Orange County NC Website
7 <br /> (e) There is no action, litigation,pending or threatened condemnation, or other proceeding of any <br /> kind pending against the Holloway which relates to or affects the Holloway Lot. <br /> (f) Holloway, on the Closing Date, will have complied with all of its obligations required to be <br /> performed by that date, unless such compliance has been waived in writing by County, and all <br /> warranties made hereunder shall be true and correct on the Closing Date. <br /> (g) To Holloway's best knowledge, there are no underground storage tanks of any type located <br /> on Tracts 1. <br /> (11) To Holloway's best knowledge,no portion of Tract l has been used to generate, manufacture, <br /> refine, transport, treat, store, handle or contain any hazardous, dangerous or toxic substance, as those <br /> terms are defined in all applicable environtnental laws, rules, regulations or ordinances of any federal, <br /> state or local government or agency,including, without limitation,toxic wastes or asbestos or products <br /> made from either, nor to the best of its knowledge, has it ever been used for a purpose that would <br /> generate hazardous substances that might have been discharged on or buried in Tract 1. <br /> Holloway hereby agrees that the truthfulness of each of said representations and warranties and of all <br /> other representations and warranties herein made is a condition precedent to the performance by County of its <br /> obligations hereunder, and all of said representations and warranties shall be deemed to be repeated at closing. <br /> In the event any of the conditions precedent to closing in this Agreement have not been satisfied or waived as <br /> of a closing date, or upon the breach by Holloway of any representation, warranty, condition or provision <br /> hereof, County may, prior to any closing date, terminate this Agreement and exercise any other rights it may <br /> have at law or equity, <br /> 8. Additional Property. County and Holloway understand that a utility provider may require <br /> County to relocate a utility line from the location shown on Exhibit A facilitate the utility connection <br /> contemplated herein. Holloway agrees to the relocation of the Sewer Easement across Tract 2 andlor the <br /> Holloway Lot if required by the utility provider. There is no plan or intention for the Sewer Easement to cross <br /> the current Holloway Dome site property situated north of Tract 2. <br /> 9. Broker's Commission. Each party represents and warrants to the other that it has contracted <br /> with no real estate broker with respect to the transaction contemplated by this Agreement. Each party agrees to <br /> indemnify and hold the other party harmless from any losses, claims or damages (including reasonable attor- <br /> neys'fees)incurred because of a breach of the representations in this Section 9. i <br /> 10. Survival. The terms, covenants, conditions, representations, warranties, and agreements of <br /> this Agreement shall survive the closings. <br /> it. Notices. All notice or election required or permitted to be given or served by any party hereto <br /> upon any other party shall be deemed given or served in accordance with the provisions of this Agreement, if <br /> said notice or election is directed to Holloway by delivering it personally to William Holloway or Donna <br /> Holloway or if said notice or election is directed to County, by delivering it personally to Jeff Thompson, or if <br /> mailed in a sealed wrapper by United States registered or certified mail, return receipt requested, postage <br /> prepaid, or sent by facsimile or overnight delivery service,properly addressed as follows: <br /> r <br /> 3 <br /> if to the County: Orange County <br /> 131 West Margaret Lane <br /> Suite 300 <br /> i <br /> Hillsborough,NC 27278 f <br /> Attn: Jeff Thompson <br /> Email; lethom son oran ecoun nc. ov <br /> i <br />