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01-16-1996 Planning Packet
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01-16-1996 Planning Packet
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9/7/2023 2:51:34 PM
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Fv •« <br />L <br />abstract covering the Land and certified to a current <br />date. OHB will, at its expense, conduct all such title <br />examinations and make such title insurance arrangement <br />as it deems appropriate. <br />* <br />5. Representations. <br />(a) Bv ISP. ISO represents and warrants to OHB <br />that <br />(i) it has all necessary authority to enter <br />into the Option to Lease and, upon <br />exercise of the Option, the Lease; <br />(ii) it has not stored or disposed of any <br />pollutant, toxic or hazardous substance <br />or waste on the Land. <br />(b) Bv OHB. OHB represents and warrants to ISO <br />that it has all necessary authority to enter ;the <br />Option to Lease, and to cause Arena Owner to enter into <br />the Lease. <br />(c) As Is Sale. (Section 13 from the Original <br />Option Agreement). <br />6. Miscellaneous. <br />(Section 15 and 16 from the Original Option <br />Agreement). <br />-6- <br />■ li-L:
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