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v. CONDITIONS TO CLOSING <br />i Airport and Redevelopment agree that the sale and purchase <br />of the Airport Land is subject to the satisfaction of the following <br />contingencies and conditions, except those set forth in 6.(f), <br />wherein the separate dates for performance of the conditions therein <br />described are established, prior to 1992, and if not so <br />satisfied this Agreement shall, at the option of either Redevelopment <br />or Airport, be cancelled and rescinded.. Notwithstanding the <br />foregoing, Redevelopment may, at its option, waive any of the <br />conditions or contingencies set forth in this Section 6 and proceed <br />to purchase the Airport Land from Airport. <br />(a) Re~sentations and Warranties. All warranties and <br />representations given by Airport herein, shall be true and correct <br />and not have been breached on and as of the date of Closing as if <br />made on that date. <br />(b) Removal of Airport's Property. Airport shall have <br />removed, at no expense to Redevelopment, all equipment, personal <br />property and. other items of any kind or nature from the. Premises., <br />except fixtures and other items permanently affixed to the Premises, <br />except only for those items to remain as a part of the Premises as <br />herein described. <br />(c) Title Commitment. Redevelopment shall have received <br />the Title Commitment. <br />• (d) Improvements. The Airport Land and all buildings and <br />improvements located thereon will at the Closing be in the same <br />condition and repair as of the date hereof, reasonable wear and tear <br />excepted. <br />(e) Deed. Redevelopment shall have received the farmthed <br />content of a deed conveying the Airport Land to Redevelopment, <br />closing statement covering the purchase. and sale of the Airport Land, <br />and all other documents and instruments required to effect the sale <br />of the Airport Land and the agreements of the parties herein set <br />forth. <br />(f) Bond Sale. Redevelopment shall have been issued and <br />sold the Bonds, and such Bond sale shall have taken place on Qr <br />before October 30, 1992. <br />7. REAL ESTATE TAXES <br />Airport shall assume all <br />and/or special assessments which <br />accrued, if any, on or before th <br />limited to, 1991 taxes payable i <br />including interest and penalties, <br />• <br />$. CLOSING. <br />real property taxes and any general <br />may be imposed or which may have <br />e date of Closing, including, but not <br />n 1992, 1992 taxes payable in 1993, <br />if any. <br />(a) Provided all conditions set forth in Section 6 hereof <br />-9- <br />