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2018-01-11_REVISION - M2006017
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2018-01-11_REVISION - M2006017
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Last modified
6/16/2021 2:26:03 PM
Creation date
1/22/2018 7:45:58 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M2006017
IBM Index Class Name
REVISION
Doc Date
1/11/2018
Doc Name
Application
From
San Acquisition Holdings, LLC
To
DRMS
Type & Sequence
SO3
Email Name
TC1
WHE
BJC
Media Type
D
Archive
No
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courts or to claim that such forum is inconvenient. Final judgment by such courts shall be <br /> conclusive and may be enforced in any manner permitted by Law. <br /> 10.12 Specific Performance. The Parties hereby expressly recognize and acknowledge <br /> that immediate, extensive and irreparable damage would result, no adequate remedy at Law <br /> would exist and damages would be difficult to determine this Agreement is not performed in <br /> accordance with its specific terms or otherwise breached. In such event, it is hereby agreed that <br /> the Parties shall be entitled to specific performance of the terms hereof and immediate injunctive <br /> relief and other equitable relief, without the necessity of proving the inadequacy of money <br /> damages as a remedy, and the Parties further hereby agree to waive any requirement for the <br /> securing or posting of a bond in connection with the obtaining of such injunctive or other <br /> equitable relief. Such remedies, and any and all other remedies provided for in this Agreement, <br /> shall, however, be cumulative in nature and not exclusive and shall be in addition to any other <br /> remedies whatsoever which any Party may otherwise have. Each of the Parties hereby <br /> acknowledges that the existence of any other remedy contemplated by this Agreement does not <br /> diminish the availability of specific performance of this Agreement or any other injunctive relief. <br /> Each of the Parties further acknowledges and agrees that injunctive relief and/or specific <br /> performance will not cause an undue hardship to such Party. <br /> 10.13 Public Announcements. Unless otherwise required by Law (based upon the <br /> reasonable advice of counsel), no Party to this Agreement shall make any public announcements <br /> in respect of the terms of this Agreement or the details of the Transactions contemplated hereby <br /> or otherwise communicate such details to any news media without the prior written consent of <br /> the other Parties (which consent shall not be unreasonably withheld or delayed), and the Parties <br /> shall cooperate as to the timing and contents of any such announcement. <br /> 10.14 Buyer's Cooperation in Seller's and the Individuals' Section 1031 Exchange. <br /> Buyer agrees to reasonably cooperate with Seller and the Individuals so that one or more of <br /> Seller and the Individuals may sell all or portions of the Transferred Real Property as part of a <br /> tax-deferred exchange pursuant to Section 1031 of the Code;provided,however,that Buyer shall <br /> not be required to pay or incur any additional expense or liability, directly or indirectly, as a <br /> result of such exchange, it being the intent and agreement of the Parties hereto that the cost, <br /> expense and liability required to effectuate such exchange shall be borne solely by the Seller and <br /> the Individuals;provided, further,however that nothing in this Section 10.14 shall change, delay <br /> or otherwise affect the timing for the Closing of the Purchased Assets under this Agreement. <br /> [Remainder of Page Intentionally Left Blank,Signature Page Follows) <br /> 38 <br />
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