f) Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of
the parties hereto and their successors and assigns.
g) Counterparts. This Agreement may be executed in several counterparts, each
constituting a duplicate original, but all such counterparts constituting one and the same
Agreement.
h) Interpretation. Whenever the context hereof shall require, the singular shall include the
plural, the male gender shall include the female gender and the neuter, and vice versa.
i) Severability. In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, such
invalidity, illegality or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if such invalid, illegal or unenforceable provision had never been contained herein.
j) Section 1031 Exchange. Upon request by Seller, Purchaser shall cooperate with Seller in order to effectuate the goal of Seller to have this transaction qualify for a tax deferred
treatment under Section 1031 of the Internal Revenue Code of 1986, as amended,
provided that Purchaser is put to no additional expense, in this regard, and that the
closing is not materially delayed. Formal provisions detailing the exchange shall be entered into by the parties and made a part of the final contract of exchange, no later than as such time as Purchaser shall acknowledge satisfaction of the contingencies to its
obligation to close this transaction.
k) Time for Acceptance & Effective Date. If this offer is not executed by both parties
hereto on or before ____(23)_______, the aforementioned deposits shall be returned to
Purchaser, and this offer shall thereafter be null and void. The date of the Agreement
("Effective Date") shall be the date when the last one of the Seller and Purchaser has
signed this offer.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
Witnesses:
"Purchaser"
__________(24)___________ _____________(25)______________
__________(24)___________ Date: _______(26)______________
__________(24)___________ _____________(27)______________
__________(24)___________ Date: _______(26)______________
"Seller"
__________(24)___________ _____________(28)______________
__________(24)___________ Date: _______(26)______________
__________(24)___________ _____________(29)______________
__________(24)___________ Date: _______(26)______________
"Escrow Agent"
__________(24)___________ _____________(30)______________
__________(24)___________ Date: _______(26)_______________
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