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Seaview: signed Cyclone deposit agreement and proposed order, ECF 18-19 excerpt

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3 the Seller Parties, for or by reason of any matter, cause, or thing whatsoever occurring prior to the date hereof and relating to the Purchase Agreement, the Property, and/or the Deposit. Cyclone represents and warrants to the Receiver that Cyclone has not, in whole or in part, sold, assigned, transferred, conveyed, or made any other disposition of any cause of action, claim, demand, right, obligation, or damages covered herein. Cyclone represents and warrants to the Receiver and the Escrow Agent that Cyclone has the sole right and exclusive authority to execute this Agreement and receive the sums specified herein. (b) From the Receiver. Except for Cyclone鈥檚 obligations to the Receiver arising under this Agreement and Cyclone鈥檚 Surviving Agreements described in Paragraph 11, the Receiver hereby fully and unconditionally releases Cyclone and its employees, officers, directors, agents, and attorneys from any and all claims, demands, debts, actions, causes of action, suits, contracts, agreements, obligations, accounts, losses, defenses, offsets, and liabilities of any kind or character whatsoever, whether contingent in whole or in part or fixed, accrued in whole or in part or unaccrued, legal or equitable, known or unknown, suspected or unsuspected, in contract or in tort, that the Receiver ever had, now has, or may have against Cyclone, for or by reason of any matter, cause, or thing whatsoever occurring prior to the date hereof and relating to the Purchase Agreement, the Property, and/or the Deposit. The Receiver represents and warrants to Cyclone that the Receiver has not, in whole or in part, sold, assigned, transferred, conveyed, or made any other disposition of any cause of action, claim, demand, right, obligation, or damages covered herein. The Receiver represents and warrants to Cyclone and the Escrow Agent that it has the sole right and exclusive authority to execute this Agreement and receive the sums specified herein. 6. Authorization. (a) Cyclone. Cyclone hereby represents and warrants the following to the Receiver: (i) Cyclone has has all necessary power and authority to enter into and perform this Agreement; (ii) the person signing below on behalf of Cyclone has full authority to execute this Agreement on behalf of Cyclone; (iii) this Agreement constitutes the valid and binding agreement of Cyclone and is enforceable in accordance with its terms; (iv) the execution, delivery, and performance of this Agreement by Cyclone and the consummation of the transactions herein contemplated do not and will not conflict with, or result in a breach of any term or provision of, or constitute a default under, as may be applicable, any agreement or other instrument to which Cyclone is a party or by which it is bound or to which its properties are subject. (b) The Receiver. The Receiver hereby represents and warrants the following to Cyclone: (i) upon entry of the Approval Order, the Receiver shall have all necessary power and authority to enter into this Agreement and perform its obligations hereunder; (ii) the person signing below on behalf of the Receiver has full authority to execute this Agreement on behalf of the Receiver; (iii) upon entry of the Approval Order, this Agreement shall constitute the valid and binding agreement of the Receiver and shall be enforceable in accordance with its terms; and (iv) upon entry of the Approval Order, the execution, delivery, and performance of this Agreement by the Receiver and the consummation of the transactions herein contemplated Case 25-23251-MEH Doc 18-19 Filed 12/22/25 Entered 12/22/25 20:08:18 Desc Exhibit 6 Page 10 of 19 ANN public excerpt | ECF 18-19, pages 8-19 | combined source PDF 446/478
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