Laserfiche WebLink
<br /> <br />Property Exchange Agreement - 15 <br /> <br /> <br /> J. If the day for performance of any act required under this Agreement falls on a <br />Saturday, Sunday, or legal holiday, then the Closing Date or the day for such performance, as the <br />case may be, shall be the next following regular business day. <br /> <br />K. Each of the provisions of this Agreement has been reviewed and negotiated and <br />represents the combined work product of all Parties hereto. No presumption or other rules of <br />construction which would interpret the provisions of this Agreement in favor of or against the <br />Parties preparing the same shall be applicable in connection with the construction or <br />interpretation of any of the provisions of this Agreement. <br /> L. In case any one or more of the provisions contained in the Agreement shall for <br />any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality <br />or unenforceability shall not affect any other provision hereof, and this Agreement shall be <br />construed as if such invalid, illegal or unenforceable provision had never been contained herein. <br /> <br />M. It is not intended by this Agreement to, and nothing contained in this Agreement <br />shall create, any partnership, joint venture, or other agreement between or among the Parties. No <br />term or provision of this Agreement is intended to be, or shall be, for the benefit of any person, <br />firm, organization, or corporation not a Party hereto, and no such other person, firm, <br />organization, or corporation shall have any right or cause of action hereunder. <br /> <br />N. The Parties agree that they will take such further actions and execute and deliver <br />any other consents, authorizations, instruments, or documents that are necessary or incidental to <br />achieve the purposes of this Agreement. <br /> <br />O. All warranties, representations, covenants, obligations, and agreements contained <br />in or arising out of this Agreement will survive the Closing and conveyance of the Exchange <br />Properties. The indemnity obligations, if any, set forth in this Agreement shall survive the <br />Closing or earlier termination of this Agreement. <br /> <br /> P. Risk of loss or damage to any Exchange Property shall remain with the Transferor <br />until Closing. <br /> <br />Section 10. Default. In the event of material breach or default by a Party of this Agreement <br />or any of the conditions or provisions hereof, except for provisions that survive Closing, the <br />other Parties shall have as their sole remedy the right to terminate this Agreement upon written <br />notice without any additional liability to any Party. In the event of a material breach or default <br />of any of the provisions in this Agreement that survive Closing by a Party, the other Parties may <br />pursue all remedies that are available to them, whether at law or in equity, except as provided <br />below. <br /> <br />After Closing of the property exchange, if any dispute arises between the Parties with respect to <br />this Agreement, no Party shall be entitled to seek rescission of the conveyances that may have