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17. Studies, Reports and Investigations. Each Party agrees to make available to the other <br /> Party within two (2)business days following the Effective Date, any and all information, studies, <br /> reports, investigations, contracts, leases,rental agreements and other obligations concerning or <br /> relating to its respective property that is within such Party's possession or reasonably available to <br /> such Party, including without limitation surveys, studies,reports and investigations concerning <br /> the property's physical, environmental or geological condition,habitability, or the presence or <br /> absence of Hazardous Materials in, on or under the property and its compliance with <br /> Environmental Laws (as defined in Section 20). <br /> 18. Intentionally omitted. <br /> 19. Chamber's Conditions to Closing. The close of escrow and Chamber's obligation to <br /> sell the Chamber Property pursuant to this Agreement are conditioned upon: (i)the performance <br /> by City of each obligation to be performed by City under this Agreement within the applicable <br /> time period, or waiver by Chamber of such obligation; and(ii) City's representations and <br /> warranties contained in this Agreement being true and correct as of the date hereof and the close <br /> of escrow. <br /> 20. Chamber's Representations and Warranties. Chamber hereby represents and warrants <br /> that to Chamber's actual knowledge, except as disclosed in writing to City, as of the date hereof <br /> and as of the close of escrow: <br /> (a) Except for any Permitted Exceptions and any agreements that have been disclosed <br /> to City in writing,there are no leases, licenses, contracts or other agreements relating to the <br /> Chamber Property which will be in force after the Closing Date. <br /> (b) There is no pending(nor has Chamber received notice of any threatened) action, <br /> litigation, condemnation or other proceeding against the Chamber Property or against Chamber <br /> with respect to the Chamber Property. <br /> (c) Chamber has received no notice from any governmental authority having <br /> jurisdiction over the Chamber Property to the effect that the Chamber Property is not in <br /> compliance with applicable laws and ordinances(including any laws concerning the use, <br /> generation,handling, disposal or storage of Hazardous Materials (as defined below)). <br /> (d) Chamber has not received any notice from any insurer of defects or conditions <br /> relating to the Chamber Property that must be corrected. <br /> (e) There has been no release of any Hazardous Material (as defined below)at, under <br /> or upon the Chamber Property, in an amount which would, as of the date hereof, give rise to an <br /> Environmental Compliance Cost(as defined below). The term"Hazardous Material" shall <br /> mean asbestos,petroleum products,and any other hazardous waste or substance which has, as of <br /> the date hereof,been determined to be hazardous or a pollutant by the U.S. Environmental <br /> Protection Agency,the U.S. Department of Transportation, or any State or Federal <br /> instrumentality authorized to regulate substances in the environment which has jurisdiction over <br /> 7 <br />