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5A1 Purchase Agreement (New Day Intake Center) - Signed
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5A1 Purchase Agreement (New Day Intake Center) - Signed
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8/14/2025 11:05:47 AM
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8/14/2025 11:05:42 AM
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Dept of Community Investment
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F. This Agreement shall be binding upon and inure to the benefit of the <br />parties hereto and their respective successors and assigns. Nothing in this Agreement, <br />express or implied, is intended or shall be construed to confer upon any person, firm, or <br />corporation other than the parties hereto and their respective successors or assigns, any <br />remedy or claim under or by reason of this Agreement or any term, covenant, or condition <br />hereof, as third-party beneficiaries or otherwise, and all of the terms, covenants, and <br />conditions hereof shall be for the sole and exclusive benefit of the parties herein. Buyer <br />may not assign its rights and obligations under this Agreement without Seller's prior written <br />consent. In the event Buyer wishes to obtain Seller’s consent regarding a proposed <br />assignment of this Agreement, Seller may request, and Buyer shall provide, any and all <br />information reasonably demanded by Seller in connection with the proposed assignment <br />and/or the proposed assignee. The unenforceability or invalidity of any provisions hereof <br />shall not render any other provisions herein contained unenforceable or invalid. <br /> <br />G. It is the intent of Buyer and Seller that this Agreement shall be binding on <br />both parties and not illusory. Buyer and Seller acknowledge that Buyer and Seller will <br />expend significant time, effort and expense in performing their respective obligations under <br />this Agreement, which constitutes legally adequate consideration. <br /> <br />H. If any term or provision of this Agreement is held by a court of competent <br />jurisdiction to be invalid, void, or unenforceable, the remaining terms and provisions of <br />this Agreement shall continue in full force and effect unless amended or modified by <br />mutual consent of the Parties. <br /> <br />I. This Agreement and any and all documents and signatures relating thereto <br />may be transmitted by electronic mail. All such documents and signatures transmitted by <br />electronic mail shall deemed to be originals. This Agreement may be executed in any <br />number of counterparts, all of which shall constitute one and the same agreement. <br /> <br />J. Time is of the essence as to all terms and conditions of this Agreement. <br /> <br />K. Sections 9, 10, 12, and 13 shall survive the termination of this Agreement. <br /> <br />[Signatures on the following page(s)]
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