substance which contains gasoline, diesel fuel or other petroleum hydrocarbons, polychlorinated biphenyls (pcbs), radon gas, urea formaldehyde, asbestos, lead or electromagnetic waves (collectively, the “Hazardous Substance Laws”).
Survive Closing. All terms and conditions set forth in this Agreement shall survive the closing of the Purchase Agreement.
Survive Closing. The covenants contained herein, which obligate the Borrower to perform any covenant following closing, shall be deemed to survive the closing.
Survive Closing. All warranties, representations, indemnities, and “save harmless” provisions contained in this agreement shall survive closing unless otherwise stated in this agreement.
Survive Closing. 24 PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS This Purchase and Sale Agreement and Escrow Instructions (the "Agreement") is entered into as of the 18th day of September, 1997, by and between Devcon Crown Bay Corp., a Florida corporation ("DEVCON"), and Crown Bay Marina Joint Venture I, a Virgin Islands partnership ("CBMJV") (collectively, "SELLER"), and Koben Capital Partners, Inc., a Delaware corporation or its assigns ("BUYER").
Survive Closing. The terms, conditions and covenants of this contract shall survive closing, and the parties hereto agree for themselves, their heirs, successors and assigns to be bound by the same unless and until said terms and conditions are modified by the mutual written agreement of the parties hereto, or expire by the explicit terms of this contract. Closing costs and fees. Seller will pay for the owners title insurance policy. Buyer and Seller shall split the cost of the title company’s closing fees. Condition of property. Buyer accepts the property in its present condition. Buyer confirms that they have received, read and understood the covenants associated with the Riverstone Park Subdivision.
Survive Closing. All of the covenants, warranties, and provisions of this Agreement shall survive and be enforceable after the closing of this transaction.
Survive Closing. The parties acknowledge that Seller has retained The Blackstone Group as a consultant in connection with this transaction, and Seller shall be solely responsible for, and shall indemnify, defend and hold Purchaser harmless from and against any fees, charges, expenses or commissions that may be due The Blackstone Group in connection with this transaction.
Survive Closing. To the extent any right or obligation of the Parties hereunder requires performance after the Closing, such right or obligation shall survive Closing.