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to the presence, release, generation, use, handling, treatment, storage, transportation or disposal of <br />Hazardous Materials, or the protection of the environment or human, plant or animal health, including, <br />without limitation, the Comprehensive Environmental Response, Compensation and Liability Act of <br />1980, as amended by the Superfund Amendments and Reauthorization Act of 1986 (42 U.S.C. § 9601), <br />the Hazardous Materials Transportation Act (49 U.S.C. § 1801 et sec .), the Resource Conservation and <br />Recovery Act (42 U.S.C. § 6901 et sec .), the Federal Water Pollution Control Act (33 U.S.C. § 1251 et <br />seg.), the Clean Air Act (42 U.S.C. § 7401 et se .), the Toxic Substances Control Act (15 U.S.C. § 2601 <br />et sec .), the Oil Pollution Act (33 U.S.C. § 2701 et sec .), the Emergency Planning and Community <br />Right-to-Know Act (42 U.S.C. § 11001 et seg.), the Porter-Cologne Water Quality Control Act (Cal. <br />Water Code § 13000 et seg.), the Toxic Mold Protection Act (Cal. Health & Safety Code § 26100, et <br />sec .), the Safe Drinking Water and Toxic Enforcement Act of 1986 (Cal. Health & Safety Code <br />§ 25249.5 et seg.), the Hazardous Waste Control Act (Cal. Health & Safety Code § 25100 et sec .), the <br />Hazardous Materials Release Response Plans & Inventory Act (Cal. Health & Safety Code § 25500 et <br />sec .), and the Carpenter-Presley-Tanner Hazardous Substances Account Act (Cal. Health and Safety <br />Code, Section 25300 et seg.). <br />11. Seller's Conditions to Closing. The Close of Escrow and Seller's obligation to sell the <br />Property pursuant to this Agreement are conditioned upon: (i) the performance by Buyer of each <br />obligation to be performed by Buyer under this Agreement within the applicable time period, or waiver <br />by Seller of such obligation; and (ii) Buyer's representations and warranties contained in this Agreement <br />being true and correct as of the Effective Date and the Close of Escrow. <br />12. Seller's Representations and Warranties. Seller hereby represents and warrants that <br />except as disclosed in writing to Buyer, as of the Effective Date and as of the Close of Escrow: <br />(a) Seller has received no notice, warning, notice of violation, administrative complaint, <br />judicial complaint, or other formal or informal notice alleging that conditions on the Property are or <br />have ever been in violation of any local, state, or federal law (including any Environmental Law) or <br />informing Seller that the Property is subject to investigation or inquiry regarding Hazardous Materials <br />on the Property or the potential violation of any Environmental Law; <br />(b) There are no ongoing operations, maintenance and monitoring requirements on the Property <br />imposed by any governmental agency; <br />(c) Seller has disclosed to Buyer all information, records, and studies in Seller's possession <br />relating to the Property concerning Hazardous Materials and their use, storage, spillage or disposal on <br />the Property; <br />(d) There are no pending, or to Seller's knowledge, threatened, actions suits, or administrative <br />proceedings against or affecting the Property or any portion thereof or the interest of Seller in the <br />Property; <br />(e) No contracts or agreements regarding the leasing, management, maintenance or use of the <br />Property exist that would be binding on Buyer after the Close of Escrow; <br />(f) This Agreement and all other documents delivered or to be delivered in connection herewith <br />prior to or at the Close of Escrow: (i) have been duly authorized, executed, and delivered by Seller; (ii) <br />1331533-6 4 <br />