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Upon termination of this Agreement, Purchaser will deliver to Seller all reports, studies <br /> and similar documents (except for financial analysis prepared by Purchaser for the Property <br /> which are considered proprietary and shall not be provided to Seller by Purchaser), prepared for <br /> or by Purchaser concerning the Property and Seller may use such work product for any and all <br /> purposes. Seller shall reimburse Purchaser for the costs in accordance with section 4.1.3. <br /> 2. Section 5.1 is hereby replaced with the following language: <br /> The Closing. The Closing shall occur thirty (30) calendar days after the receipt of the <br /> Approvals but no later than February 20, 2015. Closing shall take place at 10:00 a.m. at the <br /> offices of the Title Company in Boulder, Colorado (the "Closing Date") or other date or time or <br /> other place as the parties may agree in writing. <br /> 3. Effect of this Amendment. As amended by the terms hereof, the Agreement is in full <br /> force and effect and is hereby ratified by the parties, with both parties acknowledging that <br /> no defaults exist under the Agreement by the other party. <br /> 4. Conflict. In the event of any conflict between the Agreement and this Amendment, the <br /> terms and conditions of this Amendment shall control. <br /> 5. Counterparts. This Amendment may be executed in counterparts, each of which shall be <br /> deemed an original and all of which together shall constitute the binding and enforceable <br /> agreement of the parties hereto. <br /> NEXT PAGE IS THE SIGNATURE PAGE <br />